Types of orders in the currency market

Commands are divided in the currency market into two types:

Immediate implementation of the orders:

And are used for immediate trading at the current market price, and include open or close the deal at the same time that you specify, and at current prices.

 Outstanding execution orders, and is divided into seven types:

    Command (Buy Limit): is a purchase order that is used for the implementation of the procurement process at a price less than the current market price.

    Command (Sell limit): is a sell order that is used to carry out the sale at a price higher than the current market price.

    Command (Buy Stop): is the purchase order you place if you want to purchase at a higher price than the current market price.

    Command (Sell Stop): is a sell order you place if you want to sell at less than the current market price.

    Is a profit (Take Profit): is used to determine a certain price is automatically has to close the deal and sufficiency profits achieved.

    A stop-loss order (Stop Loss): is used to determine a certain price is automatically has to close the deal and unrealized losses sufficiency.

    Waqf is moving (Trailing Stop): is used to move the stop loss by a certain amount whenever the market moves in the direction of the transaction, and this command is used to keep the profits if the market decline against the direction of the deal.