Take-profit orders gives you the opportunity to take off money at the peak of the transaction. And the essence of Stop-loss orders lies in minimizing of the expenses of the trader. The trader can set SL/TP orders over the already existing, as well as over pending trading. Traders often use levels: 23.6%; 38.2%. On these Fibonacci lines can open trading positions or place pending orders for the purchase or sale of assets. Since price chart often changes the direction of traffic at the levels of 23.6%; 38.2%. Example of a simple deal with a Fibonacci instrument on historical prices How to view all open positions and pending orders in IQ Option To view the position of opened orders, select “Total Portfolio” and go to tab “Active”. There, you can also click on “Settings” (gear icon) to adjust the stop-loss and take-profit for opened orders. Types of pending orders in Forex trading. The next most popular type of FX order is a pending order. These types of orders help you to place pending orders away from the current market price. If the market price reaches the price you set earlier, pending orders are automatically opened on the market. Advisor can place pending and market orders. It knows how to delete and close orders, as well as set stop loss take profit, can translate into breakeven and trawl. All actions are carried out using the control buttons. A small FAQ by an expert. The control panel is compact. The pending order management buttons are hidden. With IQ Option’s mobile apps, you can manage your open positions and pending orders with the same convenience as with the desktop and web versions. Simply tap the ‘Portfolio’ icon situated in the top-left of your screen to access open positions, pending orders, and also closed positions. Simply click on the transactions tab on the left of your trading interface. Click on the pending orders feature and then select close for the pending orders you want to terminate. Pending orders are a good way to open future trades on IQ Option. This feature is available for forex, stocks, CFDs and other instruments. The pending order strategy has gained high popularity among Forex traders. This situation was caused by the high efficiency of such a work tactic, which allows to reduce the psychological pressure on the market participant and to open profitable positions in the situation of the sharp price changing. Traders can place pending orders on commodities, even when the market is closed. These orders can either be executed at the first opportunity (at the first available price) when the market opens, or at a price specified by the trader. How to place a pending order in Olymp Trade Forex. Step 2: Set basic conditions and open UP order. After setting a specific price, you must set a suitable stop-loss and take-profit. After that, open an UP order. Basic conditions setup. Step 3: Check pending orders in Olymp Trade Forex. If the price hits the level you set before, the pending order will automatically activate. Or you can cancel this pending order.
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