How Do You Set a Pending Bitcoin Order on MetaTrader 4 iPhone App

There are various types of trade orders which a btc usd trader can use to trade in BTC USD Crypto.

Traders should learn and understand about all the various orders so as make use of the correct btcusd cryptocurrency order for its correct purpose. The Most important thing to remember about is this: Always understand the orders you set when bitcoin trading. Never place a btcusd cryptocurrency order which you as a bitcoin trader are not entirely knowledgeable about. Given and Shown below are the basic definitions and meaning of commonly used types of trade orders:

Types of BTCUSD Market Orders & Types of Pending Bitcoin Orders

BTCUSD Trade Market Order

This is the most basic type of trade order, market order is used to buy or sell at the current ask or bid bitcoin quote bitcoin price. This refers to the quoted bitcoin price which appears & is illustrated on your bitcoin platform.

This type of order is used for buying or selling in accordance to the current exchange rate quotation in Bitcoin Market, the execution is instant. The minute you want to enter a position you can buy & sell btcusd crypto at a click of a button using a market order.

Bitcoin Entry BTCUSD Orders

These are orders used to open a new trade after the btcusd market reaches a bitcoin price given by the trader.

Entry orders are used to buy or sell btcusd crypto when it reaches a certain btcusd crypto price target.

When a specific btcusd crypto price level is reached or broken then a btcusd crypto entry trade order is entered.

These BTCUSD CryptoCurrency Entry Bitcoin Orders are used to enter a bitcoin crypto trade at a specified bitcoin price level. It is almost impossible to monitor the btcusd market every second & this is why a crypto entry order can be handy. If you feel the btcusd cryptocurrency market might take a certain action, like break through a particular btcusd crypto price level that it has been touching(testing) but it hasn't been able to break, you would want to use a Bitcoin Crypto Currency Entry Limit Bitcoin Order. Once the btcusd crypto market crosses your given level, your entry limit btcusd crypto trade order is executed.

There are 2 various different types of entry orders - limit btcusd cryptocurrency order & stop entry order.

The entry orders are also referred to as pending btcusd crypto trade orders.

BTCUSD Trading Entry Limit Bitcoin Order

An order to buy or sell at a specific limit.

An entry limit bitcoin order can be used to open buy below the current btcusd crypto price or sell above the current btcusd crypto price.

When buying, crypto entry limit is executed when the bitcoin price drops to your limit zone that you have set.

When selling, crypto entry limit is executed/opened when the bitcoin price rises to your limit zone that you have set.

These Bitcoin Entry Limit Bitcoin Orders are set by bitcoin traders when they expect the btcusd market to bounce back after reaching/getting to the bitcoin price level that the bitcoin entry limit was placed.

Buy Limit BTC/USD CryptoCurrency OrderSpecifies to open buy at a level that is below the current market btcusd crypto price

Sell Limit BTC/USD Crypto OrderSpecifies to open sell at a level that is above the current market btcusd crypto price

How to Set Buy Stop Bitcoin Order & Sell Stop Bitcoin Order in MetaTrader 4 App - How Do I Set a Pending Bitcoin Order on MT4 iPhone App - Pending Bitcoin Order MT4 iPhone

Pending BTCUSD CryptoCurrency Orders

A entry stop pending order to open buy above the current bitcoin price or to open sell below the current bitcoin price.

When buying, crypto entry stop pending order is executed as the btcusd market goes up & hits the buy stop level.

When selling, crypto entry stop pending order is executed as the btcusd market goes down and hits the sell stop level.

Buy Stop BTC/USD Crypto OrderSpecifies to open buy at a level that is above the current market btcusd crypto price.

Sell Stop BTC/USD Crypto OrderSpecifies to open sell at a point that is below the current market bitcoin price.

How to Place Buy Stop Bitcoin Order & Sell Stop Bitcoin Order on MetaTrader 4 iPhone Phone App - How Do You Place & Set a Pending Bitcoin Order on MT4 iPhone App - Pending Bitcoin Order MT4 iPhone

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