How to Read Buy and Sell Gold Orders in MetaTrader 5 Gold Charts
How Do I Interpret Buy and Sell Gold Orders in MetaTrader 5 Gold Charts?
To open a buy or a sell xauusd trade in MetaTrader 5 platform - open the Market Watch Window, Select the XAUUSD Symbol you want to open a XAUUSD Trade with, open the chart of the instrument quote by double clicking on the xauusd quote, then from the chart open a buy or sell xauusd trade using the MT5 order window shown below:
Place New XAUUSD Order on Tools Menu in MetaTrader 5 Platform
A new buy or sell order to buy or sell xauusd can be found on the tools menu that is found in the MT5 XAUUSD Trading Platform. The "New Gold Order" button for placing a new trade transaction on the MT5 platform is shown below. (MT5 Short Cut Keyboard Keys "F9")
How to Read Buy and Sell Gold Orders in MetaTrader 5 XAUUSD Charts
Buy or Sell Order in MetaTrader 5 XAUUSD
As a xauusd trader, once you select the new xauusd order button as illustrated above the following trade order popup window will appear. This pop up includes the settings for placing a new gold trade.
Choose Buy to open a Buy XAUUSD Trade
Select Sell to open a Sell XAUUSD Trade
How to Read Buy and Sell Gold Orders in MetaTrader 5 XAUUSD Charts
The Following Setting are specified for setting a new gold trading order:
- Quote - Specify the instrument to be traded.
- Volume - The Number of Lots to be transacted
- Stop Loss Gold Order - Set Stop Loss XAUUSD Order, This option can be set after opening trade, or for pending xauusd orders
- Take Profit Gold Order - Set Take Profit XAUUSD Order, This option can be set after opening trade, or for pending xauusd orders
- Type: Market Execution or Pending XAUUSD Order
- Sell by Market - Open a Sell XAUUSD Trade
- Buy by Market - Open a Buy XAUUSD Trade
To Buy at current gold price choose the Buy by Market button key
To Sell at current gold price choose the Sell by Market button key
Analyze Buy and Sell Gold Orders in MetaTrader 5 XAUUSD Charts?
