Trade Forex Trading

XAUUSD Trading Set a XAUUSD Order in MT4

Trading XAUUSD Set a XAUUSD Order on MetaTrader 4

Set New XAUUSD Order on Tools Menu in MetaTrader 4

To set new xauusd order to buy or sell a trade can be found on the MetaTrader 4 tools menu that is found in the MetaTrader 4 Platform. The Button for placing a new trade order is illustrated below. (MT4 Short-Cut Key-board Keys "F9")

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XAUUSD Trading Set a XAUUSD Order in MT4 - How to Set a XAUUSD Order on MetaTrader 4?

Placing a New Gold Order

As a trader, once you choose the new xauusd order button as illustrated above the following popup window will appear. This popup includes all the settings for placing a new trade order.

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The Following Order Setting are specified for setting a new gold trading order:

  1. Quote - Specify the instrument to be traded.
  2. Volume - The Number of Lots to be transacted
  3. Stop Loss Gold Order - Set Stop Loss XAUUSD Order, This option can be set after opening trade, or for pending xauusd orders
  4. Take Profit Gold Order - Set Take Profit XAUUSD Order, This option can be set after opening trade, or for pending xauusd orders
  5. Type: Market Execution XAUUSD Order or Pending XAUUSD Order
  6. Sell by Market - Open a Sell XAUUSD Trade
  7. Buy by Market - Open a Buy XAUUSD Trade

To Buy at current gold price hit the Buy by Market button

To Sell at current gold price hit the Sell by Market button

Interpret and Set XAUUSD Order on MetaTrader 4

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