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How to Read Buy & Sell XAUUSD Orders in MT4 Gold Charts

How Do You Analyze Buy & Sell XAUUSD Orders in MT4 Gold Charts?

To open a buy or a sell xauusd trade in MT4 platform - open the Market Watch Window, Select the XAUUSD Quote you want to open a XAUUSD Trade with, open the xauusd chart of the instrument symbol by double clicking on the xauusd quote, then from the xauusd chart open a buy or sell xauusd trade using the MetaTrader 4 order window shown below:

Place New XAUUSD Order on Tools Menu on MT4 Platform

A new buy or sell order to buy or sell xauusd can be found on the tools menu that is found in the MetaTrader 4 XAUUSD Trading Platform. The "New XAUUSD Order" button for placing a new trade transaction on the MetaTrader 4 platform is shown below. (MetaTrader 4 Short Cut Keyboard Keys 'F9')

How Do I Analyze Buy & Sell Gold Orders in MetaTrader 4 Gold Charts? - Buy & Sell in MT4 Charts

How to Read Buy & Sell XAUUSD Orders in MT4 XAUUSD Charts

Placing a New Gold Order

As a xauusd trader, once you select the new xauusd order button key as illustrated above the following trade order popup window will appear. This pop up includes settings for placing a new trade transaction.

Choose Buy to open a Buy XAUUSD Trade

Select Sell to open a Sell XAUUSD Trade

Buy & Sell on MT4 Charts - How Do I Set Gold New Orders in Trading Charts?

How to Read Buy & Sell XAUUSD Orders in MT4 XAUUSD Charts

The Following Setting are specified for setting a new gold trade 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 the trade, or for pending xauusd orders
  4. Take Profit Gold Order - Set Take Profit XAUUSD Order, This option can be set after opening the trade, or for pending xauusd orders
  5. Type: Market Execution 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 choose Buy by Market button key

To Sell at current gold price choose Sell by Market button key

Analyze Buy & Sell XAUUSD Orders in MT4 XAUUSD Charts?

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