What's Difference between Stop Orders & Limit Orders in Forex?

How to Differentiate Between stop Forex Orders & Limit FX Trading Orders

Stop orders are set to buy above or to sell below current market price

Limit orders are set to buy or sell at a better price after a price retracement.

It is easier to first of all remember one concept. The easier concept is that of Stop Orders - Stop Orders are set above & below the current market price.

To learn how to set up these pending orders read the articles:

· Setting up Buy Limit and Sell Limit on MetaTrader 4

· Setting up Buy Stop and Sell Stop on MetaTrader 4

What is the Difference between Stop Orders & Limit Orders in Forex?