Entry Stop Trading Orders

These are orders to buy above the market or to sell below the market.

• Buy Stop Trading Order An order to buy at a point above the price.

• Sell Stop Energy Trading Order An order to sell at a point below the price.

Buy Entry and Sell Entry Trading Orders

These orders are also known as pending orders. These pending orders are used by traders wanting to trade a set-up like consolidation pattern but they don't want to wait & watch the prices all day long until there is a price breakout. Therefore, traders will set these pending orders above & below the price & a price breakout in any of these direction will open one of these pending orders & a buy trade or a sell trade will automatically be opened.

Buy Stop Trading Order

In the examples below a buy stop order was placed to buy at a level above the current market price.

The price then went up to hit the buy stop order, and afterwards price continued to move up-wardupwards.

Setting Buy Stop Trading Order above Resistance Level - How to Place a Pending Trading Order Buy Stop Order on MT4 Platform

Setting Buy Stop Trading Order in a Energies Breakout - How to Place a Pending Trading Order Buy Stop Order on MT4 Platform

A Buy trade was generated from the above order when the price broke a resistance line in the first example and when there was an upward price breakout after a market consolidation pattern.

Sell Stop Energy Order

In the example illustrated and explained below a sell stop order was placed to sell at a level below the current market price.

The price then went down to hit the sell stop order, and afterwards the downwards price move continued

Setting a Sell Stop Trading Order Below a Support Level

Pending Sell Order Set in a Trading Price Breakout

A Sell trade was generated from the above sell stop order after support line is broken after a consolidation trading pattern.

How to differentiate between stop Energy orders & limit orders

It's easier to first of all remember one concept. The easier concept is that of Stop Trading Orders are set above and below the price.

In the mean time Download MT4 platform & practice setting these orders on a Practice Demo Account.

Setting Buy & Sell Stop Energy Trading Orders on Meta Trader 4 Trading Software

Open a Trading Energies Trading Chart, Right Click on the Chart, Choose New Order, then Follow the steps below

Step1: Select Pending market order as shown and illustrated below

Step2: Choose Pending order Menu as Show below

Step3: Choose Buy Stop Trading Order or Sell Stop Trading Order

Step4: Click "Place" Order

Steps to Setting These Pending Orders on Meta Trader 4 Trading Software - How to Place a Pending Order in MT4 Platform