How Do You Interpret the Difference between Sell Stop Order and Buy Stop Order?
How to Analyze the Difference between Sell Stop XAUUSD Order and Buy Stop XAUUSD Order
What Does Sell StopMean?
A Sell Stop Order is an order to sell a gold after price rises to the set sell stop price region.
The sell stop pending is always set to sell below the ruling prices.
What's Sell Stop XAUUSD Order Example?
In the examples explained and shown below a sell stop pending order was put to sell at a level below prevailing market price.
The price of the gold then headed downward to hit the sell stop, & afterward price continued to move in a downwards direction.
Setting Sell Stopbelow Resistance Area - What is Sell Stop ?
Sell stop order also is used to set a pending order when there is a consolidation setup on a trading chart. The Sell stop is used to set a sell order just below consolidation pattern as shown below so that if there is a price break-out downwards after the consolidation setup then a new sell order is opened - by sell stop once sell stop price which's set is attained.
Setting Sell Stop Order in a Break-out - Sell Stop Order Definition and Trading Example
A Sell trade was generated from the above sell stop pending order when price broke a support area in the first examples and when there was a downward price break-out after a market consolidation pattern on the second sell stop pending order examples.
What's Buy Stop?
What Does Buy Stop XAUUSD Order Mean?
A Buy Stop Order is an order to buy a gold after price rises to the set buy stop price region.
The buy stop order is always set to buy above existing market prices.
What's Buy Stop Order Example?
In the examples explained & illustrated below a buy stop pending order was placed to buy at a level above ruling price.
The price of the gold then headed upward to hit the buy stop, & afterward price continued to move upwards.
Setting Buy Stopabove Resistance Area - What is Buy Stop ?
The buy stop also is used to set pending order when there is a consolidation setup on a chart. The Buy stop is used to set a buy order just above consolidation pattern as shown below so that if there is a price break-out upward after the consolidation setup then a new buy order is opened - by buy stop order once the buy stop price which's set is attained.
Setting Buy Stop Order in a Break-out - Buy Stop Order Definition and Trading Example
A Buy trade was generated from the above buy stop when the price broke a resistance zone in first example and when there was an upwards price break-out after a market consolidation pattern on the second buy stop pending order example.
How Do I Read the Difference between Sell Stop Order and Buy Stop
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