Sell StopOrder Definition

A Sell Stop Order is an order to sell a gold after price rises to the set sell stop price level.

The sell stop order is always set to sell below the current market price.

Sell Stop

In the examples below a sell stop pending was set to sell at a level below the ruling market price.

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

Sell Stop Order - Sell Stop Order Example - How to Interpret Buy Stop Order and Sell Stop Order

Setting Sell Stopbelow the Resistance Area - Sell StopOrder Meaning

The sell stop order is also used to set a pending order when there a consolidation pattern setup on a chart. The sell stop order is used to set a sell order just below the consolidation chart pattern as displayed on the example illustrated and explained below so that if there's a price breakout downwards after the consolidation pattern then a new sell order is opened by the pending sell stop order - once the sell stop price set is reached.

Sell Stop Order Example - How to Analyze the Difference between Sell Limit Trade Order and Sell Stop Trade Order

Setting Sell Stop Order in a Price Breakout - How to Set A Sell Stop Order in Gold Trading

A Sell trade was opened from the above pending sell stop when the price broke a support level in the first example and when there was a downwards price break-out after a consolidation chart setup on the second sell stop order examples.

Study More Lessons and Tutorials:

Trade Gold Trading

Sell StopOrder Definition

Sell Stop