Market Orders in Gold Trading

There are different types of gold orders that a gold trader can use to trade in Gold.

Basic definitions/explanations of the often used types of trading orders:

Types of Market Orders & Pending Orders

Market Execution Order

Market Execution Order - This the most basic type of gold order, market execution order is used to buy or sell at the current ask or bid gold trading quote price. Market Execution Order refers to a order executed at the quoted market price which appears on your trading software.

This type of order - market execution order - is used for opening buy or opening sell according to current exchange rate quotation in market & the execution is instant. Minutes you want to enter a trade you can buy & sell gold at a click of a button using a market order - Market Execution Order.

How Do You Set Market Execution Order in the MT4?

How to Set Market Execution Order on MetaTrader 4 Platform Software

How to Put New Order on Tools Menu on MT4 Platform

To set new Market Execution Order to buy or sell a trade can be found on MT4 tools menu within MetaTrader 4 Platform. The Button for opening a new order is illustrated and shown below. (Key Board ShortCut Keys 'F9')

How to Put New Market Execution Order - in Tools Menu in the MT4 Platform

Placing a New Market Execution Order

As a xauusd trader, once you choose the new trade order button option like displayed above following popup panel window will appear. This popup includes the settings for registering and opening a new trade - Market Execution Order.

Setting a New Order - Market Execution Order - How to Add Gold Orders in MT4 Platform

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