What's the Difference between Sell Limit Order & Buy Stop Order?

What is Sell Limit?

A sell limit pending order is an order to sell xau/usd at a better price after price has retraced upwards from its current zone.

A sell limit pending order is an order to sell after the market price retraces upwards within a downward trend.

A sell limit pending order is only executed when prices moves upwards and retraces to the set sell limit zone.

Entry Limit Orders: Sell Entry Limit

Sell Limitdefinition - Entry sell limit is an order to sell gold at a certain gold trading price that is a retracement level where the price is predicted to retracement to before resuming the original trend.

Traders use the sell limit pending orders to open a sell trade at a better market price. These types of sell limit orders are provided for in most of the online trading softwares, for our examples we will use MetaTrader 4 software.

An entry sell limit order of this type can be used to open a sell above market level (pullback in a down market trend).

Sell limit - When selling, your entry sell limit order is executed/opened when the price rises to price that you set. ( price retraces up )

Entry orders are placed by online traders when they expect price to retracement downward after getting to this level.

Entry Sell Limitsell at a price point above present market level.

What's Sell Limit Order Example?

In the examples illustrated and shown & described below a sell limit order was set to open a sell at a price point above the present market price. This is the level for price retracement.

What is Sell Stop Order and Sell Limit Trade Order?

Sell Limit Order Placed to Sell above the Current Market Price

The price then rallied, moved upto hit the sell entry limit, and afterwards trading price continued to move downwards in direction of the initial downward trend.

How to Interpret/Analyze Limit Orders Buy Limit Order and Sell Limit

Gold Price Hits the Sell Limit Order - Order now Changes into a Sell order

When gold trading price got to the set sell limit pending order level the sell limit pending order changed into a sell order, this is therefore a good technique to sell at a better price after a price retracement.

What is Buy Stop ?

What Does Buy Stop Order Mean?

A Buy Stop Order is an order to buy xauusd after price rises to the set buy stop price level.

The buy stop order is always set to open a buy above the current market prices.

What's Buy Stop Order Example?

In the illustrations described and shown below a buy stop order was set to open a buy at a price point above present price.

The price of the trading instrument then went up to hit the buy stop order, & afterward price continued to move upwards.

What's Difference in XAUUSD Trade between Sell Limit Order and Buy Limit ?

Setting Buy Stop Order above Resistance Level - What's Buy Stop Order?

Buy stop order is also used to set a pending order when there's a consolidation setup pattern on a chart. Buy stop order is used to set a buy trade order just above the consolidation pattern as shown below so that if there a trading price break out upwards after the consolidation pattern then a new buy order is opened - by buy stop order once the buy stop price set is reached and attained.

Buy Limit vs Buy Stop Pending Order

Setting Buy Stop Order in a Break out

A Buy trade signal was derived and generated from the above buy stop order when price broke a resistance area in the first examples and when there was an upwards price break-out after a market consolidation setup on the second buy stop order illustration.

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