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Order
Order is a command to execute a certain operation in the account. The types of orders vary, depending on the market and the instrument. Moreover, different brokers offer different sets of available order types. These sets may include (espec...
Take Profit order
Take profit is meant for closing a position as soon as the price of a financial instrument starts moving in the right direction. The order is always connected with a specific open position or a pending order.
Failed signal
It is necessary to take into consideration that the price consists of two components – Bid price and Ask price.Bid price is displayed on the chart.Sell order is opened at Bid price and closed at Ask price.Buy order is opened at Ask price an...
