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Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated: 1 00:03:43,283 --> 00:03:45,923 can be useful sometimes and we'll see how they are. I'll 2 00:04:11,903 --> 00:04:15,703 can trade on. Um this is quite an interesting topic and 3 00:04:07,623 --> 00:04:09,583 sweet video. In the next one we're going to talk about 4 00:04:09,583 --> 00:04:11,903 different trading styles and different time frames that we 5 00:03:29,643 --> 00:03:32,403 orders because they do come with risk of just getting 6 00:03:45,923 --> 00:03:48,403 show you some examples of when we can use buy and sell stops, 7 00:03:48,403 --> 00:03:51,443 buy and sell limits. Well, probably not these, I don't use 8 00:03:24,523 --> 00:03:26,563 money so that's actually why I like to use the manual 9 00:03:51,443 --> 00:03:54,603 these. But these ones, I will certainly show some examples 10 00:03:40,723 --> 00:03:43,283 way. You need to see confirmation, okay? So these 11 00:02:42,103 --> 00:02:44,543 trade buy or sell stops. I don't really see the use in 12 00:03:03,703 --> 00:03:06,443 beneath price and if pushes through the level then we 13 00:03:59,163 --> 00:04:01,403 worry, but these are the different auto types for you to 14 00:03:19,123 --> 00:03:22,443 and we will lose now on the sell stop we trigger the sell 15 00:02:15,663 --> 00:02:18,823 limit at an area above price where we are looking for price 16 00:02:34,743 --> 00:02:38,943 one is buy, one is to sell. Now, a buy stop and a sell stop 17 00:03:09,323 --> 00:03:13,603 level now same kind of risk here if we have a buy stop and 18 00:03:13,603 --> 00:03:16,883 the price comes up and forms this kind of movement then we 19 00:04:25,543 --> 00:04:28,343 point at least. Um ready for us to actually move into the 20 00:04:28,343 --> 00:04:31,383 course and begin learning how to trade these markets. So 21 00:02:48,943 --> 00:02:52,183 a trade. A buy trade when price pushes through that level. So, 22 00:04:20,303 --> 00:04:22,943 hopefully you're enjoying the Forex fundamentals so far. 23 00:02:52,183 --> 00:02:55,263 if we set this, say above price and then price comes and taps 24 00:04:22,943 --> 00:04:25,543 Hopefully you've learned the basics of the market to this 25 00:02:57,463 --> 00:03:00,343 then if price continues going, we'll profit from that move. 26 00:01:47,963 --> 00:01:50,643 drop which means that if you have a buy limit set at this 27 00:02:21,583 --> 00:02:24,423 triggered in there and we profit from this price fall 28 00:03:26,563 --> 00:03:29,643 execution the market execution method more than these pending 29 00:02:05,703 --> 00:02:08,303 price comes down taps a level that we set and if it taps that 30 00:02:01,743 --> 00:02:05,703 but it does improve our accuracy so that is a buy limit 31 00:01:19,903 --> 00:01:22,423 it won't, we're not looking for it to bounce. We are looking 32 00:03:37,843 --> 00:03:40,723 you don't want to buy a level for the price to then just fall 33 00:03:34,883 --> 00:03:37,843 want to buy a level for it to just fall straight through same 34 00:01:04,183 --> 00:01:06,503 are two different types of pending order. There are buy 35 00:01:45,323 --> 00:01:47,963 a little bit risky because we are essentially buying into a 36 00:03:00,343 --> 00:03:03,703 Now, the flip side of that is a sell stop where we put it 37 00:01:00,023 --> 00:01:04,183 So, the other ways to trade are via pending orders and there 38 00:01:29,803 --> 00:01:34,843 graphics of that so buy limits when price comes down we have 39 00:04:17,983 --> 00:04:20,303 be done and ready to actually get into the course. So 40 00:03:06,443 --> 00:03:09,323 profit from all of the movement that happens past the sell stop 41 00:03:57,163 --> 00:03:59,163 of this you're going to learn throughout the course, so don't 42 00:04:01,403 --> 00:04:07,623 just get familiar with and get to know. So nice and short and 43 00:02:11,063 --> 00:02:15,663 move up the sell limit is the flip side of that we set a sell 44 00:02:24,423 --> 00:02:28,023 however the same risk stands where if price comes up and 45 00:04:15,703 --> 00:04:17,983 something we'll definitely dig into and then we'll pretty much 46 00:00:38,063 --> 00:00:41,343 the time. Um some people actually do use the others, the 47 00:01:55,803 --> 00:01:59,103 to use the manual execution because we can see is the 48 00:00:48,543 --> 00:00:50,863 make sure we don't get into losing trades because we can 49 00:02:38,943 --> 00:02:42,103 are generally used for breakout trades. Now, I never actually 50 00:01:06,503 --> 00:01:09,583 and sell limits. This is a market order that we can set 51 00:03:54,603 --> 00:03:57,163 of, but generally we will be looking to market execute. All 52 00:03:22,443 --> 00:03:24,523 stop and then if price moves back up we are going to lose 53 00:03:16,883 --> 00:03:19,123 are going to get triggered into a buy and then price will fall 54 00:03:32,403 --> 00:03:34,883 tapped in and then getting wiped out you know you don't 55 00:01:42,123 --> 00:01:45,323 at levels where we expect the market to reverse now they are 56 00:01:50,643 --> 00:01:53,323 level and the market came down and just went straight through 57 00:00:57,023 --> 00:01:00,023 orders can be very useful and can get some pinpoint trades. 58 00:01:22,423 --> 00:01:26,203 for price to pass through this level. So, some then because it 59 00:01:39,523 --> 00:01:42,123 buy trade and then for price to continue back up so we do this 60 00:00:45,783 --> 00:00:48,543 think market execution is the most accurate way to actually 61 00:00:52,983 --> 00:00:57,023 wanted to do. But sometimes there are times where the other 62 00:02:55,263 --> 00:02:57,463 that level, we will be triggered into a buy, okay? And 63 00:02:44,543 --> 00:02:48,943 them because of the way that I trade. A buy stop will trigger 64 00:01:09,583 --> 00:01:12,543 and forget and price will trigger us into a trade when it 65 00:02:32,903 --> 00:02:34,743 a sell limit they're essentially the same thing but 66 00:00:30,863 --> 00:00:34,303 click a buy or sell button to trigger a trade on a currency 67 00:00:24,023 --> 00:00:27,823 and buy and sell stops. So market execution is where we 68 00:02:18,823 --> 00:02:21,583 to tap into before coming down so if this happens we're 69 00:02:30,303 --> 00:02:32,903 trade and then we will lose okay so that's a buy limit and 70 00:02:28,023 --> 00:02:30,303 just go straight through it we'll be triggered into a sell 71 00:02:08,303 --> 00:02:11,063 level we are triggered into a buy hoping to then continue the 72 00:00:34,303 --> 00:00:38,063 pair in real time. So that is the way that I trade most of 73 00:00:41,343 --> 00:00:45,783 orders, though the pending orders more so. Uh I personally 74 00:00:19,663 --> 00:00:24,023 trade are via market executions, buy and sell limits 75 00:01:59,103 --> 00:02:01,743 market turning over and yet we'll get in a little bit later 76 00:00:27,823 --> 00:00:30,863 actually manually execute a trade. It's where we physically 77 00:00:15,323 --> 00:00:19,663 actually enter the market. The different ways we can actually 78 00:01:37,243 --> 00:01:39,523 for price to tap that level which will trigger us into a 79 00:01:53,323 --> 00:01:55,803 it you're going to lose okay so this is why I actually prefer 80 00:01:26,203 --> 00:01:29,803 might be a little bit confusing right now here are some little 81 00:01:17,143 --> 00:01:19,903 sell stop and this is essentially the same. However, 82 00:01:34,843 --> 00:01:37,243 an order set at this level okay and what we're looking for is 83 00:01:12,543 --> 00:01:17,143 bounces from a preset level. Now, the other side is a buy or 84 00:00:50,863 --> 00:00:52,983 wait and see if the market is really going to do what we 85 00:00:13,123 --> 00:00:15,323 types. Now there are a few different ways that we can 86 00:04:31,383 --> 00:04:35,303 thanks for watching and I'll see you in the next video. 87 00:00:10,103 --> 00:00:13,123 So in this video we're going to talk about different order 8143

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