Buy Stop Indices Order Example
Buy Stop Indices Order Meaning
A indices buy Stop order is an order to buy a indices after the stock indices price rises to the set buy stop stock indices price level.
The buy stop indices order is always set to buy above the existing stock indices market price.
Buy Stop Indices Order
In the indices trading examples below pending buy stop indices order was used to buy at a level above the current stock indices market price.
The stock indices price pair then went up to hit the indices buy stop trading order, and afterwards stock indices price continued to move upwards.
Buy Stop Indices Order Meaning - Buy Stop Indices Order Definition
The indices buy stop trading order is also used to set a pending indices order when there is a consolidation stock indices chart pattern on a stock indices chart. The buy stop indices order is used to set a buy order just above the indices consolidation stock indices chart pattern as shown on the indices example explained and illustrated below so that if there is a indices price breakout upwards after the consolidation stock indices chart pattern then a new buy order is opened by the pending buy stop indices order - once the buy stop stock indices price set is reached.
How to Set a Buy Stop Stock Indices Order in Indices Trading Breakout - Buy Stop Indices Order Example
A Buy indices trade was opened from the above indices pending buy stop indices order when the stock indices price broke a resistance level in the first indices example and when there was an upward stock indices price breakout after a indices consolidation stock indices chart pattern on the second buy stop indices order indices example.