Indices Buy Stop Order Definition
Stop Orders: Buy Stop Order
A Buy Stop Order is a pending stock order to buy a indices after the stock price rises to the set buy stop stock price quote area.
The buy stop trading order is always set to buy above existing stock market price.
Buy Stop
In the trading examples below a buy stop order was placed to buy at a price level above the current stock market price.
The stock price pair then went up to hit the pending buy stop, and afterward stock price continued to move in an upward market direction.
Indices Buy Stop Trade Order Explanation - Buy Stop
The buy stop trading order is also used to set a pending trading order when there is a consolidation stock chart pattern. The Buy stop order is used to set a pending buy order just above the consolidation stock chart pattern as shown on the example explained and illustrated below so that if there is a price break-out upwards after the consolidation stock pattern setup then a new buy order is opened by the buy stop trading order - once the buy stop stock price quote level set is reached.
Indices Buy Stop Trade Order Explanation - Buy Stop Order on Quote
A Buy trade transaction was opened from the above buy stop pending order when the stock price broke a resistance area in the first example & when there was an upward stock price break-out after a consolidation stock chart pattern on the second buy stop pending order example.
Indices Buy Stop Order Meaning - Stock Indices Buy Stop Order Meaning - Buy Stop Order - Buy Stop Order on Quote
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