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 order is always set to open a buy above current stock market price.
Buy Stop
In the trading illustrations below a buy stop order was set to open a buy trade at a price level above the current stock market price.
The price 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 & displayed on the illustration explained & illustrated and shown 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 and attained.
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 illustration & 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 - Indices Buy Stop Order Meaning - Buy Stop Order - Buy Stop Order on Quote
Get More Tutorials & Topics:
- How Can I Count Pips in US500?
- How Can I Find US 500 in MT5 iPad App?
- How to Add Momentum Indicator on Stock Indices Chart in MT4 Software Platform
- Bollinger Bands Bulge vs Bollinger Bands Squeeze
- What is NETH 25 Trade Strategy?
- How to Add Trade Moving Average Moving Average MA Envelope Trading Indicator on Trading Chart
- NKY 225 Strategy How to Make Stock Indices Trading Strategy for NKY225 Tutorial
- How Stochastic Technical Indicator Works
- How to Add S&P500 in MT4 Android App
- Where Can You Find SPAIN35 on MT4 Software Platform?