How to Set Buy Stop Indices Order and Sell Stop Indices Order after a Consolidation Indices Chart Pattern

These stop stock indices orders are stock indices orders to buy above the stock indices trading market or to sell below the stock indices trading market.

• Buy Stop Indices OrderAn order to buy at a level above the stock indices trading market indices price.

• Sell Stop Indices OrderAn order to sell at a level below the stock indices trading market indices price.

How to Set Buy Stop Indices Order and Sell Stop Indices Order after a Consolidation Indices Chart Pattern

These stop stock indices orders are used by traders wanting to trade a setup like the consolidation stock indices chart pattern but they do not want to wait and watch the indices prices all day long until there is a indices price breakout.

Therefore, traders will set these pending stop stock indices orders above and below the current stock indices price and a indices price breakout in any of these direction will execute one of these stop stock indices orders and a buy indices trade or a sell indices trade will automatically be opened.