Pending order

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    What is a pending order?

    A pending order is an order that was not yet executed, thus not yet becoming a trade. It can, for example, be an order that states that you do not want to buy before the price of a financial instrument reaches a certain point.

    In our forex beginner strategy, you enter the pending order in the 3rd step:

    Also see:

    Pending orders in MetaTrader 4

    Read more about pending orders MetaTrader 4, the most popular trading software: