XAUUSD Order Types
There are different types of gold orders which a trader can use to trade in Gold.
Basic definitions of the oftenly used types of xauusd trade orders:
Types of Gold Trading Instant Market Execution MT4 Gold Orders and Pending Gold Orders
Instant Market Execution MT4 Gold Order
Instant Market Execution MT4 XAUUSD Order - This is the most basic type of gold order, Instant Market Execution MT4 Gold Order is used to buy or sell at the current ask or bid gold trading quote xauusd price. Instant Market Execution MT4 Gold Order refers to a gold order executed at the quoted xauusd price that appears on your gold trading platform.
This type of xauusd order - Instant Market Execution MT4 XAUUSD Order - is used for buying or selling according to the current price quotation in the xauusd market and the execution of this market order is instant. The minute you want to enter a gold trade position you can buy & sell gold at a click of a button using a market order - Instant Market Execution MT4 Gold Order.
How Do I Set Instant Market Execution MT4 Gold Order in MT4 Software?
How to Set Instant Market Execution MT4 XAUUSD Order on MT4
How to Set New Order in Tools Menu on MT4
To set new Instant Market Execution MT4 Gold Order to buy or sell a trade can be found on MT4 tools menu within the MT4 Platform. The Button key for placing a new gold trade order is illustrated below. (Key board Short-Cut Keys 'F9')
How to Set New Instant Market Execution MT4 XAUUSD Order - in Tools Menu in MetaTrader 4 - Market Execution MT4 Meaning
Placing a New Instant Market Execution MT4 Gold Order
As a gold trader, once you select the new order button as illustrated and illustrated above following pop-up window will appear. This pop up includes the settings for placing a new trade - Instant Market Execution MT4 Gold Order.
Placing a New XAUUSD Order - Instant Market Execution MT4 XAUUSD Order - How to Place Market Execution MT4 Gold Orders in MT4