The pending order (also known as a pending order) is used when the order is proceeded at a different price from the current price as the trader looks forward to the trend of forex and CFDs in the future. The pending command includes the following types of commands:
The Limit command is the type of command used for the reverse transaction method.
Buy limit: Pending order is below the current price.
Sell limit: A pending order to sell at a price above the current price.
The Stop order is the type of command used for the transactional method of breaking.
Buy Stop: Pending order to buy at price above the current price.
Sell Stop: Pending order to sell at below current price.
When the market fluctuates, the Stop orders will be matched at the market price or open price when the Gap appears.