What is Buy Limit and Sell Limit in Forex ? How to Use Buy Limit and Sell Limit in mt4, mt5 and mql

what is buy limit and sell limit and how to use it in mt4.As the name suggests buy limit and sell limit falls under the limit order category. A buy limit is a type of order in which you order your broker that you want to open a buy trade when the price reaches your desired or mentioned price level. And, A sell limit is a type of order in which you order your broker to open a sell trade when the price reaches your desired or mentioned level. 00:00 - What is Buy Limit and Sell Limit in Forex 01:32 - How to Use Buy Limit and Sell Limit in mt4 03:00 - How to Use Buy Limit and Sell Limit in mt4 mobile. Note, to enter a buy limit the current price should be above your desired level. To enter a sell limit, the price should be below your desired level. These types of orders very important when you don&have enough time to look at charts throughout the day and want to open a trade at the desired level through your analysis. For example, Let&say you did your analysis on Usd/Jpy and found that 106.720 level would be a good buy for you. So, if you don&have enough time to watch the price till it moves to your level so that you can enter a trade there. You can directly enter a buy limit at 106.720 from your mt4 trading platform. And the trade will automatically open when the price reaches your desired level. Let&see how you use or place a buy and sell limit on mt4 trading platform. To open a limit order on mt4 trading platform right click on the chart, now go to trading and...