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Rookie Report on filling out a Pending Order

Rookie Report on filling out a Pending Order . You should have your “Trading Plan” completed before opening an Order Window. How to open the Order Window. Right click on the body of the chart to bring up the menu. Put your cursor on the “Trading” choice to bring up a sub-menu.

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Rookie Report on filling out a Pending Order

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  1. Rookie Report on filling out a Pending Order

  2. You should have your “Trading Plan” completed before opening an Order Window.

  3. How to open the Order Window • Right click on the body of the chart to bring up the menu. • Put your cursor on the “Trading” choice to bring up a sub-menu. • Left click on “New Order” to open the Order Window. • F9 is a short cut to the Order Window.

  4. The Order Window that opens is pair specific.

  5. Fill out the Order Window according to your “trading plan”.

  6. Stop Loss

  7. Take Profit

  8. Choose “Pending Order”

  9. Choose “Buy Stop” or “Sell Stop”

  10. Entry Price

  11. Double Check to avoid mistakes • Before you “Place” the order, Stop!! • Use your trading plan to double check each of the values on the Order Window you just filled out so as to avoid mistakes.

  12. Place the order

  13. Check your Trade before clicking OK

  14. When the “Place” button was clicked the order is completed • Don’t be confused by the second window that comes up with the OK and Print button on it. • That second window is simply a confirmation window that you can print out if you want to. • Your order is in the market when you click the “Place” button and the confirmation window shows up.

  15. There you have it!! • I will post this as a file on the NBL web page for you. • See you on the Beach!!!

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