pending orders

Hello mate,
              please let us discuss, this issue here in the forum for the benefit of all of us, the issue of the  expiry date in the placing of pending orders, please say whatever you know as per its importance in our pending orders, thanks so much.

Dear friends, according to my experience when using pending orders, pending orders are one way for us to open positions, according to me, pending orders need further learning in order to get consistent profits.

By using this Pending Order, you do not have to monitor price movements continuously to wait for trading signals. However, this method is only used if you are targeting a breakout condition at a resistance or support level.

in trading we can take advantage of the pending order facility to trade when we are doing other things, that's one of the advantages of forex trading

there are many advantages if we use pending orders, one of which is when we are busy doing other work then we can use pending orders to do our work so we no longer need to observe what is called Open positions manually

For the use of TP or SL to use Buy Stop or Sell Stop, you can adjust it, if you usually use a buystop you can use TP or SL depending on the style of the trader. But for the buystop or sellstop itself, it is used if it is estimated where the price will lead on that day so when on that day the price goes up, we have installed the buystop, the buystop will automatically be touched.

You should use pending orders when you want to open a position in any timeframe because when you use a direct open position, what I'm afraid of is scalping. It would be nice if you use pending orders for a longer period of time

trading forex, I prefer to make pending orders, because it is more flexible and fits perfectly with my trading strategy

Pending orders have the opposite advantage to instant orders. We can maximize lots because pending orders are placed where an entry zone is located. With included SL at once to limit losses. And this has been measured from the first time deciding to place a pending order. The risk can also be measured before the trade is executed. This is the type of buy limit or sell limit.