Tested Forex Strategies

Having satisfied your entry conditions, your initial order would be your entry order, sometimes called the primary order, it is the order used to enter the trade.
Next is your limit order, profit taking order, or as I say the fun order, this is where you are take your profits out of the market.
Finally we have the stop loss order which is used to limit your losses. A traders golden rule “no cash no trading”, a stop loss is very important.