XAUUSD Order Types

There are different types of xauusd orders which a trader can use to trade in XAUUSD.

Basic definitions of the commonly used types of gold trade orders:

Types of XAUUSD Instant Market Execution MT4 Gold Orders and XAUUSD Pending Orders

Market Execution MT4 Meaning

Instant Market Execution MT4 Gold Order - This is the most basic type of xauusd order, Instant Market Execution MT4 XAUUSD Order is used to buy or sell at the current ask or bid xauusd quote gold price. Instant Market Execution MT4 XAUUSD Order refers to a xauusd order executed at the quoted gold price which pops up on your gold trading software.

This type of xauusd order - Instant Market Execution MT4 Gold Order - is used for buying or selling according to the current price quotation in the xauusd market and the execution of this market order is instant. The minute you want to enter a xauusd trade position you can buy & sell the gold at a click of a button key using a market order - Instant Market Execution MT4 Gold Order.

Trading Gold Set Instant Market Execution MT4 Gold Order in MT4 XAUUSD Trading Software

How to Set Instant Market Execution MT4 Gold Order on MetaTrader 4

How to Set New Order on Tools Menu on MT4

To set new Instant Market Execution MT4 XAUUSD Order to buy or sell a trade can be found on the MT4 tools menu that is found in the MT4 Platform. Button key for placing a new xauusd trade order is shown below. (Short-Cut Key board Keys "F9")

How to Set New Instant Market Execution MT4 Gold Order - in Tools Menu on MetaTrader 4

Placing a New Instant Market Execution MT4 Gold Order

As a xauusd trader, once you select the new order button as illustrated above the following popup window will appear. This pop up includes the settings for placing a new trade - Instant Market Execution MT4 Gold Order.

Placing a New Gold Order - Instant Market Execution MT4 Gold Order - How to Place Market Execution MT4 Gold Orders in MetaTrader 4