Hello! (I apologize for my English, I use Google Translator). I have been trading relatively recently, but I have a question. What are FX orders? I do not mean their types, why they are needed and how to put them correctly, I am interested in how the market reacts to them. So, let's say I put a buy order and stop loss to it and suppose the price broke through it. My stop loss then becomes a kick order? To buy or to sell? The same thing with take profit.
In short, I am interested in the mechanics of the market. How it works and reacts to various types of orders. In order not to spend a lot of time on me, you can just say where to look for such information. Books, articles. Thanks in advance!
In short, I am interested in the mechanics of the market. How it works and reacts to various types of orders. In order not to spend a lot of time on me, you can just say where to look for such information. Books, articles. Thanks in advance!