When do you place your pending orders | Forex Factory

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When do you place your pending orders

  • #1
  • First Post: Sep 26, 2017 4:56pm Sep 26, 2017 4:56pm
Hey Everyone,

Just wondering if you guys have a preference on when you place your pending orders in the market?

- does time of day matter to you?
- do you place your orders before session openings?
- or you simply don't care?

Thanks
Believe in Yourself- Be true to yourself!
  • #2
  • Sep 26, 2017 10:19pm Sep 26, 2017 10:19pm
Quoting justfx87
Hey Everyone, Just wondering if you guys have a preference on when you place your pending orders in the market? - does time of day matter to you? - do you place your orders before session openings? - or you simply don't care? Thanks
None of the above. Approx' 90% of my trades are triggered by pending orders. Placed in a position which if triggered confirms the direction.
Conventional trading is for losers
  • #3
  • Sep 26, 2017 11:49pm Sep 26, 2017 11:49pm
For me, nothing matters rather than my strategy and analysis. I always focus on my strategy work and try to get the right trade.
  • #4
  • Sep 27, 2017 12:21am Sep 27, 2017 12:21am
Interesting question but for my strategies I place at market trades only at any time when the triggers occur. Some time in the future I intend analysing the transaction points to see if any further optimisation can occur. So to answer your questions: 1: no it doesn't, 2: sometimes 3: hey we all care! lol
  • #5
  • Sep 29, 2017 6:54am Sep 29, 2017 6:54am
Quoting Ralffe
{quote} None of the above. Approx' 90% of my trades are triggered by pending orders. Placed in a position which if triggered confirms the direction.

Thanks for the answer!
Believe in Yourself- Be true to yourself!
  • #6
  • Sep 29, 2017 6:55am Sep 29, 2017 6:55am
Quoting Butterscotch
For me, nothing matters rather than my strategy and analysis. I always focus on my strategy work and try to get the right trade.

Thanks for replying!
Believe in Yourself- Be true to yourself!
  • #7
  • Sep 29, 2017 6:56am Sep 29, 2017 6:56am
Quoting Fxqu
Interesting question but for my strategies I place at market trades only at any time when the triggers occur. Some time in the future I intend analysing the transaction points to see if any further optimisation can occur. So to answer your questions: 1: no it doesn't, 2: sometimes 3: hey we all care! lol

LOL! Thanks for the time you have taken to respond.
Believe in Yourself- Be true to yourself!
  • #8
  • Oct 19, 2017 4:26am Oct 19, 2017 4:26am
Usually, when I am unable to spend live time here only then I use pending order strategy! It really helps me to use my missing trade opportunity! By the way, I like to spend here long-long session!
  • #9
  • Oct 19, 2017 5:45am Oct 19, 2017 5:45am
Quoting justfx87
Hey Everyone, Just wondering if you guys have a preference on when you place your pending orders in the market? - does time of day matter to you? - do you place your orders before session openings? - or you simply don't care? Thanks
I put my pending orders regardless of the time of day or the session. I use the tactics of arranging pending orders close to significant levels in the market. Usually, the directed movement of the market begins when price breaks through or rebound from the levels. It is this fact that I use to my benefit.
Point of view is a common opinion, passed through the prism of experience
  • #10
  • Last Post: Jul 4, 2018 11:47am Jul 4, 2018 11:47am
Quoting Kyg
{quote} I put my pending orders regardless of the time of day or the session. I use the tactics of arranging pending orders close to significant levels in the market. Usually, the directed movement of the market begins when price breaks through or rebound from the levels. It is this fact that I use to my benefit.
For some reason, I missed the alert for this. Thanks for taking the time to reply.
Believe in Yourself- Be true to yourself!
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