Forex glossary

Limit order in Forex

A clear definition of Limit order, with practical context for reading markets and making better trading decisions.

Level 2 · From Prices to PracticeOrders & execution

Definition

An instruction to buy at a chosen price or lower, or sell at a chosen price or higher. It gives price control but may never fill.

A buy limit below the current EUR/USD price waits for a pullback to your chosen level.

Understanding Limit order helps traders interpret market information, plan decisions, and manage risk with more context.

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