How to Set Buy Stop Indices Order and Sell Stop Indices Order after a Consolidation Chart Pattern

These stop stock indices orders are stock indices trade orders to buy above the stock indices trading market or to sell below the stock indices trading market.

• Buy Stop Stock Indices OrderAn order to buy at a level above the stock indices trading market indices trading price.

• Sell Stop Indices OrderAn order to sell at a level below the stock indices trading market indices trading price.

How to Set Buy Stop Indices Order and Sell Stop Indices Order after a Consolidation Chart Pattern

These stop stock indices orders are used by traders wanting to trade a setup like consolidation stock indices chart pattern but they do not want to wait & watch the indices trading prices all day long until there is a indices price breakout.

Therefore, traders will set these pending stop stock indices orders above & below current stock indices price & a indices trading price breakout in any of these direction will execute one of these stop stock indices orders and a buy indices trade or a sell index trading will automatically be opened & executed.