Pending Orders - are different positions traders open when they want to begin trading in the FOREX market.  

4 Types of Pending Orders 

• Market execution - these orders allow the trader to buy and sell at market value or set up for trade in the future that they felt like they're gonna be profitable.

• Is entering a trade at the current market price

• Buying and selling by execution is selling instantly at the current price

• Sell limit - is where you place a sell order at a specific future price; trade will activate when the price hit this area 

• Buy limit

• Buy Stop

• Sell Stop