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Order Types At all times trader may execute a new trade where it is made possible for the trader to choose between variations of existing Order Types and Trade Actions:
Market Order – Buy Market Order – Sell Entry Limit Order – Buy Entry Limit Order – Sell Entry Stop Order – Buy Entry Stop Order – Sell
NEW ORDER MENU Market OrderMarket Order function executes the trade at the current market price. In order to execute the trade, please perform the following: • In the Rates screen navigate towards an Instrument (Currency) you would like to trade and simply press Place Order. DEALING RATES SCREEN • Once selected, you will be prompted to choose the trading action from the New Order screen. • Scroll to preferred action. • Using the phone selection key press Select to confirm. • Scroll to the required type of Order and Trade Action. • Using phone selection key press Select to confirm this action • Once confirmed you will be redirected to the Market Order screen MARKET ORDER SCREEN Displayed Fields:
Buy / Sell: Specifies Instrument’s trading actions Base Instrument: Account base currency Price: Current price Account: Number of the account Lot: Traders enter the number of lots / mini lots Trader Range: Trader's range Hedge: Hedge option Yes/No
• Using the 4-way navigation keys scroll to the Account field and enter, by pressing the middle selection key • Select the trading account with which this order should be associated • Using the 4-way navigation keys scroll down to the Lot field, enter by pressing the middle selection key and set the number of lots. Minimum Amount of lots required is 1 • When required fields are filled in press OK to confirm • When confirmed the program will take you back to the Rates screen • You may view this trade in the Positions screen of Thunder Mobile Trading System
Entry Limit Orders This type of orders usually aims at future opening positions when the market price reaches the level higher than the current market price. NOTE: Both Entry Stop/ Entry Limit Orders are executed only when the market value of an Instrument (Currency) reaches the predefined by the trader financial level.In order to execute the trade, please perform the following: • In the Rates screen navigate towards an Instrument (Currency) you would like to trade and simply press Place Order. DEALING RATES SCREEN • Once selected, you will prompted to choose the trading action from the New Order screen: Buy or Sell this particular currency • Using the phone navigation keys scroll to the desired trading action. • Scroll to the required type of Order (in this case Entry Limit Order) • Press OK to confirm the action • Once confirmed you will be redirected to the Entry Limit Order screen ENTRY LIMIT ORDER SCREEN  Displayed Fields:
Buy / Sell: Specifies Instrument’s trading actions Base Instrument: Account base currency Account: Number of the account Your Price: Your price should less or equal to the figure provided in this field Lot: Traders enter the number of lots / mini lots Duration: Hedge check box • Using the 4-way navigation keys scroll to the Account field and enter, by pressing the middle selection key • Select the trading account with which this order should be associated • Using the 4-way navigation keys scroll down to the Amount field, enter by pressing the middle selection key and set the number of lots. Minimum Amount of lots/mini lots required is 1 • Using the 4-way navigation keys scroll down to the Price field, enter by pressing the middle selection key and set the numbers you think fit best. • Once required fields are filled in press OK function to confirm this action ENTRY LIMIT ORDER SCREEN
• When confirmed the program will take you back to the Rates screen • You may view this trade in the Orders screen of Thunder Mobile Trading System Entry Stop Orders This type of orders usually aims at future opening positions when the market price reaches the level, lower than the current market price. NOTE: Both Entry Stop/ Entry Limit Orders are executed only when the market value of an Instrument (Currency) reaches the predefined by the trader financial level.In order to execute the trade, please perform the following: • In the Rates screen navigate towards an Instrument (Currency) you would like to trade and simply press Select or your phone middle selection key • You will be automatically rerouted to the New Order screen RATES SCREEN • Once selected, you will be prompted to choose the combination of Trading Action and Order Type from the New Order screen. • Scroll to preferred action • Using the phone selection key press Select function to confirm this action • Scroll to the required type of Order (in this case Entry Stop Order) • Using the phone left selection key press Select to confirm this action • Once confirmed you will be redirected to the Entry Stop Order screen ENTRY STOP ORDER SCREEN  There are several displayed fields:
Buy / Sell: Specifies Instrument’s trading actions Base Instrument: Specifies the base instrument for this account Account: List of accounts with which this order should be associated Your price: Your new price must be higher than or equal to the current price Lot: Traders enter the number of lots / mini lots Duration: Hedge checkbox
• Using the 4-way navigation keys scroll to the Account field and enter, by pressing the middle selection key • Select the trading account with which this order should be associated • Using the 4-way navigation keys scroll down to the Amount field, enter by pressing the middle selection key and set the number of lots. Minimum Amount of lots/mini lots required is 1 • Using the 4-way navigation keys scroll down to the Price field, enter by pressing the middle selection key and set the numbers you think fit best. • Once required fields are filled in press OK function to confirm this action ENTRY STOP ORDER SCREEN
• When confirmed the program will take you back to the Rates screen • You may view this trade in the Orders screen of Thunder Mobile Trading System
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