types of pending orders in forex!!!

We can do trade without pending order's in the market, if you are a regular trader and spend a long time in front of your computer then better to use market order's, pending order's can be placed according to strategies also, so many trader's use them on news and many apply them in swing trading and support and resistance based trading system. I have only two to three hour max trading schedule for per day so I do trade only with market order's.

I have read about pending order and these are the basics of forex. For every new member and trader it is compulsory that he must have idea about pending orders. There are basically four types of pending orders.

BUY LIMIT
SELL LIMT
BUY STOP
SELL STOP
Above mentioned four types are the pending order types when you open any pening order with preset value and when this value touched your pending order activated automatically.