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Hello guys welcome to our whatsapp group FOREX MALAWI. In this video we are going to look on the step by step procedures on how can we open orders in forex using meta trader 5 platform. Instant executions, Sell limit, buy limit, Sell limit, stop loss, take profit are examples of orders used when trading. So guys lets get started and you're with me, Jah kid. The Invisible Tutor. Opening Instant Execution: Launch the Meta Trader 5 platform and log in to your account. Locate the "Market Watch" window on the left-hand side of the platform. Right-click within the "Market Watch" window and select "Symbols" to display the available trading instruments. Choose the desired instrument and click on it to highlight it. Right-click on the selected instrument and choose "New Order" from the context menu. The "Order" window will appear, where you can set various parameters for your trade. Ensure that the "Type" field is set to "Instant Execution." Specify the desired volume (trade size) in the "Volume" field. Set the stop loss and take profit levels if needed. Click the "Sell by Market" or "Buy by Market" button to execute the trade instantly. Opening a Sell Limit Order: Follow the steps mentioned above to open the "Order" window for the desired instrument. In the "Type" field, select "Pending Order." Set the desired volume in the "Volume" field. Choose "Sell Limit" from the "Type" drop-down menu. Specify the desired price at which you want the order to be executed. Set the stop loss and take profit levels if needed. Click the "Place" button to create the sell limit order. Opening a Buy Limit Order: Repeat the first two steps mentioned above to access the "Order" window. In the "Type" field, select "Pending Order." Set the desired volume in the "Volume" field. Choose "Buy Limit" from the "Type" drop-down menu. Specify the desired price at which you want the order to be executed. Set the stop loss and take profit levels if needed. Click the "Place" button to create the buy limit order. Placing a Sell Stop Order: Again, access the "Order" window for the desired instrument. In the "Type" field, select "Pending Order." Set the desired volume in the "Volume" field. Choose "Sell Stop" from the "Type" drop-down menu. Specify the desired price at which you want the order to be triggered. Set the stop loss and take profit levels if needed. Click the "Place" button to create the sell stop order. Placing a Buy Stop Order: Repeat the initial steps to open the "Order" window. In the "Type" field, select "Pending Order." Set the desired volume in the "Volume" field. Choose "Buy Stop" from the "Type" drop-down menu. Specify the desired price at which you want the order to be triggered. Set the stop loss and take profit levels if needed. Click the "Place" button to create the buy stop order. Setting a Stop Loss: Find the open trade or pending order in the "Trade" tab or "Terminal" window. Right-click on the trade/order and select "Modify or Delete Order." The "Order" window will appear with the order details. Set the desired stop loss level in the "Stop Loss" field. Click the "Modify" button to apply the stop loss to the trade/order. Setting a Take Profit: Follow the same steps as setting a stop loss (mentioned above). In the "Order" window, set the desired take profit level in the "Take Profit" field. Click the "Modify" button to apply the take profit to the trade/order. Remember, these instructions are for the MetaTrader 5 platform, and some steps might slightly differ based on the specific version or setup you're using. Always practice caution and ensure you understand the risks involved in trading.