Advice for a trader to buy a security at a time when its price has gone over a certain level of resistance which requires placing a buy stop order on the level of resistance. A trader deduces that an ideal buying opportunity will become evident when the level of resistance has been broken and the momentum will increase after the price moves past barriers.
Related information about buy stops above:
- Buy Stops Above Definition | Investopedia
A recommendation to buy a specific security when a the security's price exceeds a certain level of resistance by placing a buy stop order at that level of ...
- Buy Stop Order Definition | Investopedia
An order to buy ... Stopped Out. The execution of ... Stop-Limit Order. An order placed ... Market Order. An order that an ... Buy Stops Above. A recommendation .
- Today's orderboard
9 hours ago ... Offers 1.6030/50, likely buy stops above ahead of tech lvl 1.6069 (50%- ... EUR/ GBP: Strong offers 0.8100/10, buy stops above through 0.8115 ...
- Techs | ForexLive
2 days ago ... EUR/GBP: Strong offers 0.8100/10, buy stops above through 0.8115 ahead of larger offers 0.8145/60 with likely large buy stops above 0.8165.
- Today's orderboard | ForexLive
3 days ago ... EUR/GBP: Strong offers 0.8100/10, buy stops above ahead of larger offers 0.8145/60 with likely large buy stops above 0.8165. Bids /tech ...
- What is buy stop order? definition and meaning
Related Terms. buy stops above · either-or order · alternative order · bracketed sell order. Browse by Letter: #ABCDEFGHIJKLMNOPQRSTUVWXYZ ...
- * Buy stop - (Stock market): Definition
http://biz.yahoo.com/opt/glossary1.html. Buy stops above - A recommendation to enter the market when the exchange rate breaks through a specific level.
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Offers 1.6030/50, likely buy stops above ahead of tech lvl 1.6069 (50%- 1.6309- 1.5829 fall) offers 1.6075/85 (cloud top 1.6079, 1.6084 trend line res), and ...