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Trading foreign exchange on margin carries a high level of risk.
A Pending Order is an order that is automatically executed by MT4 when a specific price, specified by you, is reached by the instrument you chose.
1. Open your BlackBull Markets Mt4 Platform and press "F9", alternatively click the "Tools" tab in the menu and select "New Order"
2. In the "New Order" window, select “Pending Order” from the Type of Trade drop-down menu
3. Select whether you want to set a Buy Limit, Sell Limit, Buy Stop or Sell Stop. This can be selected from the Type of Pending Order drop-down menu
Finally, once all parameters are decided upon, left click "Place" to issue the Pending Order. You can cancel this Order at any time before it is executed.