What is market order?

A market order is an order to buy and sell big volumes in the foreign exchange market.

A market order can be identified as stop order or optional cut.

Determining the market order can help anticipate institutional investor’s purpose, and subsequently build a strategy/position to aim at that direction.

Market order changes from day to day. Market order status can be checked a TRADER’S WEB FX (in Japanese).

Forex

What is OP (Options)?

A contract that gives owner the right to buy or sell a particular currency at a pre- determined price (the strike price) on or before a specified date (exercise period).

In the New York market, currency options become actively traded around the cut-off time at 10:00 AM (9:00AM during daylight saving time) which is the end of the current trading day where large fluctuations might occur in the foreign exchange market.

NY cut Options (OP)

The boundary conditions for NY cut options (OP) are to be set.

The cut-off time (exercise period) for NY cut options in winter time is around 22:00 NY time, or 21:00 during day light saving.

There may be a large market move around cut-off time for position adjustment of options.

Observe Barrier Options (OP)

Boundary conditions for barrier options are to be set.

The defensive or offensive option strategies contingent upon the competition to sell (buy) options might restrain the fall (rise) of the option price.

However, you must be aware that sometimes option prices might simultaneously fall (rise) once the OP specified price is reached.

Sell (Thicker sell)

This is a condition in which the order is on sale at specified price. It is likely to limit the upward trend if a sell order is placed with a higher price.

Thicker sell refers to a condition where orders are placed more than the normal “sell”.

Buy (Thicker buy)

This is a condition in which the order is placed to buy at specified price. It is likely to limit the downtrend if a buy order is placed with a lower price.

Thicker buy refers to a condition where orders are placed more than the normal “buy”.

Stop loss sell order if prices reach specified price)

This is a condition in which a stop loss sell order (stop-loss) is placed if prices reach the specified price.

Please beware that a stop-loss selling order might accelerate the declining speed when you are holding a long (buy) position.

Stop loss buy order if price exceeds specified price

This is a condition in which a stop loss sell order (stop-loss) is placed if prices reach the specified price.

Please beware that a stop-loss selling order might accelerate the declining speed when you are holding a long (buy) position.

Periodical Stop-loss selling order

This is a condition in which stop-loss selling orders are lined up near the specified price.

Please beware that stop loss selling orders are expected to increase when you are holding a long (buy) position.

Periodical Stop-loss buying order

This is a condition in which stop-loss buying orders are lined up near the specified price.

Please beware that stop loss buying orders are expected to increase when you are holding a short (long) position.