stop entry
As one type of Entry Orders it is an order to penetrate the market at a somewhat unfavorable price. A stop entry price will be placed below the current price, if a currency pair is to be sold. Conversely a stop entry price is placed above the current price when the currency pair is bought. A stop order tends to lead to breakout strategy in which a trader possesses the notion that once a specific rate is reached the rate will continue on the same trend.
