Nam Order Blocks PDF: The Basics of Forex Trading
A nam order block is a market order for a forex pair that is not enabled for market execution. This type of order is useful for traders who wish to make larger trades than the current market price allows. By using a Nam Order Block, traders are able to save on transaction costs by ensuring that their entire transaction is executed at the same price. With its ability to reduce transaction costs, this type of market order is ideal for those who wish to trade in large amounts.