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Pending order
A pending order is an order that was not yet executed, thus not yet becoming a trade. It can, for example, be an order that states that you do not want to buy before the price of a financial instrument reaches a certain point. With Trade12 you can easily take a pending orders because their interface is free from reqoutes, slippage and dealing desk indeed They offer superior fast execution so you can open an order within a very short time.
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All strategies are based whether on a fundamental or technical analysis which means that traders may concentrate on certain calculations and periods of time or can stick to broad spectrum analysis while developing a trading strategy. My broker Bprimes always strongly recommend to use both fundamental and technical means of analysis to create a long term strategy which can determine all points whether entry or exit ones. In forex you have to choose your strategy.