Through the following task, I will be explaining the agreed points about the order book and how it is used. Thanks.

This is a book in which all the financial information that is being generated at the moment is entered, all the invoicing of the user's orders, if someone goes to an establishment and purchases a product, the client provides the payment of the product and This is passed through the order book which has all the information of the product, its cost, quantity, date, and how much the customer paid for it, then this order book is responsible for storing all the information of any product that comes out of an establishment, in order to register it, the price of these products is often fixed and has no volatility.

A cryptographic book is handled differently, because everything is handled digitally so we must carry out all the cryptocurrency orders in various ways, we can choose the time, the amount, the cryptocurrency or fiat currency and make exchanges between them and the most important thing at the time we want and the amount we want to pay for our cryptocurrencies, is in its volatility if the value reaches the value that we place for its acquisition.

-The books of the shops are always manual and are often made with fixed prices and slowly.

- The customer does not define the value paid for the product, the value is defined by the owner of the establishment.

-Its free access is prohibited.

Finding the order book of a cryptocurrency is extremely easy, in our exchange fall, we click on markets.

At the bottom, we click on, spot market, fiat markets and we write the initials of our cryptocurrency, once we locate it, we click on trade.

As we can see, the red box is the sales orders, and the green box with the purchase orders, we can only appreciate both the purchase and sale price as well as the quantity and total price that everything came out, for a better visualization We can give you more details about the order book in more.

Here we have our order book which we can see more details about the purchase and sale of our selected pair.

A pair is two different cryptographic tokens, it can be cryptocurrency or digital fiat currency or exchanges between both, the exchange of a pair serves to make an exchange rate that allows us to use a future currency. An example is XRP-ETH or XRP-USDT.

They are agreed points of large purchases of many investors when the trend is downward, this means that when a cryptocurrency falls in price and reaches a certain limit, many investors see a good purchase price and this causes its value to increase creating a support .

These are points that when the trend is upward, many investors decide to sell and the trend changes to bearish at that time, the sell orders are larger than the buy orders and that is why resistance is created.

The limit order has the definition of placing an automatic order to buy or sell at a price agreed by the investor, once it reaches that value, the order is taken automatically.

The market order is to place an order at the same value that is currently in the market automatically, we only define the amount we want to buy or sell and the system automatically performs the entire process.

All orders are located in the order book, both the purchase orders and the green ones and the pink sales orders, through this we can make sure at what value it is currently and make our decisions, and that order we will carry out, since we have many orders of which I have already explained previously as they are, limit order, market order, stop limit order, and oco order, which I have previously explained how each of them works, of this way we can get very good benefit from the order book.

The most common order to place is the limit order, since we define a value in which we want to buy or sell, and when that order reaches the first place in the order book list, it is automatically activated and our order is completed, so it happens with each one of them.

To create stop-limit trading orders, we will have to go to the XRP-USDT market order box, once inside for purchases, we will have to select the stop box in which we will have to place a figure that depends on the current value, and In the limit box, we place a figure a little higher than the stop in case it does not grab our order, for the sell box we select the amount we want to sell and an order less than that in case our order is not selected, this in the case of the downtrend, but to place these orders we can do them in both trends, such as to buy and sell in uptrend and downtrend. It depends on our buying and selling strategy.

For the order oco in sales, it will ask us for a higher price that we want to sell in an uptrend, and two prices in a downtrend in case one of the two does not get to grab them, it is very easy to do.

Likewise, with the oco purchase order, we place a purchase order in a downtrend and a purchase order in an uptrend in case it does not go down further. Just as the picture shows.

The order portfolio provides great utility and adapts to each of each person's strategy, since we can carry out several simultaneous operations that generate investment reliability.

It allows us to carry out operations such as the market order that facilitates the purchase and sale of a cryptocurrency in real time, this allows us to make a rapid movement if we wish and allows us to place the order at the price that is in the market without having to wait to go up or down to grab our order.

We also benefit from limit orders that allow us to program a buy and sell price and stop-limit that allows us to place a limit and a stop on our order.

The most complete order is the oco order, which allows us to generate a sale above the price and a sale below the current price as a security measure, as well as with purchases, we can do them above the price and below the price, These orders combined with an indicator such as the RSI indicator that allows us to visualize the middle lines by performing a technical analysis, serves to help us a lot in our strategy. And in our investment.

Developing ourselves within our Exchange, defines our investment, if we do mental reading exercises to strengthen our strategies and to that we add how to handle each order properly, we will see a big change in our investment, each subject way seen in the task was of great help to strengthen our learning within the order book.

cc @yousafharoonkhan @steemcurator01 @steemcurator02 @steemitblog