The best in the world

  • Home
  • Technics
  • Finance
  • Ratings
  • Cars
  • Movie
  • People
  • Home
    • Technics
    • Finance
    • Ratings
    • Cars
    • Movie
    • People

Home Ratings

Best ways to exit a Forex trade

Share
Pin
Tweet
Send
Share
Send

Forex traders talk a lot about a perfect entry point, combining various indicators and basic conditions to find the best opportunities. Much less attention is paid to choosing a good exit point, although this is no less important. Best ways to exit a deal in our article. The correct choice of the exit point from the transaction in the forex market, read on.

System of criteria

One of the most logical ways Exiting a Forex trade refers to the strategy based on which you entered the trade. You probably already planned the exit in advance. For example, if you entered a position at the intersection of moving averages, it is usually better to go out on the opposite crossing. In addition, if you bought on a breakthrough, you should sell when the price breaks the lower mark. To exit the transaction, you must have some pre-set criteria.

Trailing stop

It can be used to protect against losses and take profit. It is used alone or in combination with another method. One of the difficulties of using a trailing stop is determining the distance from the price action. Placing an order too close leads to taking profit too early. And setting it too far can help you to make no profit at all. Trailing Stop Testing using past data is a good way to find the right distance.

The question is, can these methods be used for binary options and PAMM trading ?!

Target price

It is a good way to exit the Forex transaction, provided that you choose a realistic level. If the target price is too far, it will not be achieved, and in the end you are likely to lose money when the market turns around. Similarly, if your goal is set too close, then you are not earning enough to justify current risks.

Technical levels, such as reference points, are an excellent price point. They use the latest data to adapt to market volatility. Key U-Turn Levels - These are realistic price goals for profit. In addition, pivot points are monitored by thousands of professional traders, and therefore better predict pivot points.

Technical indicators

Fibonacci, Elliot Waves and other technical indicators are also good ways to exit a Forex trade, and the best indicators of 2015 are most effective in day trading. The mathematical Fibonacci sequence predicts tipping points with extraordinary accuracy, and the ATR indicator is a good tool for measuring price movements. Instead of choosing an arbitrary number of points as a profit level, halve the ATR in the last 14 days, this will provide you with more realistic data.

Share
Pin
Tweet
Send
Share
Send

Watch the video: Price Action Trading Secrets Most Trading Gurus Will Never Tell You (June 2025).

Similar Articles

The biggest star in the universe - UY Shield
The most in the world

The biggest star in the universe - UY Shield

2020
Top 7 most disgusting perfume ingredients
Ratings

Top 7 most disgusting perfume ingredients

2020
Top 5 weird Halloween traditions stories
Ratings

Top 5 weird Halloween traditions stories

2020

Leave Your Comment

Recommended

The best examples of import substitution in Russia

The best examples of import substitution in Russia

2020
Top 10 most greedy celebrities

Top 10 most greedy celebrities

2020
Top 10 most beautiful pink beaches in the world

Top 10 most beautiful pink beaches in the world

2020
Electric lawn mowers: ranking of the best models

Electric lawn mowers: ranking of the best models

2020

Popular Categories

  • Cities and countries
  • Favorite
  • Articles
  • Movie
  • Medicine
  • Technology Reviews and Tests
  • Technics
  • Sport
  • Cars
  • The most in the world

Recent

Top 10 best films about athletes

The southernmost city of Russia and the world

Best Huawei smartphones, 2018 new products ranking

The longest rivers of Russia

Xiaomi Redmi 3 Pro - a Chinese smartphone that has no equal

The most popular tourist destinations in the world

Actual

The most delicious dishes in the world, the rating of the best food for tourists
The most in the world

The most delicious dishes in the world, the rating of the best food for tourists

2020

There is an inextricable link between travel and food. No, this is not about the quality and assortment of dishes offered on the plane. Food from different countries is able to give not only taste delights, but also a lot to tell about the traditions and cultural settings of a particular country. For example, a Russian person ...

Jokowi supporters try to prevent anti-Jokowi activist from entering Batam

The most popular Instagram stars in Russia

2020
Jokowi supporters try to prevent anti-Jokowi activist from entering Batam

Best GPS Trackers for Kids 2019

2020
Jokowi supporters try to prevent anti-Jokowi activist from entering Batam

Plague Doctor - who is it, interesting facts

2020
Jokowi supporters try to prevent anti-Jokowi activist from entering Batam

Contribution per million: 7 explanations of interest on deposits from 1 million rubles

2020

The best in the world

The best in the world.

Recent

  • The most beautiful breeds of dogs in the world: top 20, photo
  • Top 10 places to go for the New Year holidays 2016
  • The best gifts for the New Year 2016 - more than 30 ideas

Popular Categories

  • Ratings
  • Ratings
  • Movie

© 2025 https://efuc.org

  • Favorite
  • Games
  • Books
  • Technics
  • Tourism
  • Sport
  • Cities and countries
  • Coronavirus
  • The most in the world
  • Technology Reviews and Tests

© 2025 https://efuc.org