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

Top 5 promising investment areas in 2019, Unitrust Capital
Finance

Top 5 promising investment areas in 2019, Unitrust Capital

2020
The most beautiful male names in the world
People

The most beautiful male names in the world

2020
Reliability rating of banks 2020 according to the CBR
Favorite

Reliability rating of banks 2020 according to the CBR

2020

Leave Your Comment

Recommended

The most powerful weapon in Russia + VIDEO

The most powerful weapon in Russia + VIDEO

2020
Best countries to visit in 2020

Best countries to visit in 2020

2020
Top 3 nuances in choosing headphones for music

Top 3 nuances in choosing headphones for music

2020
Rating of political influence of the heads of subjects of the Russian Federation

Rating of political influence of the heads of subjects of the Russian Federation

2020

Popular Categories

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

Recent

10 best dishwashing detergents, Roskachestvo rating

Top 10 banks with the largest ATM network

The smallest capitals of the world

The most dangerous and safe products, rating of quality

20 most beautiful cat breeds in the world

The best horror online

Actual

Top 10 Symbols of Russia, Leaders of the Russia-10 Project
Ratings

Top 10 Symbols of Russia, Leaders of the Russia-10 Project

2020

Until September 29 of this year, everyone can take part in the Russia 10 project and vote for one of the great architectural monuments or a unique natural site. The aim of the project is to define the visual symbols of the country through popular vote. During the initial vote ...

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

10 examples of unfair advertising that led to millions of lawsuits

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

Top 5 oldest cities on the planet

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

The most beautiful cars of 2019 (20 photos)

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

10 amazing scientific and natural phenomena filmed on video

2020

The best in the world

The best in the world.

Recent

  • 10 best wobblers for perch 2018
  • NPF Russia rating 2019 in terms of profitability and reliability
  • Consumer Brand Confidence Rating 2016

Popular Categories

  • Ratings
  • Technics
  • Ratings

© 2025 https://efuc.org

  • The most in the world
  • Nature
  • Food and drink
  • Technology Reviews and Tests
  • Games
  • Coronavirus
  • Technics
  • Information and News
  • Cities and countries
  • Articles

© 2025 https://efuc.org