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

Rating of the highest grossing Hollywood actors of all time
People

Rating of the highest grossing Hollywood actors of all time

2020
Best countries to visit in 2020
Tourism

Best countries to visit in 2020

2020
The most reliable crossovers 2020 - Auto Bild rating
Cars

The most reliable crossovers 2020 - Auto Bild rating

2020

Leave Your Comment

Recommended

Top 15 best gaming laptops of 2019

Top 15 best gaming laptops of 2019

2020
5 major political threats to the EU

5 major political threats to the EU

2020
Top 7 largest underground bunkers in the world

Top 7 largest underground bunkers in the world

2020
Rating of the most reliable developers in Russia 2019

Rating of the most reliable developers in Russia 2019

2020

Popular Categories

  • Movie
  • Medicine
  • Nature
  • Tourism
  • Cars
  • Information and News
  • The most in the world
  • Articles
  • Games
  • Technics

Recent

Top 15 low-calorie foods for “delicious” weight loss

The most popular fake sights of the world

10 most annoying words and phrases

Top 10 places to celebrate the New Year

10 most beautiful houses in the world: 20 photos

Most popular credit cards

Actual

CASCO 2020 Insurance Companies Reliability Rating
Cars

CASCO 2020 Insurance Companies Reliability Rating

2020

Russian roads are full of surprises. And not always pleasant. Therefore, responsible car owners prefer to insure their iron horse from any type of damage by buying a CASCO policy. He will give a guarantee that car theft or accident will not entail excessive financial costs. Introducing ...

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

The most popular series in the world, a list of the best foreign series

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

Top 10 reasons to drink

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

The best cities of Russia for doing business

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

Top 10 movies about dancing, a list of the best

2020

The best in the world

The best in the world.

Recent

  • The most expensive teas in the world
  • Top 10 automotive innovations of 2017 in the Russian market
  • Rating of hosting providers in 2013

Popular Categories

  • People
  • Ratings
  • Cars

© 2025 https://efuc.org

  • Coronavirus
  • Tourism
  • Books
  • Games
  • Favorite
  • Sport
  • Technics
  • Food and drink
  • Articles
  • Information and News

© 2025 https://efuc.org