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 10 specialized depositories
Ratings

Top 10 specialized depositories

2020
The most money of the world: beautiful, interesting, unusual
Ratings

The most money of the world: beautiful, interesting, unusual

2020
10 best destinations of mystical tourism in Russia
Tourism

10 best destinations of mystical tourism in Russia

2020

Leave Your Comment

Recommended

10 most famous psychological experiments in history

10 most famous psychological experiments in history

2020
Top 10 important dates in the history of Russia

Top 10 important dates in the history of Russia

2020
10 tallest women in the world

10 tallest women in the world

2020
The scariest horror movies 2018-2019

The scariest horror movies 2018-2019

2020

Popular Categories

  • Favorite
  • Tourism
  • Cities and countries
  • Articles
  • Movie
  • Technology Reviews and Tests
  • Information and News
  • Technics
  • Books
  • Nature

Recent

The 10 best brands of Doctoral sausage, a Roskachestvo study

Rating of the largest salaries of presidents and heads of state

7 main reasons for the start of World War III

The most unusual holidays in the world

10 best refrigerators in terms of quality and reliability 2018

The most beautiful nature reserves in the world

Actual

The best cities of Russia for doing business
Finance

The best cities of Russia for doing business

2020

Forbes regularly analyzes Russian cities for their attractiveness to entrepreneurs. Experts assess the availability of skilled labor, the absence of legislative obstacles, the availability of office space, land, communications, tax burden and administrative pressure....

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

Top YouTube videos ever

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

The most beautiful female names in the world

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

Top 10 most interesting loft properties

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

10 most beautiful male actors of Hollywood

2020

The best in the world

The best in the world.

Recent

  • The most popular tours and the best countries in 2012
  • 10 best hypoallergenic carcasses of 2020
  • The richest women in Russia 2017, Forbes list

Popular Categories

  • Ratings
  • Ratings
  • People

© 2025 https://efuc.org

  • Medicine
  • Favorite
  • Tourism
  • Information and News
  • Cities and countries
  • The most in the world
  • Books
  • Articles
  • Food and drink
  • Nature

© 2025 https://efuc.org