Forex or The foreign exchange market is very very large financial market in the world, with a daily turnover of over $5 trillion. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging currencies at current or determined prices. Forex trading refer to the art of buying or selling currency for profit.

Author Topic: How to set Targets and Take Profits in Forex Market  (Read 1520 times)

Newswire

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How to set Targets and Take Profits in Forex Market

When taking profits, should we split our position into pieces and close it by different targets? Or do we go ‘all in’ and ‘all out’? Perhaps an even better question: is there a correct way to take profits? All this and more in this Exness webinar.

For watching this video you should have at least one trading account. If you are not. Get a trading account for free here!




Rickfap

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Reply #1 on: August 21, 2018, 03:52:29 PM
Thank you. sir



Dolilia

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Reply #2 on: September 01, 2018, 04:40:11 PM
Very interesting. I think this video give good guide for determine what target to reach for



Simdik

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Reply #3 on: January 19, 2019, 02:14:57 PM
This video is great



Dinnil

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Reply #4 on: May 03, 2019, 09:50:24 AM


How to Trade Forex
Now that you know some important factors to be familiar of gone establishment a forex account, we will take a see at what exactly you can trade within that account. The two main ways to trade in the foreign currency vibes is the easy buying and selling of currency pairs, where you go long one currency and rushed other. The second magnification is through the purchasing of derivatives that track the movements of a specific currency pair. Both of these techniques are intensely same to techniques in the equities make known.The most common showing off is to handily obtain and sell currency pairs, much in the same habit most individuals gain and sell stocks. In this court suit, you are hoping the value of the pair itself changes in a deferential sky. If you go long a currency pair, you are hoping that the value of the pair increases. For example, let's proclaim that you took a long approach in the USD/CAD pair - you will create portion if the value of this pair goes taking place, and lose maintenance if it falls. This pair rises once the U.S. dollar increases in value previously-door to the Canadian dollar, therefore it is a bet concerning the U.S. dollar.

The new option is to use derivative products, such as options and futures, to profit from changes in the value of currencies. If you get an uncharacteristic in marginal note to a currency pair, you are getting sticking together of the right to get sticking to of a currency pair at a set rate in the by now a set narrowing in grow pass. A futures settlement, upon the supplementary hand, creates the obligation to get accord of the currency at a set mitigation in epoch. Both of these trading techniques are usually lonesome used by more protester traders, but it is important to at least be occurring to date past than them.



Dikklo

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Reply #5 on: May 03, 2019, 09:57:28 AM
I am an newbie in forex trading. I think I learn many capacity neccessary for forex trading here. Now I am pleasant.



svon

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Reply #6 on: November 07, 2019, 10:49:16 AM
It makes senses



loker

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Reply #7 on: November 21, 2019, 02:49:52 AM
Never use take profit before. But this make a lot of sense.



Slopper

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Reply #8 on: November 22, 2019, 08:05:42 AM
Technical analysis is the method of evaluating traded products by analyzing statistics generated by market activity, such as past prices and volume. Technical analysts believe that the price contains all known information and therefore technical analysts do not attempt to measure a security's intrinsic value, but instead use charts and other tools to identify patterns that can suggest future activity.

With wonderful sounding names such as Elliot Wave Theory, Candlestick Charts, Moving Average Convergence Divergence or Bollinger Bands they all have the common aspect of presenting us with a visual approach to market analysis.



 

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