Iam used 50 pips for stop loss on my trade then i use time frame of daily chart for look the trend because on big chart you can see to where of market on future
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Iam used 50 pips for stop loss on my trade then i use time frame of daily chart for look the trend because on big chart you can see to where of market on future
hamain trading men jab loss hota hai to us ko jyada wait nai kerna chahye kiuon k is men or jyada danger ho jata hai jis se hamain loss bhi jyada ho jata hai is wasty mery khyal men hamary ley 30 piont buhat hoty hain.
i think if we set more then 150 pips as stop loss and 100 pips for the take profit then we can earn money easily from the forex market and the chance of loss are minimum in the forex market but we always need to try only 50 pips per day that we can get without any risk.
Stop-loss relies on the various situation and it varies from position to position and individual to individual and also there tolerance. but i choose H1 which allows investor a excellent encounter and it allows a lot as i think.
i believe that when we trade we should use short pips SL or TP because if you are loss our trade then its become very easy for recover our losses....
I usually put SL few pips below the support line in case of a long position and few pips above the resistance line in case of a short position so that if the support or resistance is broken in that case my selected SL may keep my account safe.
the restrict of a factor is very excellent for investors that can get the calculative feeling about the access and the leaves of their dealing roles before arms. nothing is too difficult in this , you can even use the offer quit operate when you are dealing the information at danger.Quote:
Originally Posted by anubhavsingh
i think that depend on news of the market ............. so if i have a news that market will go down then i can give a trade of sell but the pip will depend on the prediction after my news analysis so that depend...............
the good and tight stop loss in the market is the keey point because sometimes the small stop loss is hitted by the big players and some times the big stop loss is hitted by the big players so setting good stop loss is the important aspect of the tradingsQuote:
Originally Posted by aihuem
fibonacci indicators can be used to determine and supp res and if we want to combine fibonacci indicators with the pivot Point can be tried, if I tend to over use fibonacci indicators but if you want to try please just and we should try to use it on a demo account first because if it directly at the try on a real account is very risky.