usually when I decided to get out of a trade when we see price reversal and typically use fibonaci levels in its analysis, and also see if there is a reversal candle pembentuka price is going and that's when I memtuskan exit in the transaction
usually when I decided to get out of a trade when we see price reversal and typically use fibonaci levels in its analysis, and also see if there is a reversal candle pembentuka price is going and that's when I memtuskan exit in the transaction
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I think not always to wait until the resistance or support is being touched to make good exit. We can exit anytime we are find indication the price will make reversal or retrace. so, we can try to use some script. If we are wait until the support and resistance is touched. if we are do not have good mental and emotions we will get many problems.
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There are lots of exti strategies.
Mostly i choose a target, and if it hits, it can be my exit strategy.
also. i see my trading system, if i see a reversal sign. i exit the trade
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A resistance level penetrated becomes support. Look at the figure, you can see after the price went up until it reaches resistance point.
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important role to build career thousands of people all over the world, it makes a great manpower and trains them how to earn and how to do the work seriously and properly..
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
i thing the entry strategy is more important than the exit because if the entry point is correct you can make profit whatever little or more but you at least make profit and avoid the loss
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my exit strategy will always be trading with a profit take.
A take profit always helps in understanding these em market.
A range or swing trading will also help a lot.
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I have no trouble in open posissi but I often have trouble when to exit the market. to overcome this I use a stochastic 5,3,3. although this is not always enough to help. market saturation could be seen if the line began to reverse direction
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Tread interesting. If we move the SL, does not that will abate our attrition to amount movements, abnormally movement of the agrarian and unfocused. How do you accept any account for it?
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From my point of view that this matter is extremely important,trading has serious rules of which if you miss on then you miss a lot of things. so in order to be safe you need to be up to date with the rules most important controlling emotions and avoiding greed ..
I wish all the luck in all trades
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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