Stope loss A stop-loss in forex trading is an essential risk management tool designed to minimize potential losses. It is a preset order to close a trade when the price reaches a specific level, preventing further losses beyond what the trader is...
Trading journal Wednesday, December 11, 2024 GBPUSD Assalamualaikum and good morning. How are you today? Hopefully all members and moderators are in good health. Hopefully we all become successful traders who can help those in need. Let's continue...
EUR/USD Technical Analysis H4 Timeframe The EUR/USD currency pair is currently showing a bullish market structure in the 4-hour timeframe. Despite the ongoing increase, the price is trading below the 200-day simple moving average (SMA), indicating...
On Wednesday during EU trading hours, the pair dipped slightly below the 1.0490 level, maintaining a sideways movement as traders await important economic data. As of the latest update, the pair is trading around 1.0499, with market participants...
Protecting Your Trades with Stop Loss: When trading, one of the most important things you can do is protect your trades with a stop loss. A stop loss is an order that automatically sells a security when it falls to a certain price. This helps limit...