Take Profit In Forex trading, Take Profit is a key tool used by traders to secure profits at a predetermined level. By automating the closing of a trade when the price reaches a specific point, Take Profit helps traders exit the market at the...
Highly leveraged forex trading can be risky, and understanding these risks is essential to managing your capital effectively. Leverage allows traders to control a large position with a relatively small amount of capital, which can increase both...
GBPUSD On the GBP/USD pair, the situation is basically similar to other majors. I also think that a small pullback upwards to the area of 1.3168-1.3178 and then an attempt to break through the lower intraday level of 1.3109 would be harmonious....
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Average True Range (ATR) Oscillator Trading Strategy #1 Average True Range Breakout Strategy: This strategy uses the Average True Range (ATR) oscillator to identify breakouts and measure volatility. *Strategy Rules:* 1. *Long Entry:* - Price breaks...