Positions
1) long position: we choose long position anticipating the currency pair to rise
2) Short position: we choose short position anticipating the currency pair to fail
3) Close position: when time has passed we close a position if price is changed according to our expectations
main types of orders
1) Market orders: here be smart that "Buy" and "Sell" - are designed to open positions at the current market price. The position will be opened immediately after you place such an order.
2) Pending orders: Allow you to choose entry levels in advance. In this case, the trade will automatically open once the price level that you have chosen is reached, and you won't need to be in front of the monitor when it happens.
let we have practical : pending orders
take profit
by limit
stop loss
Now calculating profit for loss : GPB/USD EUR/USD
1PIP = 1USD * (LOTS)/10000
1PIP = 1USD * 20000/10000 = 2USD
LET SEE GPB/USD
BUY
10000 LOTS *1.1600
CLOSE
10000 LOTS*1.1650
50PIP * 1USD = 50 USD
1) long position: we choose long position anticipating the currency pair to rise
2) Short position: we choose short position anticipating the currency pair to fail
3) Close position: when time has passed we close a position if price is changed according to our expectations
main types of orders
1) Market orders: here be smart that "Buy" and "Sell" - are designed to open positions at the current market price. The position will be opened immediately after you place such an order.
2) Pending orders: Allow you to choose entry levels in advance. In this case, the trade will automatically open once the price level that you have chosen is reached, and you won't need to be in front of the monitor when it happens.
let we have practical : pending orders
take profit
by limit
stop loss
Now calculating profit for loss : GPB/USD EUR/USD
1PIP = 1USD * (LOTS)/10000
1PIP = 1USD * 20000/10000 = 2USD
LET SEE GPB/USD
BUY
10000 LOTS *1.1600
CLOSE
10000 LOTS*1.1650
50PIP * 1USD = 50 USD
تبصرہ
Расширенный режим Обычный режим