Zigzag Indicator ki maloomat

Risk Warning: Forex, Commodities, Options and CFDs (OTC Trading) are leveraged products that carry a substantial risk of loss up to your invested capital and may not be suitable for everyone. Please ensure that you fully understand the risks involved and do not invest money you cannot afford to lose. Please refer to our full risk disclaimer. EF Worldwide Ltd

Forex

The Forex market behaves differently from other markets. The speed, volatility, and enormous size of the Forex market are unlike anything else in the financial world. The Forex market is uncontrollable - no single event, individual, or factor rules it. Just like any other speculative business, increased risk entails chances for a higher profit or loss.

Currency markets are highly speculative and volatile in nature. Any currency can become very expensive or very cheap in relation to any or all other currencies in a matter of days, hours, or sometimes, in minutes. This unpredictable nature of the currencies is what attracts an urrency markets are highly speculative and volatile in nature. Any currency can become very expensive or very cheap in relation to any or all other currencies in a matter of days, hours, or

sometimes, in minutes. This unpredictable nature of the currencies is what attracts an investor to trade and invest in the currency market.

But ask yourself, "How much am I ready to lose?" When you closed or exited your position, had you understood the risks and taken steps to avoid them? Let's look at some foreign

exchange risk management issues that may come up in your day-to-day foreign exchange transactions.

Unexpected corrections in currency exchange rates
Wild variations in foreign exchange rates
Volatile markets offering profit opportunities
Lost payments
Delayed confirmation of payments and receivables

Divergence between bank drafts received and the contract price
These are areas that every trader should cover both BEFORE and DURING a trade.

Exit the Forex market at profit targets

Limit orders*, also known as "profit-take" orders, allow Forex traders to exit the Forex market at pre-determined profit targets. If you are short (sold) a currency pair, the system will only allow you to place a limit order below the current market price because this is the profit zone. Similarly, if you are long (bought) the currency pair, the system will only allow

you to place a limit order above the current market price. Limit orders help create a disciplined trading methodology and make it possible for traders to walk away from the computer without continuously monitoring the market.
*Please note that in this paragraph we refer to the traditional use of the “Limit order” term, which usually relates to profit-taking.

, which you "reserved", appears in the market).

Control risk by capping losses

Stop Loss orders allow traders to set an exit point for a losing trade. If you are short a currency pair, the Stop Loss order should be placed above the current market price. If you are long the currency pair, the Stop Loss order should be placed below the current market price. They help traders control risk by capping losses. Stop Loss orders are counter-intuitive because you do

, which you "reserved", appears in the market).
not want them to be hit, however, you will be glad that you placed them.

Where should I place my Stop Lloss and Take Profit orders?

Our general forex tip would be that, traders should set Stop Loss orders closer to the opening price than Take Profit orders. Where the trader places the Stop Loss and Take Profit orders will depend on how averse they are to risk. Stop Loss orders should not be so tight that normal market volatility triggers the order. Similarly, Take Profit orders should reflect a realistic expectation of gains based on the market's trading activity and the length of time
Control risk by capping losses

Stop Loss orders allow traders to set an exit point for a losing trade. If you are short a currency pair, the Stop Loss order should be placed above the current market price. If you are long the currency pair, the Stop Loss order should be placed below the current market price. They help traders control risk by capping losses. Stop Loss orders are counter-intuitive because you do

you want to hold the position. In initially setting up and establishing the trade, the trader should look to change the Stop Loss and set it at a rate in the 'middle ground' where they are not overexposed to the trade, and at the same time, not too close to the current exchange rate.