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Forex Letting winners run

Discussion in 'Forex Forum' started by Forexpcb, Mar 3, 2015.

  1. Forexpcb

    Forexpcb Guest

    It seems that I am confident in my trading signals, however, when I get up say 20 pips I am constantly fearful of a pullback. I know that pullbacks are expected and are healthy for our trades, but I still am constantly taking profits way too early. Any suggestions? thank you.

    Source.
     
  2. Diego San

    Diego San Member

    Joined:
    Dec 10, 2019
    Likes:
    2
    Location:
    US
    Like most technical techniques, recognizing the trend is stage. Numerous scalpers use indicators, for example, the moving average to check the trend. Utilizing these key levels of the trend on longer time periods permits the trader to see the master plan. These levels will create support and resistance groups. Scalping inside this band would then be able to be endeavored on littler time periods utilizing oscillators, for example, the RSI. Stops are set a couple of pips away to maintain a strategic distance from huge developments against the exchange. The MACD indicator is another helpful device that can be practiced by the trader to enter/exit exchanges.
     
    Last edited: Feb 28, 2020

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