Stop-loss: As you are testing the waters in regard to forex trading, you set a tight stop-loss of 50 pips on your long USD / short EUR position. This means that if the stop-loss is triggered ...
Stop and limit orders in the forex market follow the ... Besides using the limit order to go short near a resistance, you can use this order to go long near a support level. For instance, if ...
No longer reserved for global corporations and institutional traders, forex trading can diversify your portfolio, hedge against future weakening of the dollar, and produce short- or long-term profits.
Forex trading, short for foreign exchange trading, is a dynamic and global financial market where currencies are bought and sold. Over the years, this market has witnessed a remarkable evolution, ...
Forex, short for the foreign exchange market ... Traders can profit by either buying (going long) or selling (going short) a currency pair. Going long involves buying the base currency with ...