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2021-12-15 19:35:14 Stop Loss and Take Profit in Forex

Why do we need stop losses and take profits? And do we need protective orders at all?

The article deals with the wish to move a take profit closer and push a stop loss farther. It also reveals the way to stop doing it easily. 



Hello! 

Let me guess, you are not a newbie in forex trading. You may have tried a number of forex trading strategies, that “don’t suit you”. Besides, you may feel that you put a stop loss and a take profit “somehow wrong” or “somewhere at a wrong place”. 

If you have been trading for over... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/jtxDk Open / Comment

2021-12-15 17:46:01 Stop Loss and Take Profit in Forex

Why do we need stop losses and take profits? And do we need protective orders at all?

The article deals with the wish to move a take profit closer and push a stop loss farther. It also reveals the way to stop doing it easily. 



Hello! 

Let me guess, you are not a newbie in forex trading. You may have tried a number of forex trading strategies, that “don’t suit you”. Besides, you may feel that you put a stop loss and a take profit “somehow wrong” or “somewhere at a wrong place”. 

If you have been trading for over... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/jtxh1 Open / Comment

2021-12-15 17:17:46 What is Take Profit Order?

A Take Profit order is a type of order set together with Market Execution or Pending orders. It is used to fix profits once the price level reaches a predefined value. Take Profit orders are executed automatically. This review deals with Take Profit orders and teaches you to place them on different platforms, use them in various trading systems, and calculate their levels.

 

Basics of a Take-Profit Order

There is Take Profit definition:

Take Profit (ТР) is a pending order that directs the broker to close a trade once the asset's price becomes equal to the value preset by... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/jtxkB Open / Comment

2021-12-15 11:05:20 Short-term analysis for oil, gold, and EURUSD for 15.12.2021

I welcome my fellow traders! I have made a price forecast for US Crude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders.

Yesterday, a trading recommendation for selling gold in the zone of 1790 - 1788 yielded profits.



Oil price forecast for today: USCrude analysis

Oil is trading in the correction to a short-term uptrend. Currently, the traders are trying to break out the key support 70.23 - 69.94. If the price returns to support and forms a buy pattern, open long oil trades with... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/jtGpi Open / Comment

2021-12-15 10:15:33 Dollar is set free. Forecast as of 15.12.2021

While analysts wonder if there are political connotations in Powell’s decision to abandon the Fed’s mantra about the transitory nature of high inflation, investors discuss the Fed’s actions related to interest rates. Where will the EURUSD go? Let us discuss the Forex outlook and make up a trading plan.

Weekly US dollar fundamental forecast

Investors are focused on the meetings of the Fed and the ECB. The fuss around the omicron has somehow eased, though it is still a matter of concern. Markets are more worried about a hawkish change in Jerome Powell’s tone, who abandoned his mantra about the... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/jtG8U Open / Comment

2021-12-15 08:54:35 Short-term forecast for BTCUSD, XRPUSD and ETHUSD 15.12.2021

I welcome my readers!

I have prepared a short-term cryptocurrency forecast based on Elliott wave analysis of Bitcoin, Ripple, and Ethereum. I offer entry signals to trade each cryptocurrency.

All three cryptocurrency pairs covered in the article are rising in the final waves of the upward double zigzags.



Elliott wave Bitcoin analysis



The BTCUSD market is forming a simple descending zigzag [A]-[B]-[C], with the first wave [A] completed inside as a bearish impulse composed of five major sub-waves (1)-(2)-(3)-(4)-(5). The market is now rising in the upward corrective wave [B] as a double zigzag (W)-(X)-(Y). The first two sub-waves (W) and... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/jtnXa Open / Comment

2021-12-14 18:35:12 How many analytics sites do you know? Check yourself!



Open / Comment

2021-11-12 15:37:42 Change of commission on crypto assets in ECN accounts

Dear clients,

Please note that another type of commission calculation will apply to crypto trading in ECN accounts.

From Friday 12 November 2021, commissions on cryptocurrency pairs will be calculated as 0.12% of an asset's price.

Commission calculation formula: Commission = Volume × Contract size × Market price × 0.12/100).


Calculation examples: 

Commission for BTCUSD BUY 1 lot = 1 × 1 × $65400,00 × 0.12 / 100 = $78.48
or
Commission for EOSUSD BUY 2 lots = 2 × 100 × $5,054 × 0,12 / 100 = $1,21296


Please consider this information when making trading decisions. These commissions will apply... Read more here: http://amp.gs/jYz0D Open / Comment

2021-11-12 15:25:02 The long-awaited detailed analysis of the precious metal is already on our channel!



Open / Comment

2021-11-12 14:17:59 XAUUSD: Elliott wave analysis and forecast for 12.11.21 – 19.11.21

Main scenario: consider long positions from corrections above the level of 1758.95 with a target of 1960.00 – 2075.27.

Alternative scenario: breakout and consolidation below the level of 1758.95 will allow the pair to continue declining to the levels of 1720.60 – 1673.63.

Analysis: Daily chart: an ascending third wave of larger degree (3) is formed, a descending correction developed as the fourth wave (4), and the fifth wave (5) appears to be unfolding, with the first wave of smaller degree 1of (5) formed inside. H4 chart: apparently, a corrective wave 2 of (5) is completed, and wave 3 of... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/jYzRp Open / Comment