Sentences with phrase «set take profit levels»

Not exact matches

On this trade I used the daily chart, or anchor chart, to mark the important horizontal levels, I then zoomed into the hourly chart and found a price action entry, and I set up the stop loss and a take profit order of 3 to 1.

If that distance lines up with a predefined horizontal level, that's where I'll set my order to take profit.

Use the volatility analysis tool to assess risk when setting take profit and stop loss levels and provide statistical information about price volatility for forex, precious metals, and CFDs on commodities, indices, and bonds.

But by taking into account the current levels of profit margins, a different set of expectations develops.

The mobile version of the popular trading platform provides everything needed to perform trading operations, send pending orders, as well as to set protective Stop Loss and Take Profit levels.

A common forex trading strategy uses Forex support and resistance levels to set the placement of stop loss and take profit limit orders.

Support and resistance levels are important indicators that can be used to set stop loss and take profit orders using technical analysis.

The logic behind my decision to trade without a stop loss was / is that if i set a short take profit level, say, 20 pips, there are higher chances that the market will hit that level than the chance of it going to say, 100 pips against me.

You also have to know, how to set the stop - loss and take - profit levels.