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How is the Best Entry and Exit in Forex Trading?

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Vernalta

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In my opinion, a good way to open a position is to use a pattern where there are lots of patterns, whether it's a graph or a candlestick, accompanied by an indicator, maybe you can get a good entry.
#421 - September 20, 2023, 12:14:03 AM

Dyandra

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In my opinion, the best way I can make an entry is when I find a correction area where an up or down trend will form, that's where I will open a position using a candlestick pattern.
#422 - September 21, 2023, 12:39:25 AM

Ikhtiar

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In fact, you can get the opportunity to make a profit in Forex at any time without having to worry about clashing with office hours or time with your family. so wait for the right time to enter the market.
#423 - September 21, 2023, 12:42:39 AM

Vernalta

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so that you can make a good entry, you must be able to use candlesticks as a pattern. You must also be able to use graphic patterns to confirm the area to open the position correctly and of course wait for the correction.
#424 - September 22, 2023, 01:00:54 AM

Dyandra

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The most important thing here, before you open a position, is to make sure you use a more comfortable trading method to carry out analysis, especially in correction areas or support resistance areas.
#425 - September 23, 2023, 04:51:02 AM

Vernalta

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If you want to open a good position then you must be able to wait for clear momentum such as indicators or using candlesticks. because in my opinion a good entry determines the results
#426 - September 24, 2023, 07:02:43 AM

Dyandra

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The way to trade with confirmation indicators or with candlesticks is better for opening positions and you also have to continue practicing using a demo account so that you understand how to enter the market well.
#427 - September 25, 2023, 07:17:35 AM

Vernalta

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Don't be confused about opening a position, the important thing is that you are sure of your technique. You are sure of your analysis, then do an open position. I suggest using Fibonacci to measure corrections. When you want to open a position
#428 - September 26, 2023, 07:13:08 AM

Dyandra

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so that you can open a position well, you have to follow the direction of the trend and you have to wait for the right momentum to open the correct position, don't immediately open a position
#429 - September 27, 2023, 07:13:16 AM

Ikhtiar

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A good way in my opinion is when your stop loss is touched but you calculate it from the start, then it is likely that this will make your account last quite a long time.
#430 - October 11, 2023, 01:44:06 PM

aizafx

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Quote from: Ikhtiar on October 11, 2023, 01:44:06 PM
A good way in my opinion is when your stop loss is touched but you calculate it from the start, then it is likely that this will make your account last quite a long time.
Yes, the most important in trading is discipline in using stop loss with a strict of risk management plan, because after throwing a new order in the market, we don't know if the price will rise or decline, but when traders do not use stop loss, the last risk is they ready to face margin call account.
#431 - October 11, 2023, 09:10:16 PM
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