Forex manager account management experience and trading insights sharing：MAM & PAMM | Breakout Strategies for Forex Trading | When to Use? | When not to use it?
Normal currency exchange often does not bring great fluctuations to the international currency market. Without the main force participating in the trend and without large funds entering the market, the trend will hardly extend very far. Countries around the world are regulating and intervening in their own currencies, hoping that their economies will be more stable, and their currencies will rarely experience large fluctuations. Therefore, it will be difficult for currency breakout trading strategies to succeed in the forex market. It is a very wise choice for smart investors to constantly look for hot currencies and find trading opportunities suitable for breakout strategies. During a period when the trend of a certain currency pair is very strong and the breakout trading strategy has a high probability of winning, the trading method of hanging stop orders and waiting for breakout that is used to capture the beginning of a big trend starting. In a strong downtrend, place sell top order at the bottom of the one-hour candlestick chart. In a strong uptrend, place buy stop order above the one-hour candlestick chart. The trading logic is very simple: even if there is a false breakout and the trend retraces, driven by the strong trend, the trend will extend again, and the stop order position can quickly break away from the cost and turn losses into profits. If the trend retraces, your stop order is in front of the trend, and there is no risk of your stop order going short.
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13711580480@139.com
+86 137 1158 0480
+86 137 1158 0480
+86 137 1158 0480
Mr. Z.X.N
z.x.n@139.com
China · Guangzhou
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