Transactions Forex he There are two types of transactions open position (open) and the post transaction (Close) closed.
When the open position is a choice only 2 buying and selling. Buy resources for buying and selling means selling
While forex trading is :.
BUY Close
or
SELL it ago Close
Rules:
If you BUY and prices INCREASED then you close, you GAIN
If you BUY , then prices DOWN then you close, you LOSS
If you SALE , then prices DOWN then you close, you GAIN
If you SELL and prices INCREASED LOSS then you close, you
to , if the price would Naik please open BUY position. Similarly if the price is down please open a SELL position
Moreover, after the operation that opened the result is profit, then you have to do East:. Close Position (close)
How to open a position: right click on the Metatrader box is left blank, select trading, select New Order, and then select Buy or sell
How to close a position: right click transaction number one position that is already open and select Close / Liquidation
Forex transactions were made in metatrader, s' so it pleases you first log in using MetaTrader account number and password, and choose the appropriate server when creating forex account.
How to connect to MetaTrader, click the File menu (top left) and select Login and enter your account number and password.
here overview of how to transact foreign exchange open BUY position and close it. About how to open a SELL position was almost similar to open BUY position.
In forex trading before the transaction should analyze expensive up or down. How could with technical analysis (please learn technical analysis).
The steps open long positions open:
1. Conduct an analysis. Estimate the price chart up or down.
In the image below, we see that the position of the last candle formed a hammer and took place in the state of oversold / oversold. Hence, we can predict that the price will reverse the upward direction.
2. After forecasts, it was confirmed ride, we took the decision to open a buy position. How to right click on a blank area of the map. The first choice is highlight "Trading" and click the "New Order."
3. When the command window opens, set the parameters for our Order:
- Symbol: is a kind of currency being traded
- Volume: number of which will be addressed
- Stop loss: should the empty. If you want to use it could be by the order of change
- Take advantage: Also leave blank the first
- Type : Select instant execution, because we make a purchase directly, not orders.
Then click the "Buy"
4. If the command is executed successfully, a confirmation window appears and click "OK"
5. After that appear on the chart the green line indicating the price purchase
6. After a while, it is true that the stock moves up. this means that we correct predictions. In the end section (below), we can see how floating profit or floating on the case.
7. If you feel that the benefit reaches the desired target, to become a true profit, then we have to close our position. How to right click on the ID order number, and select "Close Order"
8. Next in the confirmation window appears, click "Close"
9. Click "OK" to confirm the closure of
10. If the order is successfully closed, the green line on the graph will disappear, and we could see the results of its profits on the history menu transactions at the terminal.
which means the opening of an open buy-position in forex trading