Forex Dealer
ByForex Dealer
( Forex Robot )–FXCM Top Broker Interview–Forex Robot
Question for currency traders. When you place a stop-loss order?
Three hours ago, I sold a lot of NZD / USD and so far and so far I lost 50 pips. How to know when and when times? I hate when I get an oder stop-loss and very Suddenly, the market going and have got my money if I had not placed a stop order. I also remember the concept of dollar cost averaging, where the trend is not the same, the trends are always changing. People need help How do I know when and when times? What should I do with NZD / USD 50 pips me put in the last 3 hours?
Earlier this morning, 0530EST, the American consumer to declare their income and spending report came out surprisingly much higher than expected. This gave the dollar's strength and all XXX / USD currency pair fell, including NZD / USD. Since today the last day of the week, the last day of the month and the last day of the quarter, bankers in New York that the investment of time lunch and head to the bar or golf. His position should not do much until the Asian market opens on Monday (our Sunday evening). Regarding what to do now. I want to keep my eye on developments around the world this weekend and see if something is will be the impact on oil or U.S. dollar. The issue of Iran and the United Kingdom is tense. Any additional pressure position in China could make things tense. I always hated the weekend will be in a position like I was (and I did many times). Now that "Investing in the money instead of "commerce" in the Forex. I teach my clients how to make a good return, using a line conservative hedging strategy, so I do not care if the market goes up or down even make money. Do not guess … no stress. And do it for a weekend much more enjoyable. I hope things work well for you. May all your guesses are good. Paul
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