nothing special for sells.
nothing special for sells.
So, from our example prices above you would then enter your entry
to go long at 1.3270 (buy), and your stop at 1.3250(sell). Now your
risk on this trade is 20 pips. Since your limit is a “sell” you don’t
add any pips to this price.forex sato
So far we have only been discussing price moves that go up. Again,
I’ve explained everything for upward moves for sake of
convenience, and everything I said is true for downward moves, just
reversed. To make sure you understand a downward move and how
you would add your spread I’ll redo the example, using the same
price numbers, just for the reverse.forex sato
Your high is 1.3265 and low is 1.3250. You will place an entry
order to sell at 1.3250 without adding any pips. Your stop however
is 1.3270, since it’s a “buy”. Whereas in the previous example your
limit was a “sell” so you didn’t add pips, in this case your limit is
now a “buy” so you do add your spread. Let’s say you are aiming
for a 20 pip profit then your limit would be at 1.3230.
Please re-read this section a few times to fully comprehend all of
this.forex sato
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