Thursday, November 28, 2013

Examples of transactions in the forex

At this time we will learn how to trade or open position in the market on Metatrader charts. Well understood and practiced in your demo account ..

Press the F9 key to order in Metatrader, or CLICK 2x on its currency in the Market Watch screen

Suppose you want to open sell position on the EURO / USD

 



At 6 pm the position of EUR / USD at a price of "Bid / Ask = 1.3776/1.3778

Bid (Sell) = 1.3776, Ask (Buy) = 1.3778

explanation:
Symbol: the name of the currency to be traded
volume: the lot size is used, the standard account is 0.10 that means every price movement is worth $ 1.

0.2 if it's one point worth $ 2, and so on.
Stop loss is stopped automatically at prices so (that is loaded) to minus position.

Take Profit is stopped automatically at prices so (loaded) for the position plus. To fill, easy, that's no small arrow next to them for setting the price at our mengambilprofit automatically (if the price touched), before you have to click the first "copy as".
Clear the Comment wrote ah, no coment
Type: Well there are several options ...
Instant Execution was to take short positions or buy to live in love, just click what you'd like to buy or sell traded. Now it is under buy sell to the click as the "brush" profit or loss discard.
Pending Order that for the price of the message. Read wrote in a posting on this blog wrote it?
Multyple close biarin wrote it, do not need to be discussed. not important.

You will open a sell position for example,
(At that time we order pairs of the position of the Bid (Sell) at rate 1.3776), and afterwards in our portfolio will account directly (minus) -2 floating point spread because there is this difference. (the difference between his buy and sell prices)

Then after that in the hours of 7 pm position EUR / USD turns into:
Bid (Sell) = 1.3756, Ask (Buy) = 1.3758

In this example, we will get a profit of 1.3776 - 1.3758 = 18 pips / points

  • If we order the Bid (Sell), and then if its ask price (Buy) move down smaller than the original price of our Bid, then we will get the profit.

  • When you order with Ask (Buy), and then if its Bid (Sell) to move up beyond the original price of Ask us, then we will get the profit.

  •  But if otherwise it will Loss (or Floating Loss)


Floating prices is if we have not diclose position (diliquid to be realized) and still in a position to move the floating market.

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