BASIC CLASS BY FABIO
Enjoy!!🥳
Enjoy!!
Fabio Education
@fabioeducation
Fabio Education (English)
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Fabio Education
06 Apr, 19:12
This video is guide for newbie to follow & learn how to use MT4.
✅Select all pair or search pair
✅Function for all button at Mapping view
✅To set all setting TP ( takeprofit ) or SL ( stoploss )
✅Function to select order and market movement
✅news & market information
✅Select all pair or search pair
✅Function for all button at Mapping view
✅To set all setting TP ( takeprofit ) or SL ( stoploss )
✅Function to select order and market movement
✅news & market information
Fabio Education
07 Mar, 17:30
Also refer to the picture above 👆🏻:
- Set Stop-Loss (SL) to the level above the current price for short positions and to the level below the current price for long positions. It is a BUY STOP for your SELL TRADES and a SELL STOP for your BUY TRADES.
- Set Take-Profit (TP) to the level below the current price for the short positions and to the level above the current price for the long positions. It is a BUY LIMIT for your SELL TRADES and a SELL LIMIT for your BUY TRADES.
Pending orders are very convenient because SL & TP will triggered automatically . Especially for those who does not have time to always look at your device.
- Set Stop-Loss (SL) to the level above the current price for short positions and to the level below the current price for long positions. It is a BUY STOP for your SELL TRADES and a SELL STOP for your BUY TRADES.
- Set Take-Profit (TP) to the level below the current price for the short positions and to the level above the current price for the long positions. It is a BUY LIMIT for your SELL TRADES and a SELL LIMIT for your BUY TRADES.
Pending orders are very convenient because SL & TP will triggered automatically . Especially for those who does not have time to always look at your device.
Fabio Education
07 Mar, 17:00
1- STOP ORDERS ( expecting that the trend STAY THE SAME)
- Buy Stop is a pending order to buy a currency pair (open a long position) at a level, which is above the current price.
- Sell Stop is a kind of a pending order used to sell a currency pair (open a short position) at a level, which is below the current price.
2- LIMIT ORDERS ( expecting that the trend WILL REVERSE )
- Buy Limit is used if you want to buy a currency pair (open a long position) at a level, which is below the current price.
- Sell Limit should be used when you want to sell a currency pair (open a short position) at a level, which is above the current price.
- Buy Stop is a pending order to buy a currency pair (open a long position) at a level, which is above the current price.
- Sell Stop is a kind of a pending order used to sell a currency pair (open a short position) at a level, which is below the current price.
2- LIMIT ORDERS ( expecting that the trend WILL REVERSE )
- Buy Limit is used if you want to buy a currency pair (open a long position) at a level, which is below the current price.
- Sell Limit should be used when you want to sell a currency pair (open a short position) at a level, which is above the current price.
Fabio Education
07 Mar, 16:56
WHAT IS PENDING ORDER ?
A pending order is an order to buy or sell a currency pair, which is executed in the future when the price reaches the specified level.
The order will be executed automatically. Even when the your device is off
We can say that this type of orders is a trader’s insurance.
Usually, The concept of pending orders can seem somewhat complicated and hard to remember where to put an order for newbie.
There are 2 groups of pending order.
1- Stop orders
2- Limit orders
Details is shown below 👇🏻
A pending order is an order to buy or sell a currency pair, which is executed in the future when the price reaches the specified level.
The order will be executed automatically. Even when the your device is off
We can say that this type of orders is a trader’s insurance.
Usually, The concept of pending orders can seem somewhat complicated and hard to remember where to put an order for newbie.
There are 2 groups of pending order.
1- Stop orders
2- Limit orders
Details is shown below 👇🏻
Fabio Education
01 Mar, 10:30
All this Chart patterns are arguably one of the most popular tools of technical analysis.
However, you must make sure that you are using forex chart patterns not only to generate trades but also to turn those trades into income. You must have a trading plan if you want to be profitable.
This will helps you figure out how to leverage different forex chart patterns. Once you know which chart patterns you like, you can perform backtesting to understand them even better and figure out the best way to trade them. 😎
However, you must make sure that you are using forex chart patterns not only to generate trades but also to turn those trades into income. You must have a trading plan if you want to be profitable.
This will helps you figure out how to leverage different forex chart patterns. Once you know which chart patterns you like, you can perform backtesting to understand them even better and figure out the best way to trade them. 😎
Fabio Education
01 Mar, 10:25
Fabio Education
01 Mar, 10:25
Fabio Education
01 Mar, 10:23
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