TRADE VIBE๐ FOREX SIGNALS
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I want to share some keywords that traders always use in forex.
TRADING KEY WORD (short form):-
1. TP = Take Profit
2. SL = Stop Loss
3. MM = Money management
4. BE = Break even
5. MC = Margin Call (total loss)
6. CL = Cut Loss
7. PO = Pending Order
8. Layer = Re-entry
9. TL = Trendline
10. SnR = Support And Resistance
11. SnD = Supply And Demand
12. SbR = Support become Resistance
13. RbS = Resistance become Support
Gold buy @2324 - 2322
SL: 2319
TP1: 2327
TP2: 2228
TP3: 2329
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๐งฒ๐๐ซ๐๐๐ ๐
๐ฅ๐๐ ๐๐๐ญ๐ญ๐๐ซ๐ง๐ฌ ๐๐ข๐ค๐ ๐ ๐๐ซ๐จ
ยป Trading flags after a breakout can provide lucrative opportunities for trend-following traders. Just keep in mind these steps:
๐ธIdentify flag pattern with strong trend and consolidation.
๐ธWait for breakout in trend direction.
๐ธConfirm breakout with volume or momentum.
๐ธEnter trade for continuation of trend.
๐นSet stop-loss below flag pattern.
๐นSet take-profit based on flagpole height or key levels.
๐นManage trade with adjustments and consider trailing stops.
๐To get basic knowledge about forex get our e-book
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