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How To 'Stack' Trades In Forex Trading
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[QUOTE="moonchild, post: 307637, member: 57467"] Yeah, it is true, it is not for beginners though because you'll first have to identify the currency pair you want to trade and this can be based on a variety of factors, like market trends and price action. and once you've identified your currency pair, you'll want to determine your entry points - this is where you'll 'stack' your trades and this can be pretty much hard for a beginner. But then are a lot of different technical indicators and chart patterns you can use to identify key levels of support and resistance, as well as potential breakout points. once you've identified your entry points, you can stack your trades easily Setting your stop loss and take profit levels is really important in stacking and I cannot say this enough, because it helps you manage your risk and avoid losing more than you can afford which is the issue for most beginners. [/QUOTE]
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How To 'Stack' Trades In Forex Trading
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