How To Take Profits in Forex Trading?

moonchild

VIP Contributor
Taking profits is not a popular topic in forex because most people adhere to risk to reward ratios where taking profits is pretty much systematic, but if you're trading paying attention to key levels where markets might stall is a good indicator to taking profits.

Also when you're in a trade pay attention to the market structure you can start getting ready to take profits when you realise there's a break of structure from uptrend to downtrend or vice versa you should also pay attention to news, when a volatile news release is coming up, it's advisable to take your profits.
 
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