Forex Chart

Our Forex site, Forex-ForProfit.com has this chart showing how forex trading software is used to assist the novice or expert in making trades.
Here you can see a successful trade - it selected a trade that made a gain of 171 pips in under 12 hours on the EUR/USD exchange.

In the chart, you can see how this happened...

- Line #1 is the trend line that was spotted.

- Line #2 was where the 'break-out' occurred and where the trade was started.

- Line #3 is where the initial profit of $300 was taken.

- Line #4 is the point where after placing a 'rolling stop-loss' on the trade to secure our initial profit, an exit was made at 1.436 for a total profit of $1710. ($10 per point)
Forex-ForProfit.com

Category:

Howto & Style

Tags:

• forex
• trading
• software
• foreign
• exchange