Stop loss and new order.

BINOTRADER

Active Member
21 Feb 2021
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THEO-007
Euro against Swiss franc.

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Last edited:

BINOTRADER

Active Member
21 Feb 2021
501
79
28
THEO-007
We will watch it.
We ask the dotted black to fall under the green.
I did not put a stop loss as I watch it closely.
We said that each candle is four hours long, so for each day that it will be open we will have six candles.

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Last edited:

BINOTRADER

Active Member
21 Feb 2021
501
79
28
THEO-007
Well here is an example of a stop loss that saves you from uncontrollable situations.
One thing the binary option does not have.
There, if you open an order, you will either win or lose.
There is security here.
Yesterday I saw this formation that I posted above and that looked like a double top.
I entered the green line with a command.
I did not put stop loss because I was watching it.
Before I left I saw that the price was going up and down a little higher than where I entered.
I decided to put a stop loss with a loss of 3 euros just above the top at the red point for safety.
And as you can see, the price broke the stop loss, the order closed with a loss of 3 euros, but the exchange rate is under monitoring.
If it starts and falls I have to place an order at the point where I had put the stop loss and a little above.
This will be done because if the price falls below the stop loss I will start to get my money back as I lost it but I will have neutralized the spread, ie the company's supply.

JPG.jpg
 

BINOTRADER

Active Member
21 Feb 2021
501
79
28
THEO-007
We never give up a good formation even when a movement did not come out.
So I watched him to the top.
The big wick is visible, I entered with a fall and I have already taken out all the losses but I am already winning.

JPG.jpg
 
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