TopicGetting Started In Forex
In order to implement any of the above options, you need to have Meta Trader Mathfx Pro platform loaded on your computer system. By the way, you need to have a high-speed internet connection and a computer with Windows XP or newer operating system.Revolutionary FX is the basic offering that does show some promise, but you do need to be in close proximity of your computer so that you can implement pending orders. If is fairly easy to install if you can follow directions and know how to navigate around your computer and can copy files to various directories on your systems hard drive.After everything is loaded properly and you have picked the currency you wish to trade and the time-frame in which you wish to trade it, you should apply the template to your chart. When you receive a recommendation for a trade, you are provided information for two (2) trades which consists of a long trade (buy) and a short trade (sell) trade. You should implement these as pending trades.
This version provide you with the suggested entry prices, suggested StopLoss exit https://www.linkedin.com/pulse/math-fx-pro-review-mathfxpro-surya-kumar points and the suggested take profit exit points for both the long and short positions. You simple input these settings as pending order for a buy stop order and a sell stop order.With the basic version you do need to learn a few rules such as when you first install it or the displayed suggestion is an old signal, do nothing and wait for a new signal. Via the manual you will learn how long to leave the pending orders open and when they should be closed.Just like there are times that are better to use Revolutionary FX, there are also times that you should not use it. You are provided with examples when you should not trade it. By the way, we are not talking about certain times of the day, but the way the market is behaving.If you are close to your computer when you are home, Forex Revolution FX has some promise. Because you set the orders as pending, with a take profit / StopLoss settings you are not tied to your computer and this semi-automated trading system may be for you.
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