How to trail stop loss in forex trading
In order for you to trade this forex strategyyou need to know what an outside bar pattern looks like. The outside bar is a two bar or candlestick pattern.
Trailing-Stop/Stop-Loss Combo Leads To Winning Trades
The outside bar or candlestick is a candlestick that has its shadows engulf the bar candlestick before it. Now, the outside bar has other names too. It can be also called a bullish engulfing or bearish engulfing candlestick pattern. Refer to the chart below on how to trade the outside bar forex trading strategy:.
The chart above, show the trade setup for a buy order.
For a sell setup, it will be the exact opposite. Menu Simple Forex Trading Strategies Price Action Trading Course Price Action Trading Strategies FX Trading Signals. Price Action Trading How to trail stop loss in forex trading. Prev Article Next Article.
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