Foreign exchange manager strategy:Buy limit | Buy stop
In the process of rising general trends, there are only two useful methods in trading: buy limit | buy stop. Buy stop means buying when the price breakouts near the resistance area of the previous high. This is the most advantageous method for short-term buying. Buy limit means buying when the price retraces to the support area of the previous low. This is the most advantageous method for long-term buying.
Strategy animation demonstration
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Strategy picture display
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