Lot of questions being asked to me.. how we can close EURCHF positions.
How to close open position (High leverage) 1.2050-1.2060 price
1) if you have more money to put open similar position 1.2010-11 and close 1.2020 weekly
You have to do 3 times to book profit and than book losses on existing position so you will be equal
I think it could take 3 weeks to do.
If you are lucky, you may able to average out at 1.2030 at one shot and close all the positions
Still want to trade this pair after closing , you can open at new levels.. less tension as no losses seen on current trade
2) You don't have margin to open new trade. I recommend closing this trade at 1.2020 and since you will looses 3-4k at one shot you may
not have margin to open same big position. You may have to do 5 times above with smaller position to recover
3) If you still have margin,make profit in other pairs, how much profit you make. reduce that much position from it so you will have zero loss/profit
Also, you have closed the position slowly
Well, I have closed mine similarly earlier.. now waiting for buy orders.
What you guys think on above.. which you think will work most likely for you if at all you have to go with one.
How to close open position (High leverage) 1.2050-1.2060 price
1) if you have more money to put open similar position 1.2010-11 and close 1.2020 weekly
You have to do 3 times to book profit and than book losses on existing position so you will be equal
I think it could take 3 weeks to do.
If you are lucky, you may able to average out at 1.2030 at one shot and close all the positions
Still want to trade this pair after closing , you can open at new levels.. less tension as no losses seen on current trade
2) You don't have margin to open new trade. I recommend closing this trade at 1.2020 and since you will looses 3-4k at one shot you may
not have margin to open same big position. You may have to do 5 times above with smaller position to recover
3) If you still have margin,make profit in other pairs, how much profit you make. reduce that much position from it so you will have zero loss/profit
Also, you have closed the position slowly
Well, I have closed mine similarly earlier.. now waiting for buy orders.
What you guys think on above.. which you think will work most likely for you if at all you have to go with one.