Do forex robots actually work? No forex trade robotic will ever be 100% accurate – there are simply too many components at play within the forex market for that to be the case. Nevertheless, there are particular issues to look out for when selecting the very best buying and selling robotic for forex auto trading brokers that can help you inform whether or not it is dependable or not. These are listed below:
1. Mark the significant help/resistance areas.
2. Wait for the value to reach this region, and because it bounces off, you’re taking your position. So if it bounces off a resistance stage, you promote. If it bounces off a assist, you buy.
3. The cease loss must be positioned under the help, or above the resistance level.
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