How to open an open buy position

Forex transactions that there are 2 types of open transaction position (open) and close transaction position (Close).

When open position there are 2 options are BUY and SELL. Buy means to buy, and Sell means to sell.

So forex trading it:

BUY then Close

or

SELL and Close

Rules of play:

If you BUY then price then CLAIK CLICK then you are Lucky

If you BUY then the price DOWN then you CLOSE, then you LOSS

If you SELL then price DOWN ago you CLOSE, then you are LUCKY

If you SELL then the price CLICK ago you CLOSE, then you LOSS

So, if the price want to rise please open your position BUY. And if the price will Down please open your SELL position.

Furthermore after the transaction is opened the result of profit, then all you have to do is Close Position (Close)

How to open a position: Right click on kososng metatrader area, select Trading, Select New Order, then choose BUY or SELL

How to Close position: Right click the transaction number of the opened position, then select Close / Liquidate

Forex transactions are done in metatrader, so please you first log into metatrader using account number and password and server choice as when creating a forex account.

How to login to metatrader, click Menu File (top left), then select Login, then enter the account number and password.

Here is an overview of how to perform forex transactions opened BUY position and then closed it. Regarding how to open a SELL position is almost similar to opening a BUY position.

In forex trading before conducting a transaction should first analyze the price going up or going down. How it can be with technical analysis (please learn technical analysis).

Here are the steps to open open buy position:

1. Analyze. Expect price chart to rise or want to go down.

In the picture below we see that the last candle position formed Hammer and occurs in oversold / oversold condition. From here we can predict that the price will reverse direction rise.

 2. After the prediction is up, we take the decision to open a buy position. The trick right click on the empty chart area. At the top of the "Trading" highlight then click "New Order".

 3. After the order window opens, set our order setting:

- Symbol: is the type of currency to be transacted

- Volume: number of transactions

- Stop loss: should leave blank. If you want to use it can through modify order

- Take profit: Also leave empty first

- Type: Select instant execution, because we make a direct purchase and not a pending order.

Then click the "Buy"


 4. If the order is successfully executed, a confirmation window appears and click "OK"

 5. After that it will appear on the green line chart that signifies the purchase price

 6. After a while, it turns out that the chart is moving up. meaning our predictions are correct. At the terminal (bottom) we can see how much floating profit or profit floating our transaction.

 7. If you feel the profit has reached the desired target, in order to be a real profit, then we must close our position. The trick right-click on the order ID number, then select "Close Order"


 8. Next on the confirmation window that appears click "Close"


 9. Click "OK" to confirm closing


 10. If the order successfully closed, then the green line on the graph will disappear, and we can see the results of his profit obtained in the transaction history menu in the terminal.

 That is how to open open buy position on forex trading