HOW TO SET TAKE PROFIT AND STOP LOSS

For long(buy) position

Mfano umebuy EURUSD price 1.5743

Unapanga TAKE PROFIT iwe pips 30 na STOP LOSS iwe pips 30

EurUsd buy 1.5743

Entry point ni 1.5743

T.p(30pips)=(1.5743+1.0030)=1.5773

S.L(pips 30)=(1.5743-1.0030)=1.5713

kwa long(buy) position profit target inakuwa juu ya entry point(that y nimejumlisha)

STOP LOSS inawekwa chini ya entry point(that y nimetoa)

FOR SHORT(SELL) POSITION
eg NzdUsd sell price 0.8138

unaamua TAKE PROFIT iwe 60 pips na STOP LOSS 30 pips

entry-0.8138
tp(60pips)=(0.8138-0.0060)=0.8078
S.L(30pips)=0.8138+0.0030=0.8168

kwa short(sell) position PROFIT TARGET(TP) inakuwa chini ya entry point (that y nimetoa:point_up_2:) na STOP LOSS(S.L) inakuwa juu ya entry point (that y nimejumlisha):point_up_2:

NB: STOP LOSS NI MUHIMU ITAKUSAIDIA USIUNGUZE ACCOUNT YAKO(BLOW ACCOUNT) KWA SABABU UNAPOTRADE FOREX HUWEZI KUWA SAHIHI MUDA WOTE: