Donald J. Trump

Trump is the 45th and current president of the United States. Before entering politics, he was a businessman and television personality.

Technical Analysis Forex

Technical analysis is the study of historical price action in order to identify price patterns and determine probabilities of future price movements in the market. For the technical analysis traders use price charts in different time frames, specific indicators and other analysis tools.

Trading Plan

A trading plan represents a trader’s personal approach to trading and is a roadmap for how to trade. The plan is written down and followed on a daily basis.

Trailing Stop

A trailing stop is a modification of a typical stop loss order that can be set at a defined percentage or pip amount, for example 15 pips. It is designed to lock in profits or limit losses as a trade moves favorably. A trailing stop is typically placed at the same time the initial trade is placed. For example, if we set the trailing stop at 15 pips, it trails the initial stop-loss 15 pips favorably as soon as our trade is 15 pips in profit. The use of a trailing stop reduces a loss when a trade moves favorably and we are not able to monitor and control our trade manually.