We're also a community of traders that support each other on our daily trading journey. Another way to exit is to have a set target, and exit when the price hits that target. For example, some traders choose support and resistance levels as their targets. One of the forex traders here in BabyPips.com, Pip Surfer, believes that it is best to wait until a candle closes before entering. Of course, there are many other ways forex traders spot trends, but moving averages are one of the easiest to use.

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ProOpticus will release its second generation electronic trading platform “Reason 2” in the fourth quarter of 2016. Reason 2 will integrate automated trading features accompanied by the valuation and risk components that trading and risk professionals have relied on for over twenty years. The latest product offering from OptionsCity is City Execution, a futures and options execution application built directly into the Thomson Reuters news and analytics platform, Eikon. Eikon clients can realize significant savings by eliminating a third party platform and accompanying market data fees. City Execution integrates seamlessly into Eikon so the user experience feels native to the application.

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The caliber of each platform can be evaluated by execution, access to routes, stability, support and trading specific features. eSignal is an all-in-one trading platform with full customization and intuitive interface. The new trade manager allows users to view in real time the current market depth to effectively place trades and manage orders quickly.

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