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Forex — the foreign exchange (currency or FOREX, or FX) market is the biggest and the most liquid financial market in the world. It boasts a daily volume of more than $ trillion (as of April ).

The price starts increasing and the MACD starts trending in a bullish direction. If my trade goes against me when is the best time to stop it? My position was opened with 25USD and at Now look at the chart. Since the trade is long and it is open on a breakout through R2, the target limit order should be placed somewhere above R3 we have no R4 level.

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