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What is a stop loss?This is a trading parameter that let's you define the closing price of your trade, and the trade will be closed at this level automatically. In other words, once you have placed a stop loss, you can rest safe in the knowledge that you will not lose more than you expect. This may not necessarily be applicable every time, as sometimes the market behaves erratically and you can see some price gaps. When a price gap happens, your stop loss will not be executed at your predetermined level, but will instead be executed at the next available price– this may result in what is known as slippage. This may sound simple, but it is extremely important. Emotions are a trader's worst enemy.

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I was so lucky that I found forex Catalogs.

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When we combine the price action with this confluence factor, we get great trading opportunities.

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We also focus on cfd brokers such as Plus500 CFDs, FXCM and IG Markets for those looking for more then just currency trading.

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I will also look into technical data over the past several days to figure out what technical movement has been present.