Forex Fury

Knowing when to enter the market is great, but knowing when to exit the market is even more important. You will not be able to keep your profits unless you exit the market at the correct moment. If you still don’t know when to exit the market, I’m going to share you a valuable tip in this article about how you can stage a well-timed exit using the Parabolic SAR technical indicator.

What Parabolic SAR does is basically mark trend movements with dots.

You can set the technical indicator on and have one more valuable information guiding your moves. With the right timing and support from other technical indicators, timing your exit properly will not be a problem at all.

Reading Parabolic SAR is also very simple. When the dots are below the candles or your price line, it is showing a buy signal. On the other hand, seeing dots above the price line means the market will be making a move towards the opposite direction.

When you have an open transaction and you want to know when to close the transaction to get maximum benefits, watch the Parabolic SAR closely. If the transaction is long, you should wait until the dots cross over the price line and appear above it. If your transaction is short, wait for the dots to cross your price line and appear below it. Very simple, right?

Remember that market conditions are always unique, so use other technical indicators to confirm your move properly before you make your decision.