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Forex Trading What Is An Entry Trigger | Class 101
In forex trading, an entry trigger is a specific set of conditions or signals that a trader looks for to initiate a trade. It serves as a predefined criterion or indicator that helps a trader determine when it's an opportune moment to enter the forex market. Entry triggers can vary based on different trading strategies and may involve technical analysis, such as specific price levels, chart patterns, or indicators, as well as fundamental analysis factors. Traders often use entry triggers to make informed decisions and increase the likelihood of entering trades at favorable points.
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