Open Financial Positions

"Active transactions, transactions or buying and selling activities carried out based on market prices and positions that have not been liquidated."

Open position is opening a transaction or activity either buying or selling on a certain currency pair, this is the first step when doing a forex trade, to enter the market an open strategy is needed so that you can enter the market correctly, through an open position it can make it easier for a trader to make decisions especially when the market is in erratic movements.

Open positions are usually carried out at the beginning of the transaction, if there is a difference between the selling price and the buying price which is described positively, it can be said that the transaction is profitable, so the price must also have a higher value than the buying price, and vice versa if the selling price is lower than the buying price the transaction will suffer a loss.

Open Position Type
1. Long Position.

2. Short Position.

Position Open Function

Strategies to enter the market more precisely
An easy way to see and know the lines of the Support and Resistance areas
The basis for determining the transaction
Open Position

For a novice trader, he usually still has difficulty when it's the right time to open a position, there are several ways you can do that, namely recognizing market trends; analyze forex and prepare money management.