This section presents a small collection of forex exit strategies. The strategies are not classified or arranged in some sort of clusters, nevertheless, all of them rely on so-called forex technical analysis. In other words, the strategies are based on the behavior of the underlying currency relative to each other and do not include economic aspects involved in the dynamics of the currency pairs such as trade, capital flows, interest rates, inflation, unemployment and other parameters by which the country’s economics is usually characterized.
Although, all these items, as well as the current economic news are important, they are subject of a (possibly long term) fundamental analysis which lies outside the subject of this chapter. This section presents a collection of simple forex exit strategies suitable for skilled beginners of forex and intermediate players.