To close a forex trade manually, you can follow these general steps:
Locate the trade: Identify the specific trade position that you want to close. You can typically find your open trades in the trading platform’s “Open Positions” or “Trade” tab.
Select the trade: Click on the trade position you wish to close to highlight or select it. This action will usually bring up a menu of available options for that trade.
Choose the “Close” or “Close Trade” option: Once you’ve selected the trade, look for an option that allows you to close the trade. This option is usually labeled as “Close,” “Close Trade,” “Close Position,” or represented by an “X” symbol.
Confirm the closure: After selecting the “Close” option, a confirmation window may appear. Review the details of the trade, such as the trade size, current price, and potential profit or loss. Ensure that you are closing the correct trade position and that you are satisfied with the result.
Submit the closure: If you’re ready to proceed, click on the “Close,” “OK,” or “Submit” button to confirm the closure. The trade position will be closed at the current market price.
Verify closure: Once the trade is closed, you should see the position disappear from your “Open Positions” or “Trade” tab. The closed trade will typically be moved to your trade history or a separate “Closed Positions” tab.
It’s important to note that the specific steps and options for closing a trade may vary depending on the trading platform or broker you are using. Familiarize yourself with the platform’s interface and features, and if needed, refer to the platform’s user guide or contact customer support for assistance.