Oanda forex is a highly popular trading platform that allows users to make transactions in various currencies throughout the world. While many people prefer to use a mouse to navigate through the platform, there are many who prefer to use the keyboard to make transactions. In this article, we will explore how to make transactions using the keyboard on Oanda forex.
Step 1: Open an account with Oanda forex
The first step in making transactions on Oanda forex is to open an account with them. This can be done by visiting their website and following the instructions provided. Once you have created an account, you will need to log in to your account to start making transactions.
Step 2: Navigate to the trade window
Once you are logged in to your account, you will need to navigate to the trade window. This can be done by clicking on the ‘Trade’ tab in the navigation menu located at the top of the screen. Once you have clicked on the trade tab, you will be taken to the trade window.
Step 3: Select the currency pair to trade
Once you are in the trade window, you will need to select the currency pair that you want to trade. This can be done by clicking on the currency pair that you want to trade in the ‘Market Watch’ section of the trade window. Once you have selected the currency pair, you will be taken to the trading screen for that currency pair.
Step 4: Enter the trade details
Once you are on the trading screen for the currency pair that you want to trade, you will need to enter the trade details. This can be done using the keyboard. To enter the trade details, you will need to use the following keys:
– ‘B’ to buy the currency pair
– ‘S’ to sell the currency pair
– ‘+’ to increase the trade size
– ‘-’ to decrease the trade size
Step 5: Enter the stop loss and take profit levels
Once you have entered the trade details, you will need to enter the stop loss and take profit levels. This can be done using the keyboard. To enter the stop loss and take profit levels, you will need to use the following keys:
– ‘T’ to set the take profit level
– ‘S’ to set the stop loss level
Step 6: Confirm the trade
Once you have entered the trade details, stop loss and take profit levels, you will need to confirm the trade. This can be done using the keyboard. To confirm the trade, you will need to use the ‘Enter’ key.
Step 7: Monitor the trade
Once the trade has been confirmed, you will need to monitor the trade. This can be done by navigating to the ‘Open Trades’ section of the trade window. Here, you will be able to see the status of your trade and make any necessary adjustments.
In conclusion, making transactions using the keyboard on Oanda forex is a simple and effective way to trade currencies. By following the steps outlined above, you can easily navigate through the platform and make transactions with ease. Whether you are a seasoned trader or a beginner, using the keyboard to make transactions on Oanda forex is a great way to improve your trading experience.
