Order that tells currency traders when to close out their current position to achieve a profit based on the exact rate or number of pips from the current price point. Currency traders who use a take profit order are able to secure profits to limit losses if the direction of the market shifts.

Related information about take profit order:

1. Take-Profit Order (T/P) Definition | Investopedia
   An order used by currency traders specifying the exact rate or number of pips from the current price point where to close out their current position for a profit.
    
2. What is a Take Profit Order
   A take profit order is an order that closes your trade once it reaches a certain level ... When your take profit order is hit on a trade, the trade is closed at the current ...
    
3. What is take profit order? definition and meaning
   Definition of take profit order: Order that tells currency traders when to close out their current position to achieve a profit based on the exact rate or number of pips ...
    
4. Stop Loss and Take Profit orders - Alpari (UK)
   The "Take Profit" order on an open Buy position is executed if the Bid price in the quotes flow becomes equal or higher than the order level. The "Stop Loss" ...
    
5. Take Profit Order - the Best Forex Trading Signals
   Take-profit order in FOREX lets you fix profit at the predicted price level, when market reaches it. Take-profits are very convenient, and in combination with ...
    
6. How to set the take profit order?
   Setting take profit orders works similarly to stop loss orders.
    
7. When to Use a Take-Profit Order - MoneyShow.com
   Nov 21, 2012 ... The reverse of a stop-loss order is the take-profit order, and Christopher Lewis of Forex.com offers tips on its best use.
    
8. What is a Take Profit Order | General Forex Knowledge
   Jan 17, 2012 ... A take profit order is an order that is used by forex traders to specify the actual rate or number of pips from the point of the current price to the ...