How to Plan Your Trade?

[ahmeddd22]

The MACD is good but in that strategy i will prefer the RSI to replace the MACD since in that chart many wrong and fake signal showed by MACD. Using MA as trendlines and RSI as entry point seems better than wait long time for MACD signal.
thank you

[asif786]

trader ko market main enter hone say pahle trend ko achi trah dakh lena chahiye aor news ko bhi dekhna chahiye. us k bad apni tradeing start kre. agar wo news aor trend nahi dakhe ga to wrong order put ker skta hy jis se us ko loss ka samna kerna parta hy. Forex ak busienss hy es liy kisi bhi business ko kerne ka liy ap ko proper planing ki zrurat hoti hey.

[anytimejancok]

i think planning is petrified to trade, particularly for beginners, you ought to 1st confirm the suitable strategy for your state of affairs then realize an acceptable leverage and pips of stop loss and take profit and confirm that combine are listed.

[mony]

Dear it has been very nice presentation. I felt very nice system. i also use MACD. but i do not have so patience to follow this MACD. i do trade quickly. my teacher tell do not do quickly. i cannot catch my emotion some times.

[jama4206]

if you have good trading plan and good money management then you must get profit but you can also maxizize your profit with trilling profit put your trilling profit first at 15 pips then after 25 you must get good profit .

[buxpir]

mera tyrade kay baray me plan ye he kay jab me ye samjo ga kay mujay ab forex trading par pora aboor hasil ho gia he to me pher is ko regular join karon ga our apnay lay ake nia business hasil karon ga.

[rafifx]

Yes before going into trade everybody ought to create some designing and trade per that. I actually have conjointly a concept. I target a fifty pips profit or loss everyday and that i try and create as fast as I will the profit. Then I stop commercialism........................

[milano]

Only a plan and I think includes your analysis. Before the start of every trader must make the right trade analysis should determine the target accordingly. May 10-point or 50 points is no problem. Achieve your goals every time there is a better practice. Really good workout turn themselves from our strategy as a reason for cross-trading of our hearts.

[luvestruck7]

There is different ways in planning a trade but this is how I do it.

A. This is the entry point determined by the MACD. There is no mystery
about the entry. When the MACD satisfy the rules as outlined in the 4
Hour MACD strategy document then enter.
B. This is our first area of partial profit taking. We have 3 barriers namely
the 8EMA, 21EMA and the price level of 1.2200 to overcome. Where
you set your partial profit taking is up to you. If you can watch it live you
can always decide real time otherwise set it at what you feel
comfortable with. The order of importance is price level first, then
21EMA and the 8EMA.
C. Next is the 89SMA and the price level of 1.2100. Both very important
but the 89SMA normally halts or turn the price around. At this stage I
will close everything except 20% of my position if there is still room to
go.
D. Just above D we have a trendline that should see our full position
closed. It could go to the 200SMA and the blue zone but only when live
in front of the computer will I give it still a chance below the trendline.

Attachment 799

Take partial profit at B, then another at C and then closed out at D. It
completely ignored the 89SMA and went straight down to the trendline.
When the trendline was hit the MACD indicated a trade upwards with the
89SMA as first barrier and so on and so on and so on.

I do not do depth analysis before creating any position, I just decide my stop loss and target, and each price is right price for me enter but it is decided by me whether to create a short position or long position?

[muna1982]

before gone for trading we must need to to plan it by analyzing the market situation well. it is not good to enter market randomly without seeing any thing. good entry is the way of make profit in forex so we have to give it the first priority. if the price movement is seems to be confusing then it is better to wait for some time to get a good signal. don't trade big lot that become risky for you.