we should wait in that case. if there is no clear trend the best thing that we should do it wait and stop wasting money in non clear trades. Elliot wave tell us to do this
we should wait in that case. if there is no clear trend the best thing that we should do it wait and stop wasting money in non clear trades. Elliot wave tell us to do this
i think as i am beginner trader in Forex and when it happens that there is no obvious trend or my analysis does not giving me some good and result then i took a break and wit for the time when the market shows some trend because if when the trend i understandable i will make good profits i know so i wait for the right time.
I look at the economic calendar, and analyze how about the movement of the currency pair when the news was released. And if there's no news at all have a great impact, I do scalping with a take profit of about 5 points. I love trading every day.
dekho bahi bara bar analysis nahi kerna chaye because is there ap k doubt reh jata k last wala signal follow kerna chahaye tha ya k ye wala once you got the seat of the analysis us k pateince k stah market ko dkeho , if there is favorable condition for do entry otherwise close the terminal join after some timeQuote:
Originally Posted by fatema
bhai mere khial ke mutabik to us din risk na hi lia jaye to behter hai jab tak hamen market trend ke bare me bulkul sahi tarha se clear nhi hota tb tk hame aesa risk nhi lena chahiye.
if u dont understand trend and when it is really unstable then there is no need to trade at that time it is better to have something than nothing dude .
dnt make yurself hperactive it will lead to many a lot of problems .
although the movement may be slow but I can say that there remains convinced there is a trend, because I think the trend is something that is always there even in a period slightly, so do not say you can not do the open position.
In case I can not analyze the market one day I try to leave and I follow the market, I hope, and so as not to affect the high emotions in the open transaction is complete, without conditions, or without knowing the direction correctly
I like to see the analysis of credit or other people of the Forex market because they always affect my decision and I do not like it
If I dont see any clear trend then I always looking for some scalping.Though its a dangerous technique but its working beautifully.By the way market should always have some trend.It may not a clear one but is have and I follow it for scalping.
Why will I place an order without responsibility? I will wait and this is my answer.Quote:
Originally Posted by xiaotanghao