bhai mein toh news trader hoon aur yahi kahunga ki agar aap iss field mein technical trading karna chahte hain toh aapko indicators etc ke baare mein padna hota hai aur mujhe woh pasand nahi tha isliye news trading ki aur accha paisa kama leta hoon iss field mein se mein jo ki acchi baat hai mere liye.
Actually we should avoid caution in Forex
It must be a new strategy for managing capital
In order to protect the account
well dear actually in forex it is no doubt that using buy stop or sell stop during news or fundamental analysis is really not easy, because when the high impact news released, most of time there is Gap in the price movement, which makes our pending order be moved, and i think it will be risky and dangerous for us
of course personally I think its true that's not a gambling, It is a careful attempt at capturing opportunities, based on a habit that often occurs when it released the news that have a strong impact on price movements. It opened two positions opposite order. which one of them will be executed and earn profit.
actually my dear for me I consider that the fundamental and the technical analysis are both important at the same time. Therefore I do not miss any of them. I like to have my trades according to the approach of the both of the analysis.
trading by news using pending orders, in fact it could be a good idea if we could know that the news would be appropriate for this strategy. because some news has efect moving in either direction. so of course news like that does not fit with this strategy. so it should still be able to analyze the good news though is simple.
dear friend......I think it is a good idea to setup the pending order but I love to with the technical analysis not with the Fundamental Analysis. We all need to know that a trader with the proper knowledge can earn earn limited amount............thanks
Trading on the fundamental analysis is very interesting in this business, and you can easily make good profit as well so try to use it and trade in the right direction so that you can gain good profit over the period of time.
I think this type of tricks sometimes helps us to make money regularly, we need to learn this trading business but have to develop a trading strategy to get regular profit and if we can trade with proper analysis then we can make good money too.
hello friends... in my opinion In the equities market ,fundamental analysis looks measure a company's true value and to base investments upon this type of calculation. To some extent, the same is done in the retail forex market, where forex fundamental traders evaluate currencies, and their countries, like companies and use economic announcements to gain an idea of the currency's true value... thanks