jani g main itne trande waghera k chakar main parta main manual trading karta hnn or time frame chart mukhtalif time periode main dekh kar apni trade open karta hnn main scapling ahi karta es liye mugh ko itne deep analysis ki zarorat he nahi parrti
Printable View
jani g main itne trande waghera k chakar main parta main manual trading karta hnn or time frame chart mukhtalif time periode main dekh kar apni trade open karta hnn main scapling ahi karta es liye mugh ko itne deep analysis ki zarorat he nahi parrti
I usually trade in gold or eur-usd and both have good fundamentals for long term, so i often follow bullish trend only, as even if prices come down, it gives the opportunity to wait for some time for those prices to return instead of closing your position due to long term stop loss and losing heavy.
I always see more long term trends either up or down. The trends formed on larger time frames are more stable compared to smaller time frames. but again it depends on the individual traders trading style.
It is always better to wait before we decide on any trends in the markets, since most of the trends are not immediately visible and we have to wait for a long time before we can see them. And also we will make more profits if we continue in the trend for long periods of time sine then the number of pips gained will be more.Quote:
Originally Posted by dmambi
I am using the M15 chart system as this gives a better understanding for the medium term trade orders which have to be executed on a particular market timings.
As said, trends are not visible from the point it starts, only with higher level of analysis we can identify it. And it's not advisable by many traders to enter from the beginning of the trend itself, they do emphasize for confirmation of those trend appearance. So waiting for right entry point which is supported by confirmation is essential to be winning in Forex.Quote:
Originally Posted by sangam
you can using our own strategy is the best way to use for analisa trend . because we can enjoy our trading since we know exactly what we are doing.
very good because then we will understand how the price movement in a small time frame and could see also the direction of prices in the larger time frame
may mean that prices fully formed is related to the daily range of existing friends for example if the daily range is usually 100 pips per day is necessary to be alert to open a position in this condition
for me to follow the best trend we must do depend our good habit, and for me the best trend its use TF 1 H. but sometime i use TF15 M. i use TF 1H because i usually use fundamental analysis with following news.