yes it is true and if you get a opportunity to buy at a pull back it is the best thing to do but also there might not be any pull back so always go with your study and analysis and enter the market...Quote:
Originally Posted by yogesh
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yes it is true and if you get a opportunity to buy at a pull back it is the best thing to do but also there might not be any pull back so always go with your study and analysis and enter the market...Quote:
Originally Posted by yogesh
well it is easier to say theoritically but when the market is moving fast or when you are really not sure when the correction will start or end due to some consolidation, that is the time when you face huge losses
it is true that the strategy is profitable and is usually used by the scalper. entry points to ensure that we have to wait for confirmation of the first candle, but sometimes the confirmation candle is also not show the accurate movement.
This is very good advice. If you use the RSI then you can join the trend when it becomes oversold again to join the trend on the way up. It is a good way to trade long term and to scalp.
Though forex market does not let traders make easy profit and so there are sudden unexpected moves, but over sold and over bought situations usually react and give us an opportunity to make riskless or very little risky profits.Quote:
Originally Posted by goldenmember
yes this is a opportunity for the trader. if you get back your your amount then definitely it is a positive point for you. but sometime pullback is not possible then the previous method you have to follow and going with the applied technique.
in theory it is true that if the rates are reactions buy right at the top ... something very reasonable when it's done .... but it should also be noticed if there's a trend reversals so suddenly would change the direction of the trend of the market is going. It often happenedQuote:
Originally Posted by ronin
Yes it is correct and if you get a chance to buy at a support support it is the best action to do but also there power not be any pull backmost so always go with your acquire and analysis and get the markets at the levels as predicted by you .
yes it is true buying the first pullbak directly could makes our loss closer, we should buy it after doing some researches about the current trading, analyzing and creating strategies after that we can buy it if we see it suitable for usQuote:
Originally Posted by yogesh
lol. Sound familiar.. We know that in many times, theory will walk in different direction with fact we will see in the real time market. But, after all, for this good theory we can apply it by deepen our knowledge and sharpen our analysis skill about support and demand zone, and of course any continue and reversal signal pattern.Quote:
Originally Posted by sammy
Yes it is true and if you get a chance to buy into a draw back, it is the best thing to do, but there is also perhaps not any pull back so always go with your study and analysis and market penetration levels as predicted by youQuote:
Originally Posted by aamu
yes it may be risk for our trade if we use high pull back in trade before a high pull back.we need to use high pull back in buy position to make profit to make profit.But we need to analyse market properly and enter in market with a good position to trade.
SIMPLE TRADING TRICK
When will enter a position, you should pay attention to Open Price - Close Price - High Price - Low Price
I think you are right, you should never jump into trades like that. You have to realise that you have to be patient and wait for trades to come to you. Chasing price is bad and is a problem and can lose you money.
ye baat sahi hai jab tak sahi trend ka pata nahi lag jaata tab tak order open nahi karna chahiye kyoki kabhi kabhi indicator wrong signal deta jis wajaha se maine 200$ dollar ka loss kahaya hai .tab se main indicator ke signal se trading bahut he soch samhj ke karta hu.
You are right but some time our emotions compell us to do wrong and in the most of time we remain unable to hand our emotions and when pull back occure we already in the negative at that time trading become more difficult for us and many time we open more then one trades to manage negative trades which lead us towards more loss.Quote:
Originally Posted by yogesh
It is not always advised to buy after first pull back as it can be end of trend too and markets might go further down so we need to analyze and study the markets first before we perform our next trade .Quote:
Originally Posted by lamington
It is for this reason about reversals and lengths of reversals that forex traders need to be using swing or position trading. Position traders actually get to open trades with smaller lot sizes and then are able to carry high forex market volatilities.Quote:
Originally Posted by mrinalini
Yes,I noticed that too,however some market conditions does not always happen like that. Sometimes after a high has been made the market suddenly go down fast. This market does not always repeat history that is why always be ready with your stop loss,just to be on the safe side.Quote:
Originally Posted by yogesh
Quote:
Originally Posted by yogesh
Yeah i agree with you , that is what i thinks about price, that one should not trade in the running market but should wait for the price to pull back, possibly that can be the fibonacci level at which price stays a little...
one great open position is with memakain support line, we open buy position when price approaches support line.
yes it true bro we need to wait and wait the true trend for best and safe trading
befor buy or sell we need to A good case study
I think instead of first pull back we should wait for second pulback as at that level the power to wards the up side is more strong, a graph will clearly show that second pull back is more strong for upwards then the first,I always do thatQuote:
Originally Posted by yogesh
Yeah we call it a dip but the most important thing is to be sure of the market condition,be very careful not to go against the trendQuote:
Originally Posted by yogesh
hi,Quote:
Originally Posted by yogesh
i agree with you. we shouldn't enter positions too early.
i guess, that's maybe the bull trap.
to be calm, we should make a goon entry when the news release is over.
the market will slow down again and we can analyze the market trend soon.
it's ok if we a little bit late to enter in the market from the market pullback, rather than going deep with the loss.
I would recommend doing a fundamental analysis and decide the entry and exit points. Atleast in the initial stages. Looking at the charts and watching the tick movements are not advisable for the new traders. The experts can ofcourse can do scalping and get away with it :)
just determine the support and resistance is also do not enough for the trader butthe trader is also need to know what that they need to make again when the price is really touch the support and the resistance line that they want to got firstQuote:
Originally Posted by subakir
yup!!we better be patient and wait the corection..we must knows the situation first, so dont be hurry to Open Position..if we can put Open Possition we will get a better result!!just be patient and make a right move in the right momment!!better analysa better result!!goodluck!!thx.
according to what I learned the first time drew low and high current release is the method in perdagngan exchange, and it will give employees high profits for those who can do well, and just in time.
I do not read the end of your intellection, but perhaps it relates to when we do the craft. value movements are ofttimes rattling sinewy, and there is also a unsound improvement. here we do not needs make to aver excitable decisions by doing OP, because the rebuke is retentive and fleet and sometimes just be a counterfeit present.
g bilkul sahi keh rahe hain ap pehlay ap pori tarhan andaz lagain k markeet ab kidar ko jaye gi 2 se 3 mint chek kairn phir apni
buying selling kairn nai to nuqsan ho sakta he
buying pull back is a good strategy provided there is room to accommodate it, but if not just follow your strategy that way you won't get all emotional when price didn't pull back for better entryQuote:
Originally Posted by yogesh
obvious to me is that you have to really understand the character of the market movement, so that you understand it, you will better know when and to which price movements and will turn around. so it will make you able to enter the market with the right, and it certainly will benefit if you can trade that way. that's why you have a lot to learn to understand the character of the market movement.
This has been an interesting week for traders and investors as precious metals melt down on the back of a rising dollar. Equities on the other hand bucked the trend and moved higher as they get bought into earning season. Once the earnings start to be released we should see the market get sold on the good numbers and retail traders will buy into the good numbers as the smart money selling their shares while there is liquidity in the market.
The first pull back of a new high in the forex business is always a good idea because it is obvious that the forex markets would still move up to retest that initial high again. I have seen this happening in some pairs that i trade.Quote:
Originally Posted by ObaFX
just see the demand and supply area, i think it will make it more clear..
true, we wait until there is a correction due to any resistance trend will occur as a correction. we can take advantage there, I just do not know for sure until when the correction occurred. necessary experience that will help us in identifying the correction.
i am unable to understand your post.............. can you give me some information about your post...... because i think from your post i can get some knowledge about forex....... so can you plzzzzz help me to understand your post...............
it seems the technique is the same as the technique 123 by using this technique we need to confirm the price movement up to three waves, wave one is a major wave, the second wave is a correction and the third wave is the continuation of the price.
i think it is no matter where the currency lows and heighs goes. it depnends upon your trading strategie. If your strategie is applicable on down movement then trade if your strategie is applicable on upward movement then strat trade with upward movement.