plan is very important for us.we need take a trading plan before start a trade.i do analysis and then take dicission and create my trading plan for new trade.then see market situation and start trade.
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plan is very important for us.we need take a trading plan before start a trade.i do analysis and then take dicission and create my trading plan for new trade.then see market situation and start trade.
it seem pretty good exploration of indicator, but according my opinion have to wait a little longer to get the appropriate event. also it seem more appropriate used when market is busy or high impact news......
Foreign currency exchange investor should have a plan before they decide to enter the market. Losing your whole first account at a glance maybe just a few entry fees in Forex Trading world and there is no threat of insider trading.Forex is the oldest, safest and most lucrative investment market in the world.The Forex Investor is in control of his portfolio at all times.
First of all you have to have a good trading strategy. With a good trading strategy then you just have to follow what you see from your analysis. Place your entry with SL and TP and left it open until either one is hit. DOn't make any changes unless you got a nyew analysis.
before we make an order or open position, we must have a plan on which to base our.
1. analysis of the direction of price movement
2. analysis of price movement limit
3. for two scenarios, the first one if the price moves according to our analysis, the second one if the price moves not according to our analysis
4. Good money management
MACD is also good, but I don't feel good with him and then only random lines and trend towards our business and trade speculation and then get a field goal, and hit the expected development of
preparing is the very essential aspect of the currency dealing to get the achievements. after preparing your dealing you must adhere to al the factors that are existing in the preparing component and your strategy must be complete evidence of generating money.
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 good like forex forum indian good like forum
first of all you have to need to learn all the basic information about Forex then you see the market trends analyse this and also use the indicators after all you will do a good trade and can get profit easily from the Forex.
I always plan my trading and before I make open trades, I have to analyze the market movement first with my methods, and after I am sure about my prediction I will make open positions but based on my money management calculation :)