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Market trends are always the best and I try to follow the trend of both.
The bullish trend in my view is more regular and requires some time in the formulation of
the trend while the trend of selling or bearish is very fast. The beauty of forex can give
us good results both in ascending and the descending markets, and if we are able to drive 30-40% of
the trend then we are a successful trader.
At that point let me help you. In the first place take a gander at table day to figure out where the cost is going. This is a long haul incline. Next take a gander at the 1hour outline to see where costs are going - This is a fleeting pattern. On the off chance that transient patterns and long haul patterns match, at that point you are certain with the quick market slant. At that point check the 30 minute diagram to discover what value activity is doing. In the event that the cost has moved against the pattern and is moving towards the general pattern, the time has come to enter the exchange. Ensure you get an affirmation motion from your pointer.
Follow each trend is a very good idea. Because we have to get good results by following any trend.
But on the actual site is a catcher of current market status. So if we can manage
some manual operations then we should get better results. Some special tools can be best
for limited volume.
Achi Hukumat Amali it is H4 Aur M30` sab se bahtar hai m1 aur m5 sahi nahi hai baqi har kisi ki apni marzi hy
Take after each pattern is a smart thought. Since we need to get great outcomes by following any pattern. Be that as it may, on the genuine site is a catcher of current market status. So on the off chance that we can oversee
some manual tasks then we ought to show signs of improvement comes about. Some exceptional apparatuses can be ideal for restricted volume.
We get a better idea about the market movement of course from the high time span like H1
or above. And if we do scalping as part of our trading strategy, we should consider every move
and pattern in a high time frame before making a decision in a shorter period of time.
But, for me, as a matter of fact, I do not like to risk my high capital to get that small profit amount.
1. Subscribe to trade journals
What better way to be in-the-know about specific issues in your industry than to subscribe to a journal that’s devoted to covering them? But subscribing alone isn’t enough; you have to actually read the thing – albeit in print or online.
2. Keep up with consumer magazines
Even if you’re reading a magazine that’s not specific to your industry, you’ll be looking at it through a very different lens than other readers
3. Scan and engage in forums and discussion boards
Perhaps scanning an applicable subreddit each day is enough to pique your interest and get your brain buzzing about possible changes in your industry. Oftentimes, engaging in discussion in a relevant LinkedIn group or a private forum from a professional group can be more enlightening
The yen could strengthen if this leads to uncertainty over economic policies,” said Satoshi Okagawa, senior global markets analyst for Sumitomo Mitsui Banking Corporation in Singapore.
All time frames are important and will be very helpful for us. Choosing time trading and investment time frame. If you have a lot of money, you can choose H4 time frame or day, for big investment, there is no risk of losing all the money. Conversely with big money you can benefit with a short time using the M5 to M30 time frame. My investment is $ 50 in micro account. I am using H1 time frame. it's hard to get a strong and long trend in the main pair, usually the best and longest trend can be got with cross trading, they make a very long trend without stopping all the time so your profits from them can be very high
The movement of the forex market up and down, influenced by economic factors and local government policies. To know the direction of the trend of market movement, we can do some analysis, for example based on news and forexfactory content about the news. In addition to technical analysis or candle, the second analysis is compared with the analysis of economists on the currency pair when the market rises is the best and at that time not only take decisions about investing in it examine trends properly and analyze the market and with it take decisions remain in the same market trends to change our decisions about investing in different sections. from trade