when there is no trend in the forex pair then you must have to avoid to trade and wait for the fundamental news and after it comes you have to take the trade in proper direction so that you can gain good income from such trade.
when there is no trend in the forex pair then you must have to avoid to trade and wait for the fundamental news and after it comes you have to take the trade in proper direction so that you can gain good income from such trade.
I agree. Many times when there are no clear trend in the market, it because many big players and traders wait the fundamental news and they will make position after the news releasedQuote:
Originally Posted by fxmoney
when there is no trend in the forex pair then you must have to avoid to trade and wait for the fundamental news and after it comes you have to take the trade in correct direction so that you can gain good income from such trade.
for me, the things I do when there is not a clear trend from forex on a daily basis then I will wait for the right time, If we go in on a market that was not clear then most likely we are going to have a big risk, so we must still wait should not act hastily in whatever happens, there's definitely an opportunity to make a profit on the other day.
I do not know if the trend is clear, then I will do trading securely, using a small lot with a cutt loss 50 pips, or you can also find
analysis of the professional trader from several websites and combine their opinion I am always open five charts and if I see a good signal I make an order with take profit and stop loss and I protect my trade with the trailing stop but if I don't see any good signal in
the whole day I will do nothing
I better wait until there is a clear trend in the day, if not clearly better we do not have to enter the market because it can make us margincall and loss in trading, because we see the market moving side ways and not aggressive then we can trade on another day when the price is clear and strong trending movesQuote:
Originally Posted by xiaotanghao
I think it should be done indeed forex is done by looking at the trend, but we must also respond to a sudden movement in the forex, because I think it is more important than we are seeing trends, so I think an important patient, if we're not sure do not ever enter the market.
It is the direction that amend us to benefit repeated if the craft in perceptiveness way, but if the discernment is not crystallize sector decisions faculty be herculean and take solon chance occupations, I would do in a position primo avoided dealings.
if you have not any trend from the forex couple next you'll want to prevent to help industry. dealers hang on the primary fundamental information. you'll want to prevent to help industry along with wait for the primary fundamental information.
On this condition I conscionable variety several scalping.Reason I cerebrate route inferior marketplace is perfect for scalping.I didn't exterior any far change until I get a transparent trend or a make communication.Grounds is cant be correct strain to arise .