when the markets are trying to form a direction
or they try to settle they move sideways
it is a risky time to trade for any trader so they should stay away from trading in such markets
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when the markets are trying to form a direction
or they try to settle they move sideways
it is a risky time to trade for any trader so they should stay away from trading in such markets
Foggy trading means no clear situation, no clear indication of the market. It is very difficult to receive any signal or hints about loses and profits. A good trader also can not take concrete decision on trading. I think at that moment it is necessary to watch the market situation until and unless it becomes clear best of luck ...............
I know one thing that trend is friend. So that i always try to enter in the trend early this give me two benifits i can ride with ease and with the passage of trend i also manage more then one position that help to earn more in the same trend.Quote:
Originally Posted by bilal12
at that time you should take a side and don't make any positions as the market will be very risky and it will take one direction in very strong way without correction, so waiting until the view is clear is the best thing to do
Still very passively aggressive, if you prefer, allow you to trade on the market. The market is very annoying. Session of the European and American markets than Australia session is pretty fucking good time trade with Asia.
I think forex is a good job.I prefer a quiet and do not make trades if the market moves very passive. Because the market is so, very annoying. And the European session and the American market is a pretty damn good time to trade than Australia and the Asia session.Good luck with your trading..................................
Actually if you are trading long enough...you will recognize recurring styles and levels in the marketplace. The history repeat itself but it's the investors deficiency to train and learning and deficiency of better knowing of the motions of the industry that can cause them to lose intensely.
we can make it to scalper method because scalper are more effective if the market are not too volatile but tend to sideway ,but not all of th escalper are can make good profit only the main scalper are making good profit
Forex is a good job.I would be better to see and wait until I actually have found the right position to make a trade. foggy trading time position could make us even more confused to analyze it. This is tantamount to the market in sideway condition.Good luck with your trading.......................................
I would be better to see and wait until I actually have found the right position to make a trade. foggy trading time position could make us even more confused to analyze it.