When a new high is made, we should not hurry buying rather should buy when afer correction first pull back starts.
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When a new high is made, we should not hurry buying rather should buy when afer correction first pull back starts.
han app ki baat sahi ha kioun k main bhi es k haq main houn jab tak app ko trand ka sahi andaza nahi ho jata ha ap ko chiye k app us wqt tak wait karo takey app ko sahi taran se trand ka andaza ho jaye or app profit kama saken forex seQuote:
Originally Posted by yogesh
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 markets at the levels as predicted by you .
yes of course ap sahi ka raho hao ap apna order samaja or socha kar do q k tree kaman sa jab nakil jata ha wapas nahi ata es layaia main ap ko yahi maswara doon ga ka ap jub be trading karan boht socha or sumaj kar trading karana waran itina loss ho ga ka ap yad karana ga ka kaya howa ap hat laga kar dahakana gaQuote:
Originally Posted by yogesh
this is good, so we have to wait for the true trend,..and it is safe for trading, because sometimes the trend continue the breakout so the trader have to accept and hold some floating minus..for it need patience..
han gi app ki baat sahi ha kioun k main ne forex trading main kafi profit kmaya ha es taran main jab dekhta hounk forex trading main k ab price wapas neechey a rahi haor mere anaylisi ye keh rahey hane k es ne mazzedd up hona ha to main buy kar leta hounQuote:
Originally Posted by yogesh
i cant understand this Forex term. i need some one to tell me about it through this post. this type of terms give great knowledge and tell about the Forex in good manner
we need to consider the support and resistance level besides pull back. because if it is cross the support level level then it continue it's trend. so before buying or selling we need to consider both factor.
this is good, so we have to wait for the true trend,..and it is safe for trading, because sometimes the trend continue the breakout so the trader have to accept and hold some floating minus..for it need patience..
to withdraw when it is high tide in the new correct way for the new high not know according to what was planned but only to anticipate the event of a loss outside the trader's plan
han appp ki baat sahi ha k aesa ham ko karno chiye par mugh ko sahi baat ha k e smain ham ko na kafi kuch seekhna parrta ha tab ja k he ham es main en analysiis k kabil hoyeu hane or aese order play kar saktey haenQuote:
Originally Posted by yogesh
it is commonly called the retrace, but the problem is not necessarily retrace or the price has rebounded, and even who knows will come a new movement that we did not know before, so keep the stop loss
This is one of the tricks in pullback trading.. There are some methods to trade if you are a pullback trader, breakout trader or any other type of trader.. So must know these rules first.. Trading with just one method cant give you enough profit..
I learned some strategies, the most important in loe buy and sell at high, I would like to make a deposit of money, but now I am still in doubt, I want to learn trading strategies used
This is always a good idea to trade with highies and lowes in this way we can trade with more ease we need little technical knowledge to find the highes and low for that i use this combinatio
Bollingerband
Parabollic SAR
RSi
This is the best combination for this purpose and i am trading with it.
For men this i indicator basic beginner, basic strategy is important and it seems like a foundation. Everything we start from basic and step by steps we get improve for our trading system.Quote:
Originally Posted by kashifrehman
Trends are tghe ways where one can estimate the position of the trading. It is important for the traders to wait for good trend and follow that trend. good trend will be a guide to the profit taking strategy.Support and resistance level must be considered while using pullback.
there is to way to get in the market... follow trend or waiting for full back... so we canQuote:
Originally Posted by hello927
choose the way get in to the market correctly,,,,
I do not understand the intent of your thread, but perhaps it relates to when we do the trade. price movements are often very strong, and there is also a long correction. here we do not necessarily have to take quick decisions by doing OP, because the correction is long and fast and sometimes just be a false moment.
it is true, but when you have to wait until the market trends that you think is right I'm new to trading by the market analyst does better with the indicators and make trades, but keep using the SL and the pips are smallQuote:
Originally Posted by fandi
That is surely a good way to trade but you did not include how to determine when the correction has ended and the trend will resume and how do we know that we are not in a total reversal? I think that we should use fibonacci as a means of determining pull back ending and also a means of finding a good entry.Quote:
Originally Posted by yogesh
this is good, so we have to wait for the true trend,..and it is safe for trading, because sometimes the trend continue the breakout so the trader have to accept and hold some floating minus..for it need patience....happy Trading :)Quote:
Originally Posted by yogesh
That is somewhat a very good strategy that we can use in our trades. We can also open trades after a high is reached because there is always a pull back after a high in any forex currency exchange trades.Quote:
Originally Posted by yogesh
young or novice traders should know the market and trends in real .. because without knowing the trend then we may not be able to enter the market is right, maybe we'll run into an error error jikita not know the prevailing trendQuote:
Originally Posted by fandi
indeed sir, I agree with your opinion that we are running in the forex business then we should have a good knowledge and strategy. so we do not experience losses in our foreign exchange business.Quote:
Originally Posted by ishvara
I do not understand about the turnaround strategy for this because I always stay away from the strategy described, Elliot Wavr .. I am almost two weeks cooped up in a loss when using Elliot Wave, well maybe I have not been able to analyze by using this strategy so it's always loss, but have a say thought that this might not fit with the character of my trade
Acquiring a strategy is not that easy.. It takes years to master any strategy.. But when you do money will come swiftly from this market.. Dont forget that money is the hardest thing to earn in this world.. And in forex its even tougher... Two weeks is not enough to master elliot wave theory.. You should stick to that strategy until you know most of the things about it..Quote:
Originally Posted by nurivasyarifah
Absolutely, I think type of style of trading is called Spike Trading..! Spike means a sudden increase or decrease + or - 50 pips in market due to news release or market fluctuations etc..! But it is very risky, unless and until if you timed it perfectly..!Quote:
Originally Posted by yogesh
You are absolutely correct never trade when big bullish or bearish candle create. Just trade when market correction and it shows correct way to movement. Basically big bull or bear create by fund-manager to influence the market.Quote:
Originally Posted by yogesh
For whatever reasons first pull back after correction gives us clear idea of target also as more traders open long positive there remain very little chance for the pull back to close immature.
For whatever reasons first pull back after correction gives us clear idea of target also as more traders open long positive there remain very little chance for the pull back to close immature.
Ya brother i agree with you.Some people trade by big lot site for take the first pulback.But you need some time for take the secend pulback.Your post help this person .Many thanks for share your post.
it is commonly referred to as the momentum, because I think the momentum is going to be very dangerous if you can not master it and it should be if you understand the patterns that might cause such a volatile price moves.Quote:
Originally Posted by taufiqbd
For whatever reasons first pull back after correction gives us clear idea of target also as more traders open long positive there remain very little chance for the pull back to close immature.
Name that can be call for this is do trading when market do retracing. Is good way to trade if market do trend and trader have to make trying to know if trend continue or trend stop. If trend stop then trader face loss in particular trade.Quote:
Originally Posted by yogesh
This is a serious confusing trading strategy, by this many traders will be fakened by the market and when the reversal comes or when the retracements fades aways, the account will be in danger for real.
This is in fact a great strategy, having practiced for so long now on demo account, I noticed that there is usually a pull back and this pull back is actually the best time that we can enter the market rather than rushing to enter the market too early.Quote:
Originally Posted by yogesh
For whatever reasons first pull back after correction gives us clear idea of target also as more traders open long positive there remain very little chance for the pull back to close immature.
that is the reason that I felt a bit frustrated because I think I already have a good strategy only to realized that it does not work well on other market conditions. I need to modify and adjust if all the time.
I agree with your opinion that we are running in the forex business then we should have a good knowledge and strategy. so we do not experience losses in our foreign exchange business.