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Thread: Best Forex Trading Plan.

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    Banned roopesh11 has a spectacular aura about roopesh11 has a spectacular aura about roopesh11's Avatar
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    Best Forex Trading Plan.

    In the forex trading the trading plan is very important. Because by the help of the trading plan we can take a step forward with out any body's help. It is like a path detector in the forex world. The trading plan consists of different sub items they are:-

    1. Goal - It shows the daily target like - 30 pips.
    2. Pairs - The pairs in which we want to do trading - EUR/USD & GBP/USD
    3. Lots Size - 0.05 to 0.10 .
    4. Indicators - Moving averages, stochastic, Parabolic sar.
    5. Time frame - 30mins, 4 Hr, 1D graphs.

    By following these rules we can be safe in every condition in the market and also makes the profit.

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    Member sura will become famous soon enough sura's Avatar
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    Yes, your strategy tips is good! Developing a Trading Plan and sticking to it are the two main ingredients of trading discipline. A trading plan defines what is supposed to be done, why, when, and how. It covers your trader personality, personal expectations, risk management rules, and trading systems.

    Quote Originally Posted by roopesh11 View Post
    In the forex trading the trading plan is very important. Because by the help of the trading plan we can take a step forward with out any body's help. It is like a path detector in the forex world. The trading plan consists of different sub items they are:-

    1. Goal - It shows the daily target like - 30 pips.
    2. Pairs - The pairs in which we want to do trading - EUR/USD & GBP/USD
    3. Lots Size - 0.05 to 0.10 .
    4. Indicators - Moving averages, stochastic, Parabolic sar.
    5. Time frame - 30mins, 4 Hr, 1D graphs.

    By following these rules we can be safe in every condition in the market and also makes the profit.

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    Banned abbey ak will become famous soon enough abbey ak's Avatar
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    well as far as am concerned nothing is very guaranty in the forex trading but i think i will like to make use of your analysis to see the best way this can go in my direction but if you don't mind i will like to get a clear picture just for a better understanding of your strategy, i hope to hear from you very soon, best of luck

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    Junior Member Kery GT R is an unknown quantity at this point Kery GT R's Avatar
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    Quote Originally Posted by m2010 View Post
    forex strategy shoud be simple and powerful way to take advantage. then the secert is how to use the it for entry is one hour time frame, or 4 hours, so it's right or good or ideal use what time frame
    I agree with m2010

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    firstly decide your goal how much invest in it and make strategy according to that and make strategy and implement in the forex trading plan is totally differ from investor to investor based upon the past trend of the market

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    I think that the plan needs more than that. I thik that you must have stop loss and money management. Without that then you will have no plan at all.

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    Junior Member taukehembuyat is an unknown quantity at this point taukehembuyat's Avatar
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    my opinion about best forex trading plan... open a different account..
    the money that you want to invest must be divided into 2 or 3 account
    it will be more efficient
    try it

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    Junior Member Foysal Kader is an unknown quantity at this point Foysal Kader's Avatar
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    My opinion is
    1) Money management
    2) Time management
    If any one want to earn from Forex, then he have to maintain these 2 things..

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    Senior Member Rami is an unknown quantity at this point Rami's Avatar
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    very good points and i like to say that the most important thing in the
    forex market is the stop lose , because it protects the money of the traders of destroying
    with best wishes

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    best forex trading lead to higher performance and long term plans .you should have a plan b in forex if your one method which you have applied is not good then try another one .

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