yes very much agree that the history of repeated actions, especially in forex trading. with these principles we can take a lesson in making decisions. will rely on it alone but with insufficient
yes very much agree that the history of repeated actions, especially in forex trading. with these principles we can take a lesson in making decisions. will rely on it alone but with insufficient
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the most important thing in history or use backtest price is useful for testing the accuracy indicator, ea, trading systems, in order to reach what is expected with properly, the movement in the forex will always recurring and recurring patterns of regular patterns with large volumes of promising opportunities
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greeting mentor price history it is important to know the market psychologically, as in January last year how prices
month of January of this year at least the price will be close to or similar to the conditions in the same month
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Actually, that is base of technical analysis and technical indicators' using. History will always repeat its self since every pair has its nature based on global economical wave. So, by learning any history that related with forex trading, we will able to see little clearer about any pairs, including its nature, characteristic, movement chances, etc. Btw, good idea, Mate!
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to see history, I used to use tick charts where price movement chart every time the price was changed positions per minimum tick it (can be 1 or more at a time, if the forex value per tick is 1 pips, but if the index can be different, for example, HSI 1 tick movement for 1 pips as well but if the KSP and NK 1 tick at 5 pips means moving at least once is 5pips). Tick chart is what will form the appropriate time frame there (will be more obvious when using a bar chart or a candlestick chart).
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This means the form of price patterns???
so the price pattern formed last week is unlikely to be much different and price pattern will be formed this week???
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general price movements in asia session rather small, but there are times when even the rice grown during the day till a few pair has reached more than half the average daily range
fluctuations in the price of the busiest session that Europe and America
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certainly not used to seeing continuously (except scalp trading 1 pips), basically tick chart is used when we op manual to determine the most appropriate prices with our wishes. Try to do OP manual on MT4, would meet with the name of tick chart on the left order box and you realize it or not definitely see the movement on the chart to determine if the time to wait for op or up or down a few pips again.
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i agree with you, this all depends mainly on the market cycles which always repeats itself all the time, what happened in the history must be repeated many times as the psychologies of traders are the same all the time
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That's what we should do, but look for a second opinion, third and so on from other people who may have a better experience that will enrich and strengthen signals and trading systems that we embrace. Create sy second opinion is also important to see the FF itself also one of the 2nd opinion, but if we believe the signal itself was no problem bro, we're all looking for profit, no matter what you wear important way goal achieved,
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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