of course best trading planing is important for traders and i say that we make our good trading business setup and we manage our trading with proper trading planing and we work in market with good management and we understand the market and we fully analysis the market and we work with market clear trend understanding then we make good earning with our forex trading business
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.