Steps that must take before or after trading...newbies just look out it.

[Empress]

sometimes it will occur we start a place with a huge lot, but revealed to reduction. indeed it is better to implement the MM like that, we first need to be efficient in examining the cost. do not be fast speed.

[proj.akun]

Steps that must take before or after trading...newbies just look out it

1.) view all news to be released for the day and time of release.
2.) On your Chart mark out the time of release of all high impact news, on all currency pair that include the pair in which the news is to be released.
3.) If trading the lower time frames; ALWAYS EXIT ALL TRADE AT THE TIME OF RELEASE OF SUCH NEWS.
4.) Follow your trading rules strictly.
5.) During Candlestick formation; always join the trend either at a price higher or lower than the closing price of the current candle stick ''as the trend maybe''. Irrespective of whatever time frame you are on.
6.) Never take side during trading, you are here only to make profit so always trade in the direction of the current trend.
7.) Always go through your chart at the end of the day, the week and the month.
8.) Learn to always include the spread of whatever pair you are trading on in your stop-loss.
9.) As far as your analysis/forecast in the lower time frames are in the same direction with the current trend indicated by the stochastic on the 4-Hour chart

thanks for your tips, so number one is maybe is true, sometimes technical analysis is not exactly if release news high-impact, so, you an see the actual report news, because that very impact to currency, based on my experienced when NFP release that impact maybe 50-100 pips, so take care before entry forex market

[Liaba]

the new is very effective for forex news. yes on that time you should close the trde if you are using m15 or lower time frame. we have to overcome it quickly if we want to progress ahead. and with consistently trading this will be over soon

[datorik]

I think that you can ignore most news because you can actually make some good money. Sometimes it will go bad for you because the trade will take your stop, but sometimes it is great and takes your profit target in a few seconds. I think that as long as you have a good position then you should hold.

[ObaFX]

before placing trades it is important to check for upcoming news and avoid trading if the time of the news release is less than 1 hour from your current time, instead place buy or sell stop orders 20pips from current price 10min to news release.

[tanujit]

yes i also think there is no ending of learning in forex and when the market is dynamic then anytime we can learn new new things and in forex everyone must do mistake even they experience trader but they learn from their mistake . i also passed so many days but think i learn so little thing and realize then when sometime i do mistake in real market.

[tipuraj]

1.) view all news to be released for the day and time of release.
2.) On your Chart mark out the time of release of all high impact news, on all currency pair that include the pair in which the news is to be released.
3.) If trading the lower time frames; ALWAYS EXIT ALL TRADE AT THE TIME OF RELEASE OF SUCH NEWS.
4.) Follow your trading rules strictly.
5.) During Candlestick formation; always join the trend either at a price higher or lower than the closing price of the current candle stick ''as the trend maybe''. Irrespective of whatever time frame you are on.
6.) Never take side during trading, you are here only to make profit so always trade in the direction of the current trend.
7.) Always go through your chart at the end of the day, the week and the month.
8.) Learn to always include the spread of whatever pair you are trading on in your stop-loss.
9.) As far as your analysis/forecast in the lower time frames are in the same direction with the current trend indicated by the stochastic on the 4-Hour chart

मैं आपके साथ सहमत हूँ। नहीं तो बर्दाश्त या प्रदर्शन करने की क्षमता है बेहतर हम देखो और इंतजार खबर की जांच कैसे खबर के लिए बाजार की प्रतिक्रिया के रूप में हम एक व्यापार की स्थिति में हो सकता है और हमारे खाते पर का परिणाम।

[adnanr]

for new commers in forex i always suggest them to start forex with demo account do not invest in live account dont loss your real money, trading by earning from posting is also a good opportunity for new traders to not loss their real money.

[amni570]

Yes these are very good step that you have subscribed in above. i think these are not only for the beginners but these are the usefull for all taders that trading in forex.

[selvam.110690]

Post more information for new bies like this that should be help something for newbie if they follow little bit of this kind of information very nice and informative post friend.
Every new trader should follow these trading tips before opening and closing and trade. never take side during trading you are here only to make profit so always trade in the direction.