Daily Routine You Must Follow, Before Trade, During Trade & After Trade.

[vicky]

For me I see the usual actions before they start racing in Forex trading is the processing chart on the 1 minute or the 5 minutes and start the development of technical indicators that I work out and then trading

I think 1 minutes and 5 minutes chart only good for scalping and it may observe but not good if we want to trade short or long but necessary for scalping. anyway its good you see the price action and do technical analysis before enter the trade.

[ganguly]

1.) Learn to always include the spread of whatever pair you are trading on in your stop-loss
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.

Very nice and informative post friend..
Every new trader should follow these tips before dealing in forex market...

[medhat4forex]

For me I see the usual actions before they start racing in Forex trading is the processing chart on the 1 minute or the 5 minutes and start the development of technical indicators that I work out and then trading

[soumen]

Yes, I agree with you brother, very good advises for newbies and experienced traders as well. Newbies can take advantage of such kind of posts in the forum that will be more beneficial in forex career.

yes it is. humare forum me jo kuch post he sab useful he. yaha new trader bahut kuch sikh payega. aur aisa post se hi bahut kuch sikha ja sakta he.

[denira]

does it mean when we use this locking we should really have to look at opportunities OP Traffic which we will open,, is that friend?

it could be like that because of this locking technique is part of the Traffic and merchants to open a position here in requiring good analytical skills

[arjun]

locking is indeed true that the best way to avoid losses and we
I had to do locking with a distance of 30 pips, but increasingly greater distances and loss that I got too big
Do you have any tips to unlock?

I did not catch you,
if we are already locked position, wherever the price goes, our losses will not increase or decrease.
My strategy is to determine the area snr, a region that is usually the price bounces.

[alwi]

locking is indeed true that the best way to avoid losses and we
I had to do locking with a distance of 30 pips, but increasingly greater distances and loss that I got too big
Do you have any tips to unlock?

undergo a reason why we are locking in the analysis because we were wrong and we waited at the right time to open kuncin but persoalanya OP which will be open if the OP 1 or 2

[pinpin]

The best way to overcome is to use a locking system,
so that we can determine the area to unlock the next.

locking is indeed true that the best way to avoid losses and we
I had to do locking with a distance of 30 pips, but increasingly greater distances and loss that I got too big
Do you have any tips to unlock?

[anubhavsingh]

Locking your deals is the bestr trading strategy and we must follow it completely..
Locking you deals means you should adopt stop loss and take profit tool in your deals and after doing this, you can take rest as your deals with always remain with in your margin..
various traders do not use stop loss as they do no beleive in loosing money but this strategy should be adopted by all traders

[arjun]

yes I agree
Most novice traders are afraid to lose money, and they hold
they expect the price of re-turn
and finally they mc
indeed sometimes the price turn, sometimes keep it moving
That's the mystery of the forex market

The best way to overcome is to use a locking system,
so that we can determine the area to unlock the next.