Buy the first pullback after a new high.

[10pips]

yes I also always put support resistance indicator so that I could easily point to determine the point, so that we can make as a beacon beacon to determine the exact op. thanks

just determine the support and resistance is also do not enough for the trader butthe trader is also need to know what that they need to make again when the price is really touch the support and the resistance line that they want to got first

[sind]

I would recommend doing a fundamental analysis and decide the entry and exit points. Atleast in the initial stages. Looking at the charts and watching the tick movements are not advisable for the new traders. The experts can ofcourse can do scalping and get away with it

[rzza]

When a new high is made, we should not hurry buying rather should buy when after correction first pull back starts.

hi,
i agree with you. we shouldn't enter positions too early.
i guess, that's maybe the bull trap.
to be calm, we should make a goon entry when the news release is over.
the market will slow down again and we can analyze the market trend soon.
it's ok if we a little bit late to enter in the market from the market pullback, rather than going deep with the loss.

[mkape]

When a new high is made, we should not hurry buying rather should buy when afer correction first pull back starts.

Yeah we call it a dip but the most important thing is to be sure of the market condition,be very careful not to go against the trend

[Rak]

When a new high is made, we should not hurry buying rather should buy when afer correction first pull back starts.

I think instead of first pull back we should wait for second pulback as at that level the power to wards the up side is more strong, a graph will clearly show that second pull back is more strong for upwards then the first,I always do that

[imza66]

yes it true bro we need to wait and wait the true trend for best and safe trading
befor buy or sell we need to A good case study

[tubeltkadal]

one great open position is with memakain support line, we open buy position when price approaches support line.

[esif]

Buy the first pullback after a new high.

When a new high is made, we should not hurry buying rather should buy when afer correction first pull back starts.

Yeah i agree with you , that is what i thinks about price, that one should not trade in the running market but should wait for the price to pull back, possibly that can be the fibonacci level at which price stays a little...

[sweetrevenge88]

When a new high is made, we should not hurry buying rather should buy when afer correction first pull back starts.

Yes,I noticed that too,however some market conditions does not always happen like that. Sometimes after a high has been made the market suddenly go down fast. This market does not always repeat history that is why always be ready with your stop loss,just to be on the safe side.

[ishvara]

It is not always advised to buy after first pull back as it can be end of trend too and markets might go further down so we need to analyze and study the markets first before we perform our next trade .

It is for this reason about reversals and lengths of reversals that forex traders need to be using swing or position trading. Position traders actually get to open trades with smaller lot sizes and then are able to carry high forex market volatilities.