How to know that you have to open your position now or not ????

[Swayam]

The beginners just want to get easy money as soon as possible. So they just try to trade in FOREX market earlier which cause them loss. So i would like to recommend that, without knowing about the market trends, one should not rush to trade. First of all acquire proper knowledge about FOREX business then open your position.

[Tanvir]

This is really tough for beginners. They don’t understand what time they have to open position. Traders can analyze market to know that. Keeping eyes on current news and situation is also very helpful for that. New traders can use good indicators to know when they should open their trade. They can practice more and more in demo account to understand that. But it very much depends on their strategy.

[munzur]

This is somewhat complex to find out the position for opening a trade at proper time for the newbies in Forex market.I did not do ths task at my earlier trading days .Then i had to take help of other traders .But now i take decision to open a position according to support and resistance level with round figure .

[Dalim0621]

It cannot be easy for all economic operators seek to effect appropriate warnings in what fashion market, apartments available in stores, but the largest apartment industry professional should leave open every time the size of the market is important, and prefer you can also professional apartment can produce more profits and more prefer the best industry for a while my husband is the ability to set up the London market to remember that the passage of time to make more profits.

[Md_shobuj]

The general opinion of most of the successful and senior traders is, we should open a deal only when we have good reason to explain. If there is no proper reason to open a certain deal, we should understand that it is not a right position to open a deal.

[Rajonbd]

Actually this is depend on our trading experience and also good analysis skills . If you want to make profit always in good time then you must need to create best fundamental analysis and also make your good technical analysis , this both will must help you to what time is good for you to open new order on forex .
But without knowledge about analysis maybe you cant make yourself how to know the market time to open new order on Forex . So first learn it and make this simple source for you .

[u4n777]

I think it is quite easy. A trader who is able to know how to do his market analysis and is able to understand the mode of operation of both the fundamental analysis and the technical analysis, such a trader will thrive in his trading business. And the market analysis will help the trader to know the right time to enter the market and also the right time to exit or come out of the market, so as to avoid unnecessary losses.

[usmankik786]

i think it is very difficult and i think about forex trading that hard work is a special key to success because every job and every business need hard work and this business want hard work and then we get high money on this plate form so i like forex trading

[ali]

when our analysis is able to gathered good trading signal based on wht we have used strategy or indicator then we will be ablt to know when the right tiem to place the trade. we should not hurry on opening . we can have also check other analysis of the experts .

[safeplay]

after we do a good analysis with fundamental and technical way, we can saw the open position signal when the price reach the support and resistance area in market.
we can choose to buy or sell depending to our analysis. that's why we should do more practice so we can became usual with the market situation.

[Sajid Ali]

yes you are right most of the newbie have to face the same problem so there is need to proper education and knowledge before entering the real account they should learn about trend support and resistance level and make good strategy. then any one can able to take a good decision .

[diaislambd]

Forex trading is very risky and hard to know about market movement so we have to trade by depend on our prediction.for getting any dependable prediction we have to analysis the market in various ways such as technical analysis, fundamental analysis and sentimental analysis.i usually use my technical analysis for getting any prediction.so when my maximum indicators give me signal then i open my trade on indicated position.

[petrelsea70]

its all depend on trader and its trading skills,some trader have good traidng knwoledge and skills which they can use to get good traidng analysis and they know what is the best trading entry and exist so its all depend on experience.
some trader are very smart and they use scalping and they have good experience to take entry and closing position so these type of traders are very successfull now a days

[yasirfx]

Well this is a question that most of the new traders have in their mind,but this is not a thing which can be taught them,because with a month of practice and properly learning you will be automatically able to guess that either you should enter in the trade or not,,but remember always that you must always open a position with some reason and on opportunity.

[banamali]

I think it is not simple for every trader to find the trend about market and proper signals that at which point and what time open trades , but one think most of time most of the traders want prefer to open positions when market is really so high. Also this time traders are able to earn higher profit. It comes with proper experience only. The general opinion of most of the senior traders is, we should open a deal only when we have good reason to explain. If there is no proper reason to open a certain deal, we should understand that it is not a right position to open a deal. so you have to follow the senior traders.