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06-24-2013, 10:02 PM #16
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To know when you have to open your position you have to do analysis in the market because only then they will come to know the exact entry point, most of the traders don't analyze the market they always use indicators but we don't have to become totally dependent on the indicators or only one thing in forex trading, we have to see each and everything in forex trading otherwise we always have to loose huge money here . Gaining some pips from the market is not only the main thing in forex we also have to make our trading capital safe and this is a main thing in forex tading always.
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06-24-2013, 11:06 PM #17
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This is not orbicular for every monger to ascertain the inclination nigh industry and suitable signals that at which disc and what indication subject trades , but most of dimension traders moldiness prefer to open postions when market volume is so mellow and also this is quantify traders are fit to garner higher profit , i peak perfer change when Author industry first clip.
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06-25-2013, 08:54 PM #18
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Beautiful that you want to anyone to buy or sell, and then to find out the market according to the optimistic opinion studies report arrives, you need to buy a sheep and selling properties and the truth is that this new negative and sheep and is great for promoting the place of our revenue income Forex currency really created.
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06-26-2013, 07:43 PM #19
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It is rattling catchy to ascertain the trading tendency in the forex industry so you must construe most candle espouse simulate to get the inclination of market. In my sentiment what a forex market ingenuous or shut this is the best reading to dealing because this quantify market moves allegretto and you can get benefit easily in direct period .I also opt these ascendency and get realize.
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06-27-2013, 01:43 PM #20
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The most common hurdles faced by a trader is to find the actual point for opening an order. This confusion creates lots of problem. When a trader wait for a clear trend at that time he may miss some good pips and in other hand when a trader don't wait for a clear trend then after opening an order the trend might reverse. So here a trader always face problems and never be able to decide how to open an order or where to make an order. So experience is very much required to accept this situation in a good way. To solve this problem we can adopt naked trading strategy here only price action will tell us what to do. If we want to make an entry at appropriate level then we've to take into consideration that only long term perspective will help us. If we open a long time frame charts 1 hr and 4 hr (for example) then we'll see a clear trend and here we can decide what to do. After analyzing the trend in long time frame we should go for 15 minutes time frame and make an entry after looking at the trends. We can however use MACD to confirm the exact time to open an order. We need to have some practice to be able to apply the same in real tradings.
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06-27-2013, 02:15 PM #21
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this is not easy to guess when you enter in the market and place position you must learn about it well then you are able to enter the market and get profit .I use candle stick pattern to get the trend it gives me good trend about the market and i follow the trend and get huge profit in some days so you must use it and get profit .
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06-27-2013, 02:29 PM #22
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Forex trading actually does not depend upon guessing, a trader need to analyze the market well, both technically as well as fundamental to be able to gain from the forex business well.
Without doing that a analyzing a trader can never able to predict the market well, when a trader will make predication based upon his analyzes then there is a higher chances that the trader will have good results with such trades.
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06-27-2013, 02:35 PM #23
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1. OP Buy.
We use when we assume the price will go up after we open position.
2. OP Sell.
We use when we assume the price will come down once we open position.
3. OP Buy Stop.
We use when we assume the price will continue to rise after a buy we achieved.
4. Sell Stop OP.
We use when we assume the price will continue to fall after the sell position we reached.
5. OP Buy Limit.
We use when we assume the price will go back up after our buy position is reached.
6. the CO-OP Sell Limit.
We use when we assume prices will go back down after a sell position we reached.
6 ways to use OP depending on the strategy or system that we have, and to 6 ways that we can add CO-OP TP or SL depending of our trading system.
When asked which is the best, then to be seen once market conditions at that time and the future.
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06-27-2013, 03:31 PM #24
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This is very basic question and every trader must get answer of the same in the demo trading. If trader get it in the demo then he can better trade in the real account. The most important thing is to open trade according to the strategy and plan. If trader have good plan to trade then he can earn with ease and this all require good knowledge.
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06-27-2013, 05:27 PM #25
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It is not as easy as it sounds and not only newbie traders but also professional traders find it most difficult when it comes to this question when to open the trade or position. The solution to this is one's own analysis and trader should have proper knowledge and experience and based on the current market trend they can trade which position to open at a particular point of time .
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06-27-2013, 05:49 PM #26
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It is very difficult to figure out the trading design in Forex so you must read about candlestick keep design to get the design of market. I think that puzzled place is experienced by most of the newbies. but it is very socked that maximum prefer trade when London market opening time because that time can earn higher profit.
Have a nice day......
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06-28-2013, 03:15 PM #27
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my opinion what a Forex trading market open or close this is the perfect a chance to trade because now market goes fast and you can get benefit easily in short time period. I think that it is very difficult to determine Forex trading. I am use the trading indicator. it is not useful for us. I am confused what is my position?
Have a nice day......
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06-28-2013, 08:39 PM #28
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The forex market is totally an unpredictble busine where the chances of gaining profits are as much as losing and in such a critical business, a trader needs to be positive about when to enter the market. As we know the complications of the forex market, so a trader needs to be very smart and intelligent to pick up the perfect position to enter or exit a trade.
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06-28-2013, 09:24 PM #29
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before you open your trade you have to first analyse the trend of the market.If you are working with the technical analysis then you have to keep eye on the support and the resistances.If any one of it is break out by the market you can open your position but at the same time you have to detect if its a false breakout or not.
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06-29-2013, 06:49 PM #30
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@akshay
Analysis always give you clarity so that you can know that which trend is going to come into the market and when you have to open your position, using indicators like MACD and Bollinger bands may also help in this situation but before using them just try to understand them first so that no confusion will come forward while trading here.