When to know what to trade - Page 2
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Thread: When to know what to trade

  1. #11
    Quote Originally Posted by ;
    If your trading based off service and resistance trendlines and supply and demand what is the best way to find transactions
    The simpler the better IMO.
    Pick one don't spread on various techniques.
    Make signs simple without a lot of rules (such as white or black)
    Use appropriate risk reward ratio (lets say 1:2 or 1:3 - where '1' is risk).
    Start with greater timeframes first, don't dash for scalp.
    Watch your signs, learn how the market works, create notes.
    Rinse and repeat for few months, then change from demo to small actual account.
    Good luck
    L.

  2. #12
    Something I learned that this week is that the wicks on candles are pretty long on a few pairs vs. others, which means that your SL gets struck more often on some than others. For instance, eurgbp vs. eur usd. Weekly, I am slowly learning!

  3. #13
    (since I cant start a new thread, I will ask this here. Hope that is okay!)

    Does anyone know exactly what the blue candles indie here?

    https://www.forexforum.co.za/trading...00-2008-a.html

  4. #14
    Setup is king.No setup No trade.thats the way you understand what to exchange

  5. #15
    Quote Originally Posted by ;
    (since I cant start a new thread, I'll ask this. Hope that is ok!) Does anybody know exactly what the blue candles signify here? Https://www.forexforum.co.za/trading...le-system.html
    they're secret trading levels!!! Â
    That man with the time machine checked them for us
    Â
    We shouldn't discuss these!!

  6. #16
    When to understand what to trade ?

    Okay, you do not really have to be smart whatsoever to understand when to trade:
    1. Any fool can take profit when the market is trending(!) -bulish market, buy the HL's and market the HH's - bearish market, buy the LL's and market LH's;
    2. Any fool can take profit when the market is ranging(!) Buy the lowest- market the very best;

    Easy, is not it?!
    Well, logically, it's clear that the secret include knowing whenever the market it's trending and if it's ranging.

    Thus, any egy that you use, just be aware you need a tool (indior, egy, drawing instrument...)
    that could provide you a clue about the current market behavior, fashion or range.

    Example (minimum step example):
    Utilize the trivial ATR to measure the volatility (dimensions) . . .and utilize a trivial RSI to measure the momentum (strength).

    ...I think that's common sense
    Quote Originally Posted by ;
    quote They are secret trading levels!!! They were assessed by that guy using the time machine for us We shouldn't go over these!!
    Regards, Not!

  7. #17

  8. #18
    That all is the decision, you need to know that. You need to figure it out what is the favorable pair and that's the one you would like to exchange with.

  9. #19
    To trade in forex trading should have maximum knowledge and expertise further for achievement if we want to get. It might be that we have to do in running forex trading business is by learning to prepare all sorts of approaches to acquire consistent profits obtained

  10. #20
    Quote Originally Posted by ;
    That all is your decision, you have to understand that. You have to figure out it what is your favorable pair and that's the one that you want to trade with.
    That's a good point that every trader should remember. Whatever information you are given, in the end it's you who decides when and what to trade.

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