To make a good trading decision

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doaausef3li
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To make a good trading decision

#1

Post by doaausef3li » Fri Sep 21, 2018 3:51 am

To make a good trading decision, you need to analyze the Forex market. To do so, Forex Trader takes note of the price chart and applies technical analysis to it, see economic reports and markets and try to identify the supply / demand for a currency from a basic point of view, and review the market sentiment to see how other market participants have an impact on a pair of money. Due to the short-term trading horizon of Forex traders, the best way to trade Forex online is by market research from a technical perspective and price-focused focus. Technical n analysis involves analyzing price charts and historical price movements, to predict future price movements. To do this, entrepreneurs use tools such as support and resistance zones, trendlines, channels, charts and candlestick patterns and technical signals, to name the most important results.
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New traders will often wonder how to do Forex trading and spread too many technical indicators on their charts with short timeframes, which cause their account to beat one day. You should not make the same mistake. Technical indicators may be useful as confirmation signals to enter a trade, but your best bet will start to focus on Price-action. Price-action is based on real chart analysis and traditional price moves, using simple technical tools such as those mentioned above (except technical indicators). It is a proven track record and will change your Forex trading method when you learn how to use it properly. The following tchart shows the EUR / USD pair within a channel, with sequential channel adhesion at points (1) and (2).
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Market understanding, on the other hand, tries to measure the confidence of market participants in a certain currency pair and determine whether they are bullish or bearish. Again, market understanding can be used to confirm trend and trade setup, but it should not be used solely for trading in the Forex market.




oskar44
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#2

Post by oskar44 » Tue Oct 16, 2018 10:04 pm

A trader should definitely control his emotions. The use of doping can both negatively and positively affect the outcome of trade. A separate category of drugs are nootropics. They do not bear any harm to trading, but can significantly improve the results thereof. Nootropicboost.com nootropics can increase brain reserves. Such an increase allows you to better analyze the market, to memorize more information, and therefore, to develop your own forex trading strategy more quickly. Despite the fact that the impact of nootropics on currency trading is indirect, it is certainly positive.



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spenseR
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#3

Post by spenseR » Sat Feb 02, 2019 3:17 pm

Price-action is based on real chart analysis and traditional price moves, using simple technical tools such as those mentioned above (except technical indicators). I



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