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How to choose the time of forex trading?

Victor by Victor
06/12/2022
in Knowledge
What is the foreign exchange quota

The so-called timing choice, is to judge the specific people and market position.

Not every day there is a good opportunity to make money, the market has clear and unclear points, the operation can be done and can not be done.

Only when the trend has a clear trend can trade, do not in the unclear time to force into the market, need to be patient to wait for the opportunity to enter.

In China, timing is crucial.

Because of the characteristics of high leverage ratio, the risk is magnified many times. Therefore, the timing of placing an order is the first key link, and there is generally no room for maneuver to save mistakes.

Although sometimes have correctly judged the direction, but if the timing of the market is wrong.

You could still lose money.

By its very nature, the problem of timing is almost entirely technical.

Therefore, even if the trader is of the basic analytical type, he must still resort to technical analysis in determining the specific entry and exit points.

First of all, the direction of the market trade is clear, and then the market entry time of the order is selected. Third, the exchange rate trend is observed to operate as expected, and the corresponding measures of stop profit and stop loss are set.

The specific person city construction timing choice mainly has the following kinds: ¢Ù, along with the trend: when the trend is bullish, the upward breakthrough to buy long, and the trend is bearish when the downward breakthrough to build short.

In analyzing the trend direction of exchange rate, it can be judged by means of moving average system (such as IOEl, 30El, 60El moving average direction) and clear trend line direction.

(2) The trend turning point and the confirmation of the best opportunity: exchange rate fluctuations are always up, down and back.

When the 30 -, 60 – day or weekly above moving averages, trendlines (channels) and reversal patterns of the neck line are broken.

The end of the operation of the auxiliary phase wave structure can basically confirm that the original trend has been reversed, and the direction should be changed to trade with the trend.

(3) Trend in the reentry of warehouse timing: although the exchange rate trend is clear.

However, after a period of rise or fall, the exchange rate will appear to retrace (retracting) adjustment trend, that is to say, after the exchange rate deviates from the average or trend line, it will approach the above two lines or quickly cross and then return to the trend side of the direction of the average or trend line, and continue the original trend.

Then, with the help of moving averages, trend lines, as well as the Gann pullback price band, the golden section of support and resistance, at the end of the adjustment of the time to build positions against the trend, but it is still a homeostatic trade.

(4) The good away from the big countertrend opportunity: when the exchange rate along the trend direction rapid fluctuation, prone to extreme away from the average price that is the average line system, there will naturally be a return-based adjustment trend, in order to repair the good away from too large.

When the convergence divergence is very large away from the moving average, the convergence divergence ratio, strength index and small wave structure can be used to analyze.

Choose the time to build a position against the trend.

However, the operation of this kind of reverse reverse trading need to pay attention to control, reduce the number of positions.

And timely stop losses to close positions.

¢Ý When the pattern is completed, the timing of the breakthrough of position building: the exchange rate fluctuation always alternates between the obvious trend and the obvious trend. When the trend is not obvious, various forms are often formed.

With the help of K-line combination and morphological analysis, when the form is completed and the direction of the breakthrough is the time to build a position.

At this point, perhaps guard against the risk of false breakthroughs.

In short, THE shortest way TO become a SUCCESSFUL investor in investment activities is to improve the success rate of opening and closing positions in trading.

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