Saturday, February 22, 2014

Principles of Forex Trading

8:36 AM

Market can be very draining your mind . Once you could have tossed around in the market . Therefore, you must have a trading principles . This principle will be your protective shield in the trade . As well as a main weapon strong and unwavering when false signals occur when trading . For the principle of trading became an important capital in the transaction process . In this article you will learn about the actual trading principles that can be trading well .

When asked how the market moves ? The extent to which the market will go up and down ? And when the market will turn around ? Rows of these questions can be answered by considering technical analysis . Behind the charts and graphs are mathematical formulas used to analyze the direction of the market , a few basic concepts are applied to support the variation of the current theory of technical analysis .
 
Actually, the basic principles of trading rules should be designed in such a way as to help explain the idea of ​​trading in general or specifically based on technical analysis . The idea of ​​trading is the final decision of a position to be executed , so it should be no accurate data to support the success of the transaction . This rule will be the key technical analysis and how to apply them to identify opportunities for "buying " and " selling " . The following are the principles of trading :

Map Motion Market DirectionStudying chart patterns and variations are consistent . Sharpen the analysis of the charts by a certain time , for example tempo weekly , monthly from the span of a few years . The map charts larger than the market will be presented to give a clear picture in a frame on a long- term perspective the market .

Plan your tradingDo not forget to always put a stop loss on each position you in the MT4 program . This is to prevent things that are not desirable . For example the internet die , power outages , computer problems , and other disorders . If there is no stop lost , just imagine how much loss will you suffer ? Because it can only happen when the condition of the market is no news that have a high impact .

Join the trendYou have to follow the trend . If you take the opposite direction it's called gambling . Do not use the blind prediction market action .

Cut lossWhen prices turn around , a lot of people who think , "I'll also be back again , conditions will be normal as expected . " If indeed you have a strong and accurate data to support your opinion , make sure you have the worst scenario, ie how much the maximum that could be floating your sacrifice . How much money floating in it ? Is not it better to exchange directions and taking advantage.

High and Low LevelDetermine levels of support and resistance . The best position to buy is approaching support levels . Support is usually a previous reaction low . The best position to sell is approaching resistance levels . Resistance is usually a previous peak .

If you apply all that you learn the process and encourage professionals , success in forex is not a mere imagination . To achieve desirable success , true trading principles must be followed by traders . Try to take advantage of the principles that are consistent trading profits can be obtained .


Related Keywords:
australian forex trading, singapore forex trading, online brokers, stock and trade, forex trading platform, discount brokerage, forex trading platforms, online forex trading platforms, spread trading, trade stocks, foreign exchange trading, forex trading in singapore, stock trading company, forex trading demo, talking forex, stock day trading, forex trading courses, trade forex online, forex trading broker, best forex trading software
Share this article :

Written by

We love the world of forex. Sharing information about forex is our way of showing happiness. Therefore we made ​​a "Campus of FOREX" as a portal to learn forex.

Forex is not something to fear, but fear when you are not able to control yourself in the forex or whatever. When profit in forex it becomes your personal responsibility, and when you lose in forex it also becomes your personal responsibility. Forex simply as a facility to achieve financial freedom, no more no less. Forex is a place to think realistically.

Being successful in forex, it means you are committed to establish a disciplined and thoughtful character. Forex may be the best mirror of your true character. Forex is just forex.

Happy reading.

Get free email updates!

Follow us!

0 comments:

Post a Comment

 

© 2014 Campus of FOREX.

Back To Top