What is Forex Trader Basic Framework?
Aug 03, 2020 at 11:50
736 Views
18 Replies
Member Since Jul 09, 2020
20 posts
Aug 03, 2020 at 11:50
Hi Friends
Its my point views are focuses on one central concept within the strategy framework: trade with odds. To do so, over multiple periods, we must analyze a variety of techniques in deciding if a specific company should be taken. Nonetheless, keep in mind that this is not a mechanical/automatic trading system; rather, it is a system that gives you technical information and makes a decision. It is important to find circumstances in which all (or most) technical signals point in the same direction. In addition, these highly likely trade conditions would usually be favorable.
Thank you
Its my point views are focuses on one central concept within the strategy framework: trade with odds. To do so, over multiple periods, we must analyze a variety of techniques in deciding if a specific company should be taken. Nonetheless, keep in mind that this is not a mechanical/automatic trading system; rather, it is a system that gives you technical information and makes a decision. It is important to find circumstances in which all (or most) technical signals point in the same direction. In addition, these highly likely trade conditions would usually be favorable.
Thank you
Member Since Jul 20, 2020
298 posts
Sep 30, 2020 at 02:17
There are many types of strategies available in the Forex market. The best of these strategies is technical analysis. If a trader can trade with a combination of fundamentals and technical, he will be satisfied with the trading profit. Profit depends on trading analysis. If the analysis is good, it will be easy to make a profit.
Member Since Jul 20, 2020
341 posts
Oct 05, 2020 at 12:03
A trader should focus on earning money from this market. For that, he has to make a good and profitable plan. A good plan can make him rich.
Member Since Jun 30, 2020
47 posts
Oct 26, 2020 at 06:49
While trading, make use of technical analysis and fundamental analysis to make profitable trades.
Member Since Oct 09, 2020
28 posts
Nov 05, 2020 at 11:03
There are different strategies available in the market. You just have to find the best one as per your trading style.
Member Since Oct 14, 2020
25 posts
Nov 26, 2020 at 07:55
By using both technical analysis and fundamental analysis, you can obtain enough knowledge to make profits. However, it doesn’t guarantee to make profits.
Member Since Oct 12, 2020
38 posts
Dec 02, 2020 at 09:24
There are plenty of strategies that you have for trading forex. Based on what you are comfortable with, choose a suitable strategy for you.
Member Since Nov 05, 2020
23 posts
Dec 03, 2020 at 07:58
Because there are a number of trading strategies available, you can try out different ones to suit your needs.
Member Since Jul 19, 2020
318 posts
Dec 04, 2020 at 15:13
Every trader should make a trading plan to minimize their risks and ensure consistent profit from this market.
Member Since Mar 15, 2021
17 posts
Mar 15, 2021 at 19:44
GeorgeBischof posted:Trading can be easy but making profit is difficult. Very few people can make consistent profit. Making profit is easy for those who have enough knowledge, skills and experience. You have to give lot of time in learning.
Every trader should make a trading plan to minimize their risks and ensure consistent profit from this market.
Mar 20, 2021 at 06:01
marnuslabushane posted:Fundamental and Technical analysis are both good before trading. But if you are very much into day trades, you will require more of the technical bit. You need bar charts man. I'd suggest Turnkey forex for MT5 and XM for 5. And take one or two fundamental factors into account as well. will help you in the long run
For fundamental analysis, it’s important to know about all the social, economical and political factors which tends to affect the exchange rates of currencies in forex.
Jul 27, 2021 at 10:13
Anoxiare posted:Thanx for agreeing with me.Tremblay posted:I totally agree to this. One needs to be fully equipped with all the information regarding fundamentals. It is one of the basic and the most important things.
Fundamental analysis is not that simple. To be good at fundamental you need to know about related counties economy very well. You can't just focus a few aspect of economy. You need full knowledge. For that you need to study a lot.
Member Since Jul 23, 2020
869 posts
Sep 03, 2021 at 16:56
Always manage risk. Don’t trade if you are not sure.
Member Since Mar 16, 2021
477 posts
Sep 05, 2021 at 14:54
Knowledge needs to be created to trade. This is the basic framework. It is very difficult to make a profit without knowledge.
Sep 06, 2021 at 19:56
tts_markets posted:
Hi Friends
Its my point views are focuses on one central concept within the strategy framework: trade with odds. To do so, over multiple periods, we must analyze a variety of techniques in deciding if a specific company should be taken. Nonetheless, keep in mind that this is not a mechanical/automatic trading system; rather, it is a system that gives you technical information and makes a decision. It is important to find circumstances in which all (or most) technical signals point in the same direction. In addition, these highly likely trade conditions would usually be favorable.
Thank you
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