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Forex Lost Profit Status
Forex Lost Profit Status
The third reason that traders spend many futile hours on the input signal is the illusion that the perfect entry will provide control and dominance.
Traders often think that the input signal will give them control over the markets and dominate them. This can be likened to preferring to use numerical random numbers in the numerical lot. However, if you also use special numbers or random numbers selected from the digital lottery, you have a chance to win. Almost the same true, moving average does not change or change your odds of success or loss of your trading, just as you can see when using days or days to pick up fibonacci numbers or others. I do not want to create an idea that creating a trading system is meaningless for you, of course, traders need an input signal form. It is also a fact that we need to analyze the trends that occur, what conditions we should expect by entering them. But by focusing on the input signal only, the system’s other complex elements and very important
Money management and trading psychology is the biggest mistake to ignore, ignore and ignore. The two most important elements of being a long and successful trader are now traders. By ignoring these elements, concentrating on the search for ‘Holy Grail’ will surely add you to 80% of the money, which makes you no money.
Enemies of a Technical Analyst are the following.
1) Passion,
2) To see what is present in the graph, not what is in the lower self,
3) Moving Outside the System,
4) To deal with the consequences rather than the consequences,
5) Not to take lessons from mistakes,
6) To forget that the sell signal is at the same time receiving signal,
7) Forgetting that the Al signal is in the hold signal at the same time
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Forex for Beginners
Forex for Beginners
I will tell you how to get into perfect forex trading on this subject. The main point is shudder. Look for several features in your actions. Do not engage in a single technique or principal-event.
Our first example is the CASE EVENT 1 in the picture.
Let’s examine the event:
GBPJPY has risen and has come to a strong point of resistance, and there is also a trend line here. There’s also a pinpar in the same area. Pinbardan can then be entered into the Sales process. Breakage can be expected for a more perfect operation. Then a spinning ball was formed. Processing can be entered here. For better processing, Fraction 1 can be expected. In this process, +75 pips above, +40 pips below. And the process is ongoing.
CASE STUDY 2
Let’s examine the event:
There is an upward trend in EURGBP parity. The process was in the console, gave the impression that it would go down, but then broke the main support-resistance point, then broke the trend line, and finally broke the intermediate resistance. Exactly this area can be processed perfectly and it can be taken +40 pips.
CASE STUDY 3
Let’s examine the event:
It is usually better to go down in the GBPAUD since the GBPAUD has experienced a sharp downward trend, and since then the upside has begun, the main trend is down. That’s why we are pursuing Sales. The price has reached the main resistance-support zone. There is also a trend line resistance here. In addition, the Fibonacci Expansion of the short bottom movement has reached 100% level, and the main trend of the classic Fibonacci level also overlaps 76% in this region. At this point we are processing and the process reaches +90 pipes, this process is ongoing.
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What should be considered before investing in the Forex market?
What should be considered before investing in the Forex market?
The Forex market is an international market, and its functioning, traded products and trading rules differ from other markets. Therefore, before the purchase and sale in this market, the operation of the market must be learned thoroughly. It is important for the investors trading in the market to gain experience in the demo (trial) account after getting information about the market, so that successful trading strategies can be produced. You can take the first step to this market by learning about the trading platform, order diversity, position collateral-profit / loss relationship, transaction conditions and other details. You can also improve yourself by participating in free trainings.