The
ability as a trader to take advantage of opportunities to grow with the growth
of experience, and you can then see opportunities through one of two ways:
1.
follow economic news in the countries where its currency trading, there are a
lot of traders prefer this method over other methods of market analysis.
Economic Reports had also carry a lot of potential moves in the market. The
issuance of indicators generates momentum for the currency pairs especially
high importance indicators. Depends analyst in this way on the direct follow-up
of news with the study of the effect of each type of news on the currency move
in trading Forex market, but the problem remains of how good prediction of 100%
of the price of currencies. Therein lies the problem, because there is no
possibility to predict the price movement in the exchange market, but there is
an increase in forecasting accuracy.
2.
Follow-up charts of the currencies of the fees. The follow-up charts
intervention in the framework of technical analysis. The rules of this kind of
well-known in all financial markets analysis, namely: first, that history is
repeating itself. Second, do not defy the trend. The merchant in this case to
see trading based on graphical models and calculations of subsidies and
resistors, and is used as an indicator MACD technical indicators and trading
volumes seen in couples, because it is easier to anticipate moves and predicted
prices refraction or reflection. And it is to seize the opportunities of the
market, according to his study.
There
are many important things to be pursued in the fundamental analysis when
currency trading:
First,
the decisions of interest from various central banks.
Second,
the results of the meetings of the Group of Seven and the Group of Eight
meetings of central banks.
Thirdly
employment reports for countries that are trading in their own currency.
Fourth
indicators of retail sales.
Fifthly
minutes of the various central banks meeting.
Opportunities
in the Forex market is divided into two parts:
Section
I: Short-term opportunities: the expectations are in the reversal of the
movement of the currency pair in the short-term interest to traders with small
accounts because the accounts cannot cover the short-term losses. And be a
period of minutes to a week.
Section
II: long-term opportunities: the expectations are in the reversal of the
currency pair movement on the long-term interest to traders with large
accounts, calculations can cover huge losses in the short term to get to the
opportunities in the long term. And be a period of a month to a year.
That
correct the vision of the opportunities as we said in the above is the ability
to anticipate price movements in the currency trading market. This market,
which cannot be predicted for a single currency prices, which increased by
100%, but some may be characterized by higher accuracy than others in the
expectation, based on their expertise and experience in the market. The
question remains the possibility of finding the Holy equation that enables
traders to reap gains in this market.
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