We
will talk in this article about the magic formula in Forex trading, the
equation that aspires to know millions of merchants in this market. Equation
that reveals how prices move in the future, many people have tried to research
and experiment to figure out this equation, not only on the Forex market but
also in the stock markets, but the attempt did not bring about the expected
results.
The
technical indicators it is only the equations have been developed to closer
science future movements of the price range, and to be fair, these indicators
have proven their worth in several positions, but it cannot be 100% accurate as
it remains the risk of error and improbable, but after the emergence of these
indicators became accuracy predict bigger than ever before. One of these
indicators is the MACD and the levels Gann and Fibonacci levels, and other
other technical indicators.
Investors
may find others in the Forex seized upon the follow-up of political and
economic news, and they consider that it is the basis in the movement of
prices, and already the news, especially the economic ones give you the ability
to predict the direction of future price movements, but they do not give you
the levels that will stand then the price and whether there are any reflection
possible prices.
That
every Forex trader own way in circulation, and the manner of Aftrq trade and
priorities differ from person to person Such a difference thumbprint, it is
impossible to find two people do the same trading method, even if they learned
their trade routes from the same school. This is because each person is
characterized by a unique mind for the rest of the minds.
In
fact, every Forex trader is distinguished from other traders various business
his personality, some characters can bear to venture into the trade and some of
them is a conservative in his trade, that the difference between them is that
adventurer traders believe its conclusions after watching the market, soon to
conclude that the market because you will reverses enter immediately without
seeing a trend reversal in the chart, the trader either conservative he is not
doing the step only when Pam eye sees a reflection of market movement on the
chart.
Investors
are still looking to now for this magic formula, and that will remain are
trying to find them, or find more than the accuracy of the prediction of future
price movement. But only to be discovered this equation will remain your
conclusions and the way you think is who controls your business, and to be able
to understand the market you have to understand its components, the market is
made up of people who are in the process of trading so you have to understand
the people who trade, and to understand the people you study psychology, The
psychology is the way to understand the man and his way of thinking, the best
Forex traders understand them the human soul.
Magical
equation in Forex
And
will not leave you without having to connect you to a magical formula, equation
magic from our point of view, is to understand human psychology, the study of
social psychology and feelings of fear and anxiety, and the principles of
psychological schools Behavioral and a school of psychoanalysis, then you can
enter in the minds of traders and thus know how to think of others, and thus
roses expect their actions on what happened or what the news, and take precautions
in your business, whether to buy or sell.