Placing A TRADE - Page 3
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Thread: Placing A TRADE

  1. #21
    Today, hi friends, I have another question. My question is what actually makes the market to move in a specific direction. If the trend is up, why is it going upward and when down why is it moving down. What is it that is forcing it to move in a specific direction. I think that one need to understand rather than just buying or selling because your indior says so. What makes the market to proceed.

  2. #22
    Quote Originally Posted by ;
    Which are the things that you must look out for prior to placing a trade. If the market is going up, what's causing it to go up and if downwards, why can it be so, and hw will you know that if you input, the market will not move.
    First the market goes because people are buying and selling different currency pairs in the market simultaneously. Also certain occasions, news release or Central Bank Governor's speech also goes the market.

    To be aware of when to go into the market to place a trade, you have to have a egy in place that informs you when to input a BUY or SELL place, the profit you expect to make and your Stop Loss

    for a newbie, you have alot to read. However, to make your learning faster, get a mentor and follow his/her tips/egies

  3. #23
    Quote Originally Posted by ;
    Which are the things that one has to look out for before placing a trade. If the market is going upward, what's causing it to move upward and if downwards, why can it be, and hw will you know that if you enter, the market will not proceed.
    You never know where the market will go. We can not forecast the future. We can nevertheless speculate and test historical data to see if a trading idea works or not in the long term.

    You don't look as if you're really experienced in Forex and I suggest that you don't trade until you get an eduion and an tested trading plan which you examined yourself.

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