After analyzing the Forex market, a trader should decide whether he’ll be bulling or bearing the market. Moreover, by this time he has to decide which part of his Forex capital he should invest into the deal. And finally the last step is actual buying or selling the contract. It’s the most complicated part of the whole trading process on the marginal markets when defining the certain moment of opening and closing positions should be as precise as possible. The final decision on how and where to enter the Forex market should be based on the combination of technical factors, principles of capital management and types of market orders.
The peculiarity of precise defining the time of entering or leaving the Forex market based on the technical analysis is in the short-term character of this analysis and is defined by days, hours and even minutes, but not weeks or months. But in all cases the same technical tools are used. Further the general provisions of such analysis are explained.
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