FOREX Trading Strategy - The Secret of Timing

Once you've identified a trading opportunity, the next step is to decide EXACTLY when to buy - and this is where many traders go wrong.Here we explain how to incorporate better market timing into your FOREX strategy - so that you can make bigger profits.Most traders time their entry levels incorrectly, so here's the right way to do it:Using Support and Resistance Correctly A basic wisdom of market timing is buy low, sell high well, the reality is, if you try this in FOREX trading, you'll end up losing money. First, let's define what support and resistance means.A support level is a historical price that traders come in, and buy to it support the market and the more times it's tested, the more valid the support will be.

1 comment:

  1. The stock is contributing nearly 60% to the BSE Realty index gains and is the top index gainer with gains as much as 2.3%. The stock hit an intraday high of Rs 101.80 per share and an intraday low of Rs 99.75 per share on the BSE.capitalstars

    ReplyDelete