Price action basic. Part 7 - Page 3
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Thread: Price action basic. Part 7

  1. #21
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    This part for me is of utmost importance and I have designed my trading plan based on liquidity. For me Monday and Wednesday are " no trading days " as these 2 days are usually low liquid days unless there is a big news ready for release. I also avoid Asian session to open the trades. This gives me enough edge to trade the market profitably.

  2. #22
    Quote Originally Posted by Pricetrader View Post
    This part for me is of utmost importance and I have designed my trading plan based on liquidity. For me Monday and Wednesday are " no trading days " as these 2 days are usually low liquid days unless there is a big news ready for release. I also avoid Asian session to open the trades. This gives me enough edge to trade the market profitably.
    I agree with you that Mondays are usually the market moves in low liquidity, unless there is a high impact news. But I never gave attention to Wednesday. Do you have a logical reason why Monday and Wednesday the market always moves in low liquidity ?

  3. #23
    and then I think its objective and I don `t think so but I see the only one thing can improving their to trade forex may make you understand and you are learning and trading and when you get succeed in this Marketplace it cheap and you now I am a retailer in this negotiation can view how best make myself a successfully and I receive the money, but thanks to dear subject

  4. #24
    Learn how Information about price Strategy for Action on is better if I might be combined with trend line from and the support and point of resistance. Price performance can give to great accuracy of the señalpero the sign of might be mistaken if price fall have reached on supporting or set point that RATES will be typically overbought or oversold resistance.

  5. #25
    keep the knowledge aout the price action in avery important tools in the forexe market it is the very important tool of a forexe market price action means to support and resistence point is called the price action. when we see the trading screen market some time shows the price levels when the market came in to the support level the trader should be entered for the trading

  6. #26
    This section is for me to the greatest importance and I conceived my own trading plan based on liquidity. For me Monday and Wednesday are "no trading days" these two days shall generally low excluding liquid month ago great new ready to go. I also avoided Asian session open trades. That gives I sufficiently edge of trading in the market profitably.

  7. #27
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    Quote Originally Posted by suleen View Post
    keep the knowledge aout the price action in avery important tools in the forexe market it is the very important tool of a forexe market price action means to support and resistence point is called the price action. when we see the trading screen market some time shows the price levels when the market came in to the support level the trader should be entered for the trading
    It's good to have more knowledge about price action and its impact to the next price movement because history will happen again in forex. Getting more knowledge will help us to make proper decision in the market so a lot of practice is important part in trading. Price action could give accurate signal to the next price but it would be accurate if the time frame is right and you don't trade in high impact news.

  8. #28
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    Quote Originally Posted by andry777 View Post
    It's good to have more knowledge about price action and its impact to the next price movement because history will happen again in forex. Getting more knowledge will help us to make proper decision in the market so a lot of practice is important part in trading. Price action could give accurate signal to the next price but it would be accurate if the time frame is right and you don't trade in high impact news.
    history is to repeat itself, but we need to remember that in this trade may give a history of recurrent but not the same as the previous history so we have to be careful because sometimes it would be history repeating smaller volume and larger depending on which history will be repeated later so we need to figure out how this market movement later

  9. #29
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    I still cannot understand what the market liquidity is, but i know that some one or institutional or whoever he is has to be arrange the price if the price to high or too low maybe be bad for some country so he has to control the price but this is just theory, and I don't know in real live currency.

  10. #30
    The goal of the forex market differ from trader to another and I think that most traders want to achieve many goals of Forex and Forex think that is an important opportunity to get a good income but not a fixed and a variable is important that we gain experience first

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