Knowing the time to buy and sell currencies.

[ryuken]

I think this skill is something we all have to learn in order to make forex trading more profitable. I have found that sometimes it is easy for the people to have the currency if they are making some progress but if they don't make some progress then that skills has to be earned over a period of time.

 

[Achiever2015]

There are truly times that trading is more profitable on the forex market. These times are the period or times when closing of a country's trading time enter into another e.g the overlap of of London market with that of New York.

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There are truly times that trading is more profitable on the forex market. These times are the period or times when closing of a country's trading time enter into another e.g the overlap of of London market with that of New York.

 

[kasual]

buy fear and sell greed if the trend is bearish. buy greed and sell fear if the trend is bullish. this strategy related with risk management and as far as we focus on the trend, all of our decision order won't lead us get worst result. loss is certainty in this business but by have good guidance, the worst case won't occur.

 

[Markllee30]

Forex market open 24hr daily so here anyone trading any time. Forex trading is online business so I just follow these times for trading Australia: 5pm - 1am, Tokyo: 7pm - 3am, Singapore/Hong Kong: 9pm - 5am, Frankfurt: 2am - 10am, London: 3am - 11am.

 

[budado]

If you want to know when to open an account and what will be your SL and your TP you need to invest your time learning how to do fundamental and technical analysis. Some prefer to use fundamental and some prefer to use technical only. But one thing I learn while trading is that if you have two you will have better result than if you only use one.

 

[ryuken]

I think that is a skill no matter which marekt we works for and how many times we trade. it is the time that we need to understand and learn how to make money and say benefit from it. In some cases it would not be easy for many of the people to consider that as time goes on currncies can end up being complicated.

 

[kasual]

there is no exact parameter in entry and exit because market movement change anytime. but usually traders especially technical traders use support and resistance level to guide them in entry and exit. it will not easy at all even though in theory, it seems easy. need lots of practice to figuring out good entry and exit level.

 

[riddick09]

Yes, because, it's up to the trader. It's their decision that's why there is no such same trading and same thinking in Forex. Some can think it goes this way, others in that way. Yet, we can only think of the basic things like trading in the most volatile pairs and biggest market sessions.

 

[UMOFX IB]

You should first watch market movement . If prices are going high you can put order of buy when it will go more high you will get profit per pip . as many pips it will move. In low market position you can select sell it will give you profit . Market has fluctuation all the time select right time by doing practice when market is smooth . It will be in your banefit.

 

[kasual]

long experience in practice trading needed to know where the best spot to entry. trader work with their own system and strategy and by mastering it, can be sure they will able to figuring out when time to buy and when time to sell. all trader need to do is found the best and suitable strategy first.

 

[budado]

Timing is every thing in forex trading and I think its good to keep on investing in forex if we are really interested to learn. So far so good that I'm earning in forex some how. I do hope that I can sustain and maintain my account for good. I'm really happy that some how I do earn good amount of money some how. I do hope to see myself becoming a successful trader some day.

 

[sindarin]

In my own opinon, this is the hardest thing i ever know in forex, sometimes it could be very easy to get good timing in forex, while in the other time it is very hard to find a good timing to trade even for other currency pair too, but if that trader can trade in right time then they are wise traders.

 

[budado]

Doing analysis is the best way to know when to open a buy position and when to open a sell position. In forex trading we are in here to make profit and the only way we can actually make profit is when we tried to spend more time trading in demo account and learn how to become a successful trader. Its in skills that we going to make money.

 

[riddick09]

That's why our target for the analysis is to know when is the right time to trade or place our positions. Even we have done this analysis, there are always chance of the market changes of the trend or direction which makes it again in another analysis though, we already decided on our trades.

 

[sindarin]

Everyone must be want to know the right time to buy and also to sell currencies, but it is not easy as many people think to achieve some kind of abilities like this one, this is like a gift or someting that people must achieve with experience the trading itself. and then if we know the right time to bu or sell, then we will get profit and that is what every traders really want to get.

 

[indieover]

Indeed Learning how to do a good analysis is the most important thing to do. If you wouldn't be able to develop your skills in making good analysis, then you wouldn't be able to achieve anything on this kind of business. So better you make it your first priority

 

[riddick09]

You should have the trading strategy and skills first. After the learning on the basics its significant that we know how to seek for our own strategy. This will be the only time that we can come up with our analysis using those strategies. Yet, there's no specified time when to buy and sell our trades.

 

[ryuken]

It needs a lot of practice these days from the forex market for the buying and selling the currencies. I am sure there are people who are doing the trading for quite some time and managing to make money with it. It would not make much trouble with the demo account, so practicing on that would be good to get the timing.

 

[kasual]

yes, the key point is practice. even though we have good trading strategy already, we cannot make it work properly if previously we are not take our time to understand the strategy through practice. entry and exit from market is easy but figuring out when the good time to entry and exit is the real problem.

 

[budado]

In the long run I'm sure all of use will going to end up being happy. I know its so hard to make money in forex. I have hard time earning in forex as well. But same time I know if I just going to keep on trading in forex I know in the long run I can really become a successful forex trader.