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Forex Zone - Forex Forum
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3 basic trading techniques for beginners
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3 basic trading techniques for beginners
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Re: 3 basic trading techniques for beginners
Dyandra
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I think price action identification is better because when you can use automatic price action you can use support resistance and can analyze trends correctly
#481
- October 11, 2023, 03:51:11 AM
Re: 3 basic trading techniques for beginners
Ikhtiar
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In my opinion, if a trader already knows the correct basics of trading, the trader no longer needs to spend hours monitoring price movements.
#482
- October 11, 2023, 11:10:46 AM
Re: 3 basic trading techniques for beginners
Vernalta
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Always prioritize reading trends using two conditions, namely identifying price action and using support resistance because reading trends using these two things will be very important and always needed.
#483
- October 12, 2023, 03:39:21 AM
Re: 3 basic trading techniques for beginners
Dyandra
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To begin with, so that you can analyze the trend well, make sure you use support resistance accompanied by other indicators and you must be able to study price action. So you know how to read trends well
#484
- October 13, 2023, 03:25:59 AM
Re: 3 basic trading techniques for beginners
Vernalta
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In my opinion, the most important basic technique is to master the trend because when you know the direction of the trend well you can open a position and all this requires the help of support resistance and identification of price action so that it is clearer.
#485
- October 14, 2023, 04:05:03 AM
Re: 3 basic trading techniques for beginners
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Re: 3 basic trading techniques for beginners
Dyandra
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It's best when you learn using trends. You should also be able to learn to use price action because in my opinion the use of price action is better for trading.
#486
- October 15, 2023, 03:51:56 AM
Re: 3 basic trading techniques for beginners
Vernalta
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Using the trend is a mandatory thing that you have to do because after all we have to be able to analyze it well and using support and resistance is also important
#487
- October 16, 2023, 03:21:05 AM
Re: 3 basic trading techniques for beginners
Ikhtiar
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The basis of trading by knowing the trend is good because those who are the type of trader are looking for safety and only make transactions if there is a trend.
#488
- October 16, 2023, 12:16:27 PM
Re: 3 basic trading techniques for beginners
Dyandra
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I prefer to use techniques using price action identification because there are definitely candlestick patterns and chart patterns that we have to memorize and that is better in my opinion.
#489
- October 17, 2023, 03:50:57 AM
Re: 3 basic trading techniques for beginners
Vernalta
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I think everything is important, whether it's using support resistance, using trends and using price action. These are all techniques that you have to master. Indeed, even without indicators, you can make a profit with these three basics.
#490
- October 18, 2023, 07:10:32 AM
Re: 3 basic trading techniques for beginners
Dyandra
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Using trends is important to open our positions, but we also have to be able to use price action, in this case using candlesticks to monitor and see the momentum that occurs.
#491
- October 19, 2023, 04:01:17 AM
Re: 3 basic trading techniques for beginners
Vernalta
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When you master the basics, you should be able to master the basics of support resistance and mastery of price action because in my opinion these two things will make you understand trends better.
#492
- October 20, 2023, 03:41:05 AM
Re: 3 basic trading techniques for beginners
Dyandra
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A good way to read trends is to use price action because these two things are interconnected. Plus the support resistance will be stronger so you can confirm price movements.
#493
- October 21, 2023, 07:44:47 AM
Re: 3 basic trading techniques for beginners
Vernalta
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using trends or the right steps that you have to take to master the basics and one of them is using support resistance so that later it will be easy for you to apply the system
#494
- October 22, 2023, 03:49:43 AM
Re: 3 basic trading techniques for beginners
Dyandra
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I prefer to use price action with the use of support resistance because in my opinion when I use indicators I am mostly confused and too late to open a position
#495
- October 23, 2023, 04:20:23 AM
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