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3 basic trading techniques for beginners in Forex Education_699fadb3a6d85

3 basic trading techniques for beginners

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fxVirtuoso7

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So, here's the lowdown:

- First up, get cozy with "trend following." It's like riding the wave of market trends ? spot 'em and ride 'em!
- Next, there's "swing trading." Think of it as dancing with market swings ? jump in and out for short-term gains.
- Lastly, don't forget "day trading." It's like a quickie ? buy and sell within a single day. Keep it snappy and stay sharp!

For your other insights, you can seek some insights at https://insights.primecodex.com/academy/ . Hopefully, you can find your best trading techniques.
#556 - December 19, 2023, 12:16:52 PM

aizafx

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Quote from: Dyandra on December 19, 2023, 01:34:16 AM
The basis for mastering this technique lies in mastering price action because mastering it will have a positive impact on you understanding trends, understanding patterns, understanding support resistance, understanding open positions.
Price action is a simple trading strategy but need more experience to be successful, here traders usually only use candlestick pattern to measure market volatility and support resistance from reading histories.
#557 - December 19, 2023, 10:09:25 PM

Dyandra

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When you want to use basic techniques well, my advice here is that you should be able to use the trend function with support resistance and price action identification.
#558 - December 21, 2023, 06:08:58 AM

Vernalta

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When you master the basic techniques, the most important thing here is the use of price action because it covers everything, including support, resistance, candlestick, trend patterns.
#559 - December 22, 2023, 05:36:36 AM

Dyandra

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I suggest that you must use technical analysis using price action. The most important thing is to definitely use price action so that you can get big profits with your own manual analysis.
#560 - December 25, 2023, 04:45:47 AM

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#561 - Today at 07:52:55 AM

Vernalta

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The technique that I like the most is the use of support resistance because in my opinion, when you are an expert at using the support assistant well, you just need to use it as a tool to open positions plus candlestick momentum.
#561 - December 26, 2023, 04:40:13 AM

Dyandra

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You need to understand the use of trends, the use of resistant support, the use of price action, you must be able to master everything because this is the thing that is most needed to carry out analysis and open positions because this is related to price movements.
#562 - December 27, 2023, 07:00:56 AM

Vernalta

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You must remember to use the most important techniques here, namely price action and resistant support, so that you can see the trend clearly and have the potential to open positions well because this is very important to do.
#563 - December 28, 2023, 03:54:56 AM

Dyandra

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In my opinion, using good trading techniques here will make you comfortable, especially when you can master support resistance and price action perfectly because that is your lifeblood for analysis.
#564 - December 29, 2023, 03:35:16 AM

Vernalta

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For this problem, it is clear that the most important thing is to use price action. When you have learned about price action, you can automatically understand how to use support resistance and use trends as a whole and that is better.
#565 - December 30, 2023, 03:24:19 AM

Dyandra

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The three techniques that you must master are trend support resistance and identification of price action to open positions. These three things are the basics that you must master which you must memorize and must practice because only in this way will you really know how to condition the market  .
#566 - December 31, 2023, 02:45:51 AM

Vernalta

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If you use the technique I suggest the most important thing here is to focus on price action identification because it already includes everything about trends, patterns, demand, supply, support and resistance.
#567 - January 01, 2024, 06:02:08 AM

Dyandra

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if you use the most important technique here is to use support resistance when you can use support resistance well then you can know the trend well
#568 - January 02, 2024, 03:49:43 AM

Vernalta

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If you use the most important technique here is the use of price action because when you use price action well it will make it easy for you to open mature positions.
#569 - January 03, 2024, 05:58:48 AM

Dyandra

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In my opinion, the most important use of basic techniques here is the use of support resistance because in my opinion, by using support resistance alone we can analyze, we can open positions if we know how.
#570 - January 04, 2024, 03:33:47 AM
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