What preparations do you make when you face a market opening

What preparations do you make when you face a market opening

Ms

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Dear traders all who are here, what preparation do you do when going to face the market

Do you also directly OP when a new market opens ??


Linkback: https://www.forex.zone/general-forex-discussion/1/what-preparations-do-you-make-when-you-face-a-market-opening/2405/

#1 - August 16, 2019, 01:52:24 AM

« Last Edit: October 29, 2020, 10:12:23 PM by Admin »

Re:  what preparations do you make when you face a market opening

ariezz

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To face an open market, I usually have prepared scenarios using a long-term strategy, but sometimes I don't trade right away when the market opens.

#2 - October 28, 2020, 04:31:30 PM

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Genic08AD

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I rarely trade when the market is just opening, I often trade on Tuesday when a trend is formed and is clear and I use the weekly time frame.

#3 - October 29, 2020, 02:00:49 PM

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Billy Atkinson

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if a trader often traps, the preparation is before the market closes to get a profit when there is a GAP at the beginning of the week.

#4 - October 29, 2020, 03:36:25 PM

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Aryox

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I don't trade when the market opens but I tend to trade when I get signals from the trading system.

#5 - November 05, 2020, 12:50:44 PM

Re: What preparations do you make when you face a market opening

Tahajud

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see how the market conditions, prepare the trading plan we already have, observe which pairs we have a chance to trade, and wait until we can execute all the set ups.

#6 - November 05, 2020, 10:17:54 PM

Re: What preparations do you make when you face a market opening

Rizky_Rizal46

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I tend to be unprepared when the market opens because I don't trade when the market opens and with my usual strategy I trade according to the system signal

#7 - November 11, 2020, 04:26:55 PM

Re: What preparations do you make when you face a market opening

miqbal79

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I will usually prepare the fundamental news for the next week so that my preparation is both a strategy and a scenario.

#8 - November 11, 2020, 05:57:44 PM

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Kapoor

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I tend not to use preparation when the market is open because I don't use a trap strategy, I will only do analysis when there are trading signals.

#9 - November 12, 2020, 01:27:43 AM

Re: What preparations do you make when you face a market opening

Sugeng Setiadi

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If we trade immediately when the market is open, there must be preparation, but if we don't trade immediately when the market is open, we have to prepare with our strategies.

#10 - November 19, 2020, 01:44:03 PM

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kusneni

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Preparation when the market opens, of course, analysis, predicting market movements at the beginning.
Besides technical analysis, we also have to consider from a fundamental point of view, because it is very influential at the beginning of the market opening.

#11 - November 22, 2020, 03:10:19 PM

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Fahmi Am

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Trading preparation must be done at any time.
But in my opinion, the early market was dangerous because there were always market tricks.
Better to wait for the mid-Asia market time or the early European opening time because it is easier to analyze.

#12 - November 23, 2020, 03:43:25 AM

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Libra

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I rarely trade at the opening of the market on Monday unless that day there is a fairly volatile price movement, even though it rarely happens.

#13 - November 25, 2020, 05:11:24 PM

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FardhanVx

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My preparation is the same as the previous preparation, namely the strategy and also mental preparation in facing every market condition because we know market conditions change every day.

#14 - November 25, 2020, 06:29:51 PM

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PrimaFx

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I tend not to have any preparation when the market opens because I don't immediately do transactions when the market opens. I usually trade from Tuesday.

#15 - November 26, 2020, 01:10:01 PM