Make the decision

Let's talk how to make the decision on an entrance in the transaction.

 

     Quite discussed question at forums about trade on FOREX — how to make the decision on an entrance in the transaction. Users create subjects, there is an exchange of opinions … Often answers are useless, since everyone describes an entrance in the market, leaning on the HARDWARE. And it is true, however is absolutely useless for others which don't know this system and don't understand, why on crossing of any lines it is necessary to buy to (sell) to pair.

  Once read on one of forums how someone beautifully told: «… I look through schedules and where it is written "money", I enter …». It is told strongly, words aren't present! Only for the beginner — it is unclear, and therefore also it is useless.

 

How it occurs?

 

   Some (especially it is peculiar to beginners) are included sometimes into the market only because pair is «at the very bottom (top)» the screen …

So, for example, the hero of article "Absolutely green", Sascha, bought recently to EUR\NZD steam, being guided by this sign. And when bought, understood that depths of the screen can be moved apart and pair can give much below … Naturally, the size of a position was measured "by eye" … There was it the transaction more or less safely, however the swap paid the considerable …

 

  Some carry out a task on geometry for the 5th class, drawing any straight lines. Someone looks at indications of indicators — on crossings any мувингов or fast стохастика with slow. Everyone trades, as can …

 

Without applying for the ultimate truth, I will try to describe how it is done by me.

 

  Certainly, everything begins with viewing of schedules. There is an analysis of a situation and definition of the greatest probability of movement of pair to any party. Thus I don't use any indicators — simply the HARDWARE on which I trade, it doesn't provide.

If the tool is analyzed on Н1 (that happens extremely seldom), except viewing more seniors timeframe on the same pair, any other calculations and actions isn't made. Everything as a result will be solved (as a rule) in one trading day and therefore anything, except entrance and exit points on profit and a loss, it is not required. Needless to say that at calculation of points of an entrance \exit, it is considered MM (a ratio a profit \loss etc.) — it I lower, since wrote about it repeatedly and to repeat everything in this article I do not see sense.

If (that happens much more often) is considered timeframe Н4 and D1, the analysis occurs more long.

 

The news background for the next week - two is looked through.

I count all position (as I enter from several levels the postponed warrants) — I look, how many remains a margin in the most "peak" point, taking into account mortgaging means.

I establish, how many approximately it is required to time to pair for achievement planned тэйков. Further I look swaps and the commission.

 

   For the purpose of more effective placement of means, I look through situation in cross-countries with correlating tools (for example EUR and GBP; AUD and NZD etc.). The preference on an entrance is given to that tool which will achieve the object earlier, than his "colleague" and movement in which will be big in points. Thus we will pay less commission and swaps (if it negative), we will earn more points and quicker return our means.

 

It is excessive to remind that at reflections over an entrance in the transaction, I recommend to read nobody another's analytics and to listen to councils of "skilled".

Here, by the way, the reason on which never I express where this or that pair at an open forum will go, and I do it only for clients of our alarm service.

 

And when you in the market, especially it is not necessary to read anything!

 

Well, say, you entered, being guided by the provision of pair on D1, trading experience at you not the big. You only mastered any the HARDWARE and started to try to trade on it. At this time you read at a forum of 5 or 10 statements that« … everything was gone — now only down and for a long time!!! …» (and you buy). Only those who wrote so, let us assume, trade on M5-15 and for them «down and for a long time» — it is 30-40 software and for a couple of hours, and for you — movement to the following postponed warrant. Such analytics won't help you. Besides, will cause uncertainty in the position that shouldn't be! And who can be charged for qualification of these "analysts"?

 

And still … You should know precisely that will do, if your calculations appeared erroneous. And in case of need, should be ready without delay and doubts to execute the planned!

 

Be judicious and prudent!