Forex Zone - Forex Forum

wait for the moment then transact

Discussion started on General Forex Discussion

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
When you have succeeded in analyzing and you already know the direction of the trend where you have to wait for momentum because by waiting for this momentum you can decide to open a position correctly because confirmation is important both in terms of indicators and with chart patterns you must be able to have momentum right before you decide to open a position because most of the defeats are not due to wrong analysis but because of the rush to open positions and this has indeed been a lot of evidence so I hope everyone should know about this to be able to wait for the momentum first before execute.
#436 - August 19, 2023, 09:28:46 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
Waiting for the momentum of the transaction is something that is mandatory for you because when you can wait for the momentum of a good transaction later you can open a quality position so make sure what you are doing is you have to wait for the signal first even though you are bored you still have to be patient So that later you having a strong signal or confirmation later, you don't have to rush to open a difficult position.
#437 - August 20, 2023, 07:17:11 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
one of the failures that not many people consider is not waiting. momentum because failure is not only affected by stop loss or MC but failure can also occur when you. analyze and open positions but do not use momentum. don't wait for the price reaction because it's very important even though you already know the direction where you have to go. open a position according to the existing momentum, don't let you get ahead of the signal
#438 - August 21, 2023, 09:41:30 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
When you are waiting for the momentum of the transaction, make sure you are waiting for a signal and confirmation according to your method. When you use an indicator, you must wait for the signal generated from the indicator. When you use your own method, use your own technique, then you must be able to wait for the price movement to form a pattern according what do you expect, so all of that has to wait for momentum, you can't open positions without using good momentum, you'll be afraid of floating minus.
#439 - August 23, 2023, 08:32:06 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
Waiting for the momentum of the transaction is something we really have to think about and. We must learn to wait. the momentum of the transaction is very important before you open. your position should be able to see what is happening in the price movement what is happening in that position. is it qualified or not to open positions, so all of that must go through consideration first, don't open positions right away, I'm afraid it will be floating minus.
#440 - August 24, 2023, 08:35:41 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
Many people, even though they are professionals, I see, don't wait for the momentum of confirmation because waiting for confirmation is important in my opinion, even though you can have the right direction whether it's up or down, but still to open a position or make an entry, you have to wait for confirmation first. You really have to see what results from the movement of the candlestick in the hope that when you open your position there won't be a floating minus because a lot of what I see is an understatement and this is something wrong when you don't wait for momentum.
#441 - August 25, 2023, 09:27:05 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
waiting for the momentum of the transaction is our obligation as traders when we want to open a position when we already have a clear analysis because waiting for the momentum is the final decision that we have to wait for because that way we can see whether our open position is in the right area true or not, even though our analysis is correct, but there is no momentum to enter the market, you should not enter the market first, it will be very dangerous when you force it later
#442 - August 27, 2023, 09:09:43 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
whatever the momentum is, we must be able to wait before us. decide to open a position because the best open position is to wait for momentum whether it's a signal. the indicator whether it's confirming the chart itself because when we immediately open a position we won't. never know whether our Open position is correct or not even though we are right but we don't wait for the momentum first we will be hit by a floating minus. long and it will make our capital eroded by a lot when we use small capital
#443 - August 28, 2023, 09:33:29 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
70% of people always open positions immediately without waiting for the momentum of the transaction, including me, because they are confident that the analysis will be correct according to the petition and there is nothing wrong with that, but many people end up getting floating minus because they don't wait Confirmation signals that price movements occur are important when we open positions because when we open positions, apart from analyzing the direction of the trend, we must also be able to analyze the confirmation whether it is true that we open positions in that area or not
#444 - August 29, 2023, 09:52:52 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
The momentum of the transaction is what we have to use when doing it. Open a position without momentum. You should not open a position first because it is very high risk. Even though you are very confident in your trading method and your analysis, you still have to wait for the momentum to occur and what formation we can use to carry out these transactions
#445 - August 31, 2023, 09:16:01 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
When you are trading forex and you have succeeded in analyzing the direction where to go next you have to be able to wait for the momentum first because when you open a position without waiting for the momentum you are worried that later you will be hit by a floating minus and it could be that you will lose later so you should not Don't be too hasty for position accounts.
#446 - September 02, 2023, 08:44:23 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
waiting for the momentum of the transaction is indeed one of the right ways that we have to do when we analyze and open positions, we are indeed good at analyzing everyone, of course, will know where the price is going, but few people want to wait for the momentum to open positions because they thinking that momentum is not really needed even though it is very important waiting for the momentum to occur with price movements will make us more thorough and detailed in deciding to open positions
#447 - September 03, 2023, 09:24:41 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
That momentum is the most thing. It is important that when we want to open a position, the momentum cannot come at any time. We have to be able to wait or look for the right momentum when we open a position. Don't think that when you have analyzed the direction of the trend correctly you can immediately open a position. This is a big mistake. When we can analyze it, we have to wait first. What momentum appears, what can we get from information on market conditions, if the conditions are right, we have just opened a position
#448 - September 04, 2023, 09:25:37 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
Waiting for the momentum of the transaction is the result that we have to do when we. do any Open positions Open positions we are obliged to wait for the momentum that occurs if you are the type of trader who uses. indicator then you should be able to wait for the signal generated from the indicator. If you are the type of trader who uses price action then you must be able to wait for the momentum of the candlestick or chart pattern movement to occur because all of this will be important in determining your profit or loss.
#449 - September 05, 2023, 09:21:59 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
Before you open a position, it would be better if you wait. what momentum is formed in the market itself because when you don't wait for momentum you immediately open that position. big mistakes that you have to get rid of, that way you can know that when you are waiting for momentum, when the results do not match your analysis, you don't need to open a position.
#450 - September 07, 2023, 08:58:08 AM

Members:

0 Members and 1 Guest are viewing this topic.