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
Before opening a position, it would be a good idea to wait for the momentum.  Why do we have to wait for momentum so that we know why we open a buy or sell position at the right time in the right area with the right combination of techniques because when you open a position without waiting for momentum and only relying on indicators or just relying on instinct. In my opinion, that's  it will be very dangerous because there is no management clarity and no technical clarity.
#556 - March 03, 2024, 07:05:44 AM

  • Hero Member
  • Posts: 18278
  • Points: 7264
  • Likes Received: 81
  • Reputation: +2/-0
Waiting for a moment can sometimes be boring, but what's interesting about forex trading is that there is a small time frame so if you don't want to wait a long time for a moment then we just have to trade in a small time frame because in every time frame there will definitely be moments that happen.
#557 - March 03, 2024, 09:41:24 PM

  • Hero Member
  • Posts: 7558
  • Points: 138
  • Likes Received: 25
  • Reputation: +0/-0
This is something that many people forget, especially when doing analysis or wanting to open a position. In my opinion, momentum is a strategic position that we have to wait for before we open a position. When we analyze and we make sure the direction of the trend is correct, in our opinion we have to  Waiting for the momentum to form a more appropriate Open position
#558 - March 30, 2024, 10:21:19 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
Our obligation is to wait for the transaction momentum well because when you are able to wait for the transaction momentum such as confirmation of the right signal then it will become an open position that is important for you to use and take advantage of seriously later.
#559 - April 06, 2024, 09:59:20 AM

  • Hero Member
  • Posts: 18278
  • Points: 7264
  • Likes Received: 81
  • Reputation: +2/-0
Currently, there are still many traders who cannot wait for the moment and control their emotions when trading, and this causes them to not be able to become successful traders.
#560 - April 06, 2024, 12:41:28 PM

  • Sr. Member
  • Posts: 490
  • Points: 6
  • Likes Received: 2
  • Reputation: +1/-0
Transaction momentum is a good momentum for opening positions because by using good momentum you will definitely be able to trade on target and in my opinion there is a lot of momentum so I prefer to use patterns formed by a candlestick over a long period of time, for example  one day or one week
#561 - April 13, 2024, 02:44:04 AM

  • Sr. Member
  • Posts: 487
  • Points: 3
  • Likes Received: 4
  • Reputation: +1/-0
Waiting for the moment is one of the last things that is important for you when opening a momentum position. There is an analysis where later you will find confirmation, either from an indicator or from a candlestick, and that is a rule that you must do before  carry out execution.
#562 - April 22, 2024, 07:54:39 AM

  • Hero Member
  • Posts: 18278
  • Points: 7264
  • Likes Received: 81
  • Reputation: +2/-0
If we want to survive in trading, we have to wait patiently because there are also those who have made trading their main job, namely trading for a living and they have a lot of time to wait for the moment.
#563 - April 23, 2024, 12:29:00 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
It is mandatory to wait for a transaction momentum so that later when you make a trade you can get what you want well and this should give you the best confirmation.
#564 - April 27, 2024, 08:35:44 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
When you are waiting for transaction momentum, it becomes important for you to wait for confirmation
#565 - April 28, 2024, 06:31:25 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
If you wait for the momentum of the transaction, that's very good. The point is to focus on what you are doing
#566 - April 29, 2024, 05:43:41 AM

  • Hero Member
  • Posts: 32214
  • Points: 670
  • Likes Received: 46
  • Reputation: +51/-45
You have to wait for the momentum of the transaction so that you have many benefits and are not in a rush to open a position
#567 - April 30, 2024, 04:46:53 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
Indeed, you have to wait for all of this so that when you can do that you can get confirmation that is right on target.
#568 - May 01, 2024, 06:56:15 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
Waiting for momentum is important. As long as you wait for momentum, you have to be patient.
#569 - May 02, 2024, 07:17:05 AM

  • Hero Member
  • Posts: 32214
  • Points: 670
  • Likes Received: 46
  • Reputation: +51/-45
Waiting for transaction momentum is a good thing which is an opportunity for success in the future
#570 - May 04, 2024, 01:52:21 AM

Members:

0 Members and 1 Guest are viewing this topic.