Forex Zone - Forex Forum

What preparations do you make when you face a market opening

Discussion started on General Forex Discussion

  • Hero Member
  • Posts: 1367
  • Points: 421
  • Likes Received: 142
  • Reputation: +1/-27
I prepared myself both mentally and mentally. I also try to keep my emotions stable, because when we face the market later, something will surprise us
#211 - April 15, 2022, 08:28:12 AM

  • Hero Member
  • Posts: 2887
  • Points: 57
  • Likes Received: 216
  • Reputation: +7/-4
the preparation that I do when I want to trade in the morning for example I will see and choose a currency pair that if it is good to open a position in the long term because I prefer to use the long term the minimum is daily. 
#212 - April 16, 2022, 12:34:14 AM

  • Hero Member
  • Posts: 1367
  • Points: 421
  • Likes Received: 142
  • Reputation: +1/-27
I make preparations when Marlet is open usually when I will trade by scalping, usually I first check whether the Internet connection is really stable or not because this is very influential when we make transactions.
#213 - April 18, 2022, 10:48:53 PM

  • Sr. Member
  • Posts: 408
  • Points: 442
  • Likes Received: 13
  • Reputation: +0/-7
The preparations that I do are the same as other traders, namely I see how the trend is happening this week and I will also see where the right areas are to open positions
#214 - April 18, 2022, 11:40:58 PM

  • Hero Member
  • Posts: 3573
  • Points: 1003
  • Likes Received: 346
  • Reputation: +9/-4
Not having any preparation at the time of the market opening, what I prepared were technical tools such as indicators and clothes that I made and that's all I was just waiting for the right momentum to determine the position. 
#215 - April 19, 2022, 02:21:34 AM

  • Hero Member
  • Posts: 4506
  • Points: 1946
  • Likes Received: 389
  • Reputation: +10/-5
Already prepared. I don't think there is anything here for analysis problems, maybe it's just to line support and resistance for the long term, so I don't do analysis every day because 1 day is enough.
#216 - April 22, 2022, 02:56:56 AM

  • Hero Member
  • Posts: 3573
  • Points: 1003
  • Likes Received: 346
  • Reputation: +9/-4
For the problem of preparation that we can do, we must be able to open positions in the right way before the market opens, which is usually analyzing. How do we open a position in the right area later. 
#217 - April 30, 2022, 05:39:04 AM

  • Full Member
  • Posts: 188
  • Points: 688
  • Likes Received: 6
  • Reputation: +0/-3
Indeed, when we want to trade we have to prepare. Among the preparations that I have made is that I will look at all time frames and I will mark important support and resistance and I will also see the current trend.
#218 - May 14, 2022, 11:42:47 PM

  • Hero Member
  • Posts: 3573
  • Points: 1003
  • Likes Received: 346
  • Reputation: +9/-4
preparation at the time of the market opening in my opinion the most suitable is to analyze the long term first, that's what I usually do I will not analyze the short term I will choose a long term currency pair which is good. 
#219 - May 17, 2022, 01:11:44 AM

  • Hero Member
  • Posts: 1367
  • Points: 421
  • Likes Received: 142
  • Reputation: +1/-27
When the market starts to open on Monday, I first look at the history of the chart in the previous week and I will usually look at TF H1 to monthly, what has happened.
#220 - May 18, 2022, 10:27:22 PM

  • Hero Member
  • Posts: 2887
  • Points: 57
  • Likes Received: 216
  • Reputation: +7/-4
Preparation before the market opening is indeed analyzing because indeed by analyzing we can get the best results we can get the momentum that is in accordance with what we want later. 
#221 - May 19, 2022, 01:45:22 AM

  • Hero Member
  • Posts: 3144
  • Points: 7493
  • Likes Received: 631
  • Reputation: +39/-36
When the market is open, we can prepare a good trading plan, so we just have to follow it
#222 - May 19, 2022, 10:28:51 PM

  • Hero Member
  • Posts: 3573
  • Points: 1003
  • Likes Received: 346
  • Reputation: +9/-4
doing small analyzes such as making support and resistance lines and equalizing the time using different timeframes that's my job before the market opens. 
#223 - May 20, 2022, 06:02:03 AM

  • Hero Member
  • Posts: 4049
  • Points: 4
  • Likes Received: 260
  • Reputation: +5/-2
Regarding preparation, I usually analyze those who use the long term first for daily trading
#224 - May 25, 2022, 03:56:49 AM

  • Hero Member
  • Posts: 3144
  • Points: 7493
  • Likes Received: 631
  • Reputation: +39/-36
Prepare good planning and stable emotional conditions for sure
#225 - May 26, 2022, 02:08:06 AM

Members:

0 Members and 1 Guest are viewing this topic.