Earnings in the forex market largely depends on how competently and effectively the trader will be able to solve the main problems. They relate to entering the market, maintaining a trading position and closing an order in a timely manner. High-quality market analysis allows you to determine the price levels that are beneficial for opening a trade. st signals the likelihood of making a profit. Today I want to talk about them. Market observation has shown that certain situations can be seen as signals. They are quite often repeated and are most likely suspended by the fixation of profit.
Method 3 point
Accurate signals can often be seen during a trend. If the price changes periodically up or down, the price is adjusted periodically. He approaches the trend line and then fights it and continues to move within the current trend. The third reflection from the trendline can be considered an accurate signal. This is a favourable situation for opening a trading order. At the same time, I would like to draw attention to an important point. Each subsequent rebound point should be higher than the previous one for up and below the previous one for downward movement. Example:
Trend Line Breakdown
After strong traffic can occur across the trendline. Take your time, however, to open in the opposite direction. First, we need to make sure that we do not see a correction, but a change in the trend. The probability of a trend change will be high if, after the trendline is broken down, the price has returned to it and then the reflection has occurred. Example:
Fibo level 100%
Accurate signals can be obtained using fibo level 100%. If on the downward movement the price began to move in relation to the trend, broke the level of 100%, returned to it and bounced, it means that it is time to open a buy order. Example:
For upward traffic conditions for market entry are similar.
Price range of average range
This method is used to confirm a trend change. To use it, it is necessary in the price chart to draw a line in the middle of the price range. If the price turned down, the candle broke this line and closed over it, most likely the movement in the opposite direction will continue. You can buy it. For sale, it is necessary that the appropriate situation is observed after moving up. Thepy signals I said about today should not cause any difficulties. Just gain skills to work with them in your demo account. Inga Fedorova 20.03.2021 Record Accurate Forex Signals first appeared magazine for Forex traders | forex-for-you.ru.