Every Forex trading system is based on technical or fundamental analysis or element of both.
Directional trading strategies based on technical analysis while providing awareness of key fundamental factors that may affect the market. So, if our technical analysis tells us to trade, but the high volatility news announcement of the cut, it will tell you to avoid trade and reactions to news announcements could dramatically overcome the technical analysis and deletion of potential trade.
Thus, while fundamental analysis is provided, the system is based on technical analysis, which is an analysis of key factors that indicate whether the trade is available.
analysis begins with identifying the market trend, and then seeking to identify when the trend will break, and when it happens some simple rules that are applied to define the entry, exit and stop levels and trade.
In addition, trend analysis also looks at three key indicators are moving averages, Fibonacci and Pivot Point bodova.Strategija restricts only those indicators so as to hold a simple set of indicators to identify and work s.
Each of these indicators are used to influence how trade can move and could therefore affect where the entry or exit points.
Technical analysis may also take into account any of the hundreds of other indicators, but you must be careful not to over analyze the market and therefore in the end not being able to trade anything.
0 comments:
Post a Comment