Opportunity is the password in currency trading, but is not password in life. There are many sayings in this area, including that "life chances" If you lose one of them, there are other, and so on. But we must take into account the scarcity of opportunities, whether in life or in Forex. The chances are generally constitute only 20% of the market events, while the risk constitute the remainder of the events, or about 80% of the events. The merchant who enjoys statesmanship necessary to take the captain is fully aware of the importance of market opportunities and ways to invest in its favor. Because it sees opportunities in the past events in the market and seized by excellently. In this way, it brings profits to invest in the Forex market.
That your ability as a trader to seize opportunities to grow with the growth of experience, and you can then see the opportunities through one of two ways:
The first method: follow economic news in the countries that are trading in their own currency, there are a lot of traders prefer this method over other methods in the analysis of the market. Economic news is carries a lot of potential moves in the market. The issuance of indicators generates momentum for the currency pairs, especially high importance indicators. Depends analyst in this way on direct follow-up to the news with a study of the effect of each type of news on the move currency in vox trading market, but the problem remains in how to predict the proper 100% for the currency rates. And here lies the problem, as there is no possibility of predicting price movements in the forex market, but there is an increase in the accuracy of prediction.
The first method: follow economic news in the countries that are trading in their own currency, there are a lot of traders prefer this method over other methods in the analysis of the market. Economic news is carries a lot of potential moves in the market. The issuance of indicators generates momentum for the currency pairs, especially high importance indicators. Depends analyst in this way on direct follow-up to the news with a study of the effect of each type of news on the move currency in vox trading market, but the problem remains in how to predict the proper 100% for the currency rates. And here lies the problem, as there is no possibility of predicting price movements in the forex market, but there is an increase in the accuracy of prediction.
That your ability as a trader to seize opportunities to grow with the growth of experience, and you can then see the opportunities through one of two ways:
The first method: follow economic news in the countries that are trading in their own currency, there are a lot of traders prefer this method over other methods in the analysis of the market. Economic news is carries a lot of potential moves in the market. The issuance of indicators generates momentum for the currency pairs, especially high importance indicators. Depends analyst in this way on direct follow-up to the news with a study of the effect of each type of news on the move currency in vox trading market, but the problem remains in how to predict the proper 100% for the currency rates. And here lies the problem, as there is no possibility of predicting price movements in the forex market, but there is an increase in the accuracy of prediction.
There are many important things to be pursued in fundamental analysis when currency trading:
First, the decisions of interest from various central banks
Second, the results of the meetings of the Group of Seven and the Group of Eight and the central bank meetings
Thirdly employment reports for countries that are trading in their own currency
Fourthly retail sales indicators
V. minutes of a meeting of the various central banks
The second method: Follow-up charts of currencies. The follow-up to enter the charts in the framework of technical analysis. The rules of this type of analysis known in all financial markets, they are: First, that history repeats itself, secondly do not defy the trend. The trader in this case to see the trades based on graphical models and subsidies accounts and resistors, and is used as an indicator of technical indicators MACD and sees trading volumes in couples, it is easier to anticipate moves and sign refraction prices or reflection. And it is to seize the opportunities, according to the study of the market.
Opportunities in the market is divided into two currency trading:
First section short-term opportunities: are the expectations in a reflection of the direction of movement of the currency pair on the short-term interest to traders with small accounts because the accounts can not cover the short-term losses. And be a period of minutes to a week.
Section II long-term opportunities: are the expectations in a reflection of the direction of movement of the currency pair on long-term interest to traders with large accounts, huge calculations are able to cover losses in the short term to reach the long-term opportunities. And be a period of one month to one year.
That the correct vision of the opportunities, as we said in the above is the ability to predict price movements in the forex trading market. This market, which can not be predicted one Tokyo currency at a rate of 100%, but it may accurately characterized by some higher than others in the expectation, based on their expertise and experience in the market. The question remains the possibility find the Holy equation which enables traders to reap gains in this market.
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