Trading on Forex markets requires different techniques to get into the trend and catch some or lot of profits from it.
The best maybe is to get into the trend when it is rising or falling. Others may say by breakout or support and resistance.
Everybody knows that but first, you need to determine what market is doing and create a strategy.
There are a lot of information of how to do that, then you need time and practice, a lot of practice.
Also, having the experience you need to think and plan the best time to enter and exit.
This article will be created by thinking about stock markets and to use three techniques to planning an entry only.
The management part I want to let you own desire because there are lots of exits strategies.
The techniques described here are tested and works, on currency pairs, stock markets and exotics.
But before you take any trading decision I strong recommend try it first and to understand the basis.2. Development:2.1 Trend corrections
This technique is called KNOCKOUT
The best if you can, after a sell-off or breakout, price crossing from an exponential moving average of 50 or higher.
If fundamental confirm a strong move this can give …