# No one stronger market
# Transactions based on market trends instead of just focusing determine the highest point and the lowest price
# There are at least 3 trends of the market: the trend to increase, decrease trend and the trend is stable. You must have a separate strategy for each trend.
# Dung outside markets is also a 1 in the strategic needs of you.
# Buy quickly sell quickly when the market tends up or down.
# A signal to buy end with a sells signs and vice versa.
# Analysis of the failure of you and to draw lessons from it. All your lessons are expensive price, and you have to pay for it.
# Use the principles of money management.
# No transactions of loading and unloading, must have a plan
# Never leave your account must be in touch "margin call"
# Transaction model Pattern: revesal model, a model Exhaustion, and models breakaway always appear. Learning how to see the model in all transactions.
# KISS - Keep It Simple Stupid, more complex does not mean better but vice versa.
# Buy according rumored, sold by information "Buy The rumor, sell the news".
# Time is the decisive factor in currency transactions.
# Strategy "buy and hold" does not exist in the forex market.
# Always have 2 accounts. 1 My Item real and 1 virtual account. The study will not stop
# Analysis basic research causes of changes in the market, while technical analysis assessing the impact of the fluctuations that.
# In foreign exchange transactions, 4 points need to create a new model triangle (Triangle). Remember that 2 points to determine the direction of 1 cent.
# Road average (The Moving Average) is the only market that follow, not lead the market. It is not appreciated and only react to market. Only average for me know the starting point of a trend, but only after the trends that took place.
Cat # lose reduce losses is very difficult for the transaction. The ability to cut holes to lose the right skills are on the investors wire experience.
# Models is great concern because it is very common: Start Vai, 2 peak, Gap, Co, Gay support, can overcome, Triangle.
# Elliot Wave Theory - 1 trend, including 5-step waves is 1 han long trend
# Elliot Wave Theory - Quantity waves depend on the chain Finobacci
# Elliot Wave Theory - the market can not lower the bottom of the 4th wave.
# Elliot Wave Theory - Step 4 is not the wave lan waves through step 1.
# Support and resistance most efficient tool to identify and point to the market. To use the tools cogn block holes, chart support and protect important one.
# One of the industries affected most by USD is gold market. Prices of gold and USD often changes in the rate of one another.
# Dong Yen sensitive to changes in prices and the impact of market raw materials.
# The national production (Canada, Australia, N. Zealand) depends a lot on Japan than other countries.
# Dong Yen sensitive to forecast the Nikkei index, the Securities and Japanese real estate market.
# Dong money GBP (UK $) is managed in London will often be dropped reduction in U.S. markets, and sold small drops in Asia. Therefore, in New York, the banks stopped the price of lunch in the middle of GDB.
# Market transactions of the world’s largest London is occupied 32% of total market, New York with 18% and 8% with Tokyo. Followed by Singapore with 7%, 5% for Germany and Switzerland, France, Hong Kong accounted for 4% each country
# Do not use the market to meet demand đùa your pleasure.
Thứ Năm, 23 tháng 4, 2009
Tips in forex I like best
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