Portal Industrial Cartagena Colombia - Forum - Contacts

Date: Sep 19, 2022

Forex Broker

Date: Sep 19, 2022

Gohhaa wrote:
Friends, please tell me a normal broker for Forex trading

Hello friend, I suggest you choose for yourself, for example, from this comparison FXTM vs eToro , according to the information that is written here, you will definitely choose the most suitable one for yourself!

iso400 · Member

Successful Forex Trading Steps - Pay attention to Daily Pivot Points Paying attention to the daily pivot points is especially important for day traders However, it's important regardless of whether you're a position traderor swing trader, or only trade long-term time frames. Why? because of the fact that thousands of other traders monitor pivot levels. The practice of pivot trading can sometimes be as if it's an unfulfilling prophecy. What we mean by that is that the market will typically detect resistance or support or change direction, at pivot points simply since a large number of traders place orders at those levels because they're confirmed pivot traders. So, the most significant moves in trading occur outside pivot levels, there is no reason for the move apart from the fact that lots of traders have placed orders anticipating the possibility of such a move. This isn't to say that pivot trading should be the sole basis for your trading strategy. What we're saying is that, regardless of your personal trading strategy it is important to be aware of daily pivot points to identify signs of trend continuations or potential market reverses. Consider pivot points and the trading activity within them as a technological indicator that you could utilize in conjunction with whatever your chosen trading strategy is.

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williamjacob · Veteran Member

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