i am new to forex trading
i am new to forex trading i trade a small quantity of USD/JPY,GBP/JPY, JPY/INR & silver any body can give me guidance for this trading.
i am new to forex trading
i am new to forex trading i trade a small quantity of USD/JPY,GBP/JPY, JPY/INR & silver any body can give me guidance for this trading.
[QUOTE=“azgar;608862”]i am new to forex trading i am new to forex trading i trade a small quantity of USD/JPY,GBP/JPY, JPY/INR & silver any body can give me guidance for this trading.[/QUOTE]
Greetings - unique set of instruments to be trading.
I’d say that the best thing you can do is formulate an effective trading plan based on what “type” of trader you want to (and can) be.
This should include:
-your availability to check the charts
-whether or not you want to “set and forget”
-time frames you prefer to trade
-amount of risk your willing to take on daily/weekly/monthly
-your style of trading (price action, fundamentals, harmonics, supply/demand, etc)
-broker access
Focusing on those specific instruments only, I’d be aware of the “best” times to trade them, based on your trading plan.
Do you want to trade during periods of higher volatility, or, would you prefer the market to move slowly.
Just curious, is there a reason why you’ve selected these instruments over others?
FOREXunlimited Thanks looot
[QUOTE=“azgar;608898”]FOREXunlimited Thanks looot[/QUOTE]
Glad to help out!