How Do I Enter a Market?

[yehudi 10]

Hello House,

 

 

Pls I am new to fx, how do I calculate ways to enter a market that it will cut short my losess and I will be able to maximize profit.

 

 

When I enter, it will just reverse against me that it runs to minus, for some mins or hours before it reverses back to 0.00 and profit.....

 

 

I need help pls!!!!

[MidKnight 12]

Pls I am new to fx, how do I calculate ways to enter a market that it will cut short my losess and I will be able to maximize profit.

 

Yes, that is the question everyone wants to know....

[handle 10]

Learn how to read charts. Look for who is in control. Then trade what you see.

[tradeforever 10]

Just follow this link to learn how to enter the market. I hope it's useful for you.

[FX-Price 10]

Common sense dictates looking for longs. I usually try not to trade on Friday, especially if situation is not clear and I’m already in nice profit through the week. There is few places to join the trend and I mainly will look for three scenarios. 1st – break out to the upside and retracement to 1.3680, then uptrend continuation. 2nd – correction to 1.3645 and from there move up. 3rd – weekness after break out to the upside and start of correction.