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    Thread: Choose Your Entry and Exit Time with the help of chart.

    1. #1
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      Thumbs up Choose Your Entry and Exit Time with the help of chart.

      Forex friends Many traders get confused by conflicting information that occurs when looking at charts in different timeframes. What shows up as a buying opportunity on a weekly chart could, in fact, show up as a sell signal on an intraday chart. Therefore, if you are taking your basic trading direction from a weekly chart and using a daily chart to time entry, be sure to synchronize the two. In other words, if the weekly chart is giving you a buy signal, wait until the daily chart also confirms a buy signal.

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      Basically the entry and exit points are keys of success means the traders who know the best position of entering in market or getting out from market they always get success and earn profits

    4. #3
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      We should analyze out trades according to few indicators that give same signal on different time frames but should not make analysis more complicated by using lots of analysis, this is good to see the chart in different time frames but we should using indicators on the chart to better analysis so we can be sure with the trade we are going to take, if we are not familiar with the indicators we can not place a good trade just by taking a look on the chart only.

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