The Dynamic, ever changing Forex Market
Using one ENTRY technique all the time does not work. This is because the Forex market is a dynamic market where the market trades sideways one moment and then starts trending the next. The market is very quite at times (before Asia opens) and highly volatile (High impact announcements) the next.
Traders often think that ONE trading strategy and ONE ENTRY technique is going to make them wealthy beyond their wildest dreams.
In this section we present you with a great number of ENTRY techniques and indicators. The reason for this is not to confuse you but to add to your stock of techniques which you can use when the best set of trading circumstances present themselves.
If you know 1 basic ENTRY technique and the market changes, there are not going to be many trading opportunities for you for a very long time. Traders therefore have to have a range of trading techniques for the many market conditions that may present themselves.
To make it easier for you, we have divided this module of the Simple-N-Easy to 7 main ENTRY types of ENTRY techniques.
- ENTRY Techniques for Breakouts and Bounces
- ENTRY Techniques for Trend and trend continuation trades
- ENTRY Techniques using Momentum
- ENTRY Techniques using Horizontal support and resistance
- ENTRY Techniques using Non-Horizontal support and resistance
- ENTRY Techniques using Mathematically calculated ENTRY points
- ENTRY Techniques using specific Market behaviour
We have also created a section which guides you as to the best ENTRY techniques to use based on the market conditions at the time.
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