The best entry points into the market

In order to make a profit on Forex, you need not only to choose the right direction of the transaction, but also to enter the market on time or, in other words, to find entry points into the market.

This determines how much profit you will get from one trade; whether you can take the entire trend or only a small part of it.

Entry points into the exchange market are the most favorable places in which a transaction will be opened; they can have not only price, but also time parameters.

There are several effective ways to find market entry points; each option should be applied depending on the current situation, making decisions based on market analysis.

It should be remembered that it is better to wait and earn more than to rush and lose profits.

We find successful entry points into the Forex market.

1. The simplest option is to analyze trend movement on shorter time frames, first you determine in which direction the price is moving, and then analyze lower time frames; it is best to enter when on the lower time frame the trend has completed its rollback and started moving to the desired side.

Based on this tactic, a fairly well-known three-screen strategy was built, using three graphs: junior, current and senior.

In an uptrend, this will be the minimum value, and in a downward trend, the maximum. Then you will have the opportunity to quickly close the transaction without risk and make a profit.

The principle of constructing the Three Screens strategy - http://time-forex.com/strategy/strategiya-tri-ekrana-eldera

2. Use of price channels - price movement always occurs along a curve; if the range of fluctuations is wide enough, so-called price channels are formed.

The most successful entry points into the market will be places near the support and resistance lines. Depending on the direction of your transaction - buy at the support line, sell at the resistance line.

You can also work for a breakout; in this case, the entry point will be a breakout of the channel in the direction opposite to the main trend movement.

You can build a channel manually, using the values ​​of minimums and maximums, or using special channel indicators.

Read more about Channel Trading - http://time-forex.com/strategy/torgovly-v-kanale

3. News Based – To enter effectively using this strategy, you will need to use a well-customized news feed. This option will give you the opportunity to immediately determine how the price reacts to this or that event that happened in the world.

As soon as you notice that the trend is actively reacting to the released news, immediately open a trade in its direction. It should be noted that the difficulty of using this method is that the price does not always adequately respond to various news and it is impossible to predict market behavior with confidence.

4. Trend reversal points are also one of the most successful entry points into the market, since it is at this moment that a new trend begins, which can bring big profits. You can determine a reversal either purely visually, by observing the price behavior, or using reversal indicators, or based on fundamental analysis, when the reason that caused the price reversal is visible.

In the first case, you need to calculate how many points the price usually rolls back, and if it noticeably increases, open a trade in the direction of the rollback.

In the second case, we simply install the indicator and wait for a reversal signal.

5. Indicators of entry points - there are also automatic options for searching for entry points; they independently analyze charts, indicate where to open transactions using dots or arrows, and sometimes send messages to the trader’s email.

You can download such an indicator here http://time-forex.com/indikators/indik-vhoda-v-rynok

Not all successful entry points into the Forex market are listed; each trader finds his own patterns in the process of work, so you can always add to the existing list.