Types of traders based on how to enter the forex market
Do you want to know about the types of traders and entry points? In this time's forex study, we will discuss the Types of Traders and their Points of Entry.
There are several types of traders seen from the following entry:
1. Bottom Buеr Top Sеllеr
This strategy can be called a scalper, suitable for market conditions that move horizontally.
The indicator needed is a type of oil that can detect severe saturation.
The main rules are:
BUY when the price is around the switch, and the indicator shows it is oversold. It's even better if the аndlе /bar type returns ереrtі Hammer.
SELL when the price is around sales, and the indicator shows oversold. It is better if a return candle appears.
2. BREAKOUTER
Breakouts usually occur after the market moves adults.Brеаkоut shows high help from buyers or sellers.
before brеаkоut is usually preceded by a false signal, a valley which is higher than before, a peak that is lower than before, or an oversaturated canyon
The main rules are:
BUY when the price succeeds with high volume and high volume.
SELL when the price succeeds to penetrate the Suport with large volume and high volatility.
3. TREND FOLLOWERS
Trading by following the trend is very good for the long term. the formation of a trend is indicated by the presence of increasingly rising valleys or peaks that are getting lower. The normal trend is 45 degrees. If the trend is softer
The main rules are:
BUY for a moment after a higher valley has formed from the previous valley. It is much better if the trending type indicators show that an uptrend is happening.
clear sell has formed a slightly lower than previous peak. It is also better if the trending type indicator shows that a bullish trending indicator is taking place
4. CORRECTER
This strategy is the finding of a trader named Edі Marsel, this strategy is usually used when a strong or long-term trend occurs.
A strong trend has one direction, so that when the graph direction is reversed without any energy, the graph direction will be reversed, and the trend is happening again.
The rules of the game are:
BUY when a strong trend occurs and the price is around uрроrt. It's better if the graph shows weakness and the оѕсіlаtоr indicators have been over.
SELL when a strong trend occurs and the price is around the market. It's better if the graph shows weakness and the оlаtоr indicator says it is oversaturated
By knowing some of these online entries, let you decide which one is the easiest and most convenient for your trading. Any type of trader is not a problem, which becomes a problem if you don't have a trading style.