FAQ What trigger(s) do you use to get into a trade ?

radex78

Active member
Jan 29, 2011
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#47
I use support and resistance lines.
I think this type analysis is still used many trader around the world, but to defined support and resistance area also each trader might hey have different view, some tarder use fibo line, some another might use pivot point calculator
 
Oct 27, 2017
19
1
13
#48
Triggers do I use to Enter a Trade is first of all you understand Market Structure For Triggers,Trend Line Break Trade Triggers,Trigger Drawbacks.
 

AlexH149

New member
Dec 12, 2017
3
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1
#50
I've been using a combination of support/resistance levels, stochastics and MACD on the 4-hour timeframe. Currently using a demo account as i'm new to trading. I like to trade ranges as this seems to be relatively simple. What are people's thoughts on this approach?
 

tomorton

Well-known member
Feb 28, 2002
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Exeter
#52
Entry triggers just aren't important if you've got a great set-up.

I'd like to see charts labelled up the other way round to the usual practice - instead of "Buy down here, sell up here", I'd like to see "Stop-loss here, buy above".
 

NVP

Well-known member
Jun 21, 2004
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fxcorrelator.com
#53
Entry triggers just aren't important if you've got a great set-up.

I'd like to see charts labelled up the other way round to the usual practice - instead of "Buy down here, sell up here", I'd like to see "Stop-loss here, buy above".
Doesn’t a set up need a trigger tom ?

Sure I get the stop loss comment ......but we have to see when to enter ?

N
 

gerryg

Active member
Sep 9, 2013
915
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#54
I've been using a combination of support/resistance levels, stochastics and MACD on the 4-hour timeframe. Currently using a demo account as i'm new to trading. I like to trade ranges as this seems to be relatively simple. What are people's thoughts on this approach?
Simply a trash, but glad to know you still stick to demo account. Don't rush to change demo money to live it can be painful.
Or at least reduce leverage as much as possible after making the transition.
 

NVP

Well-known member
Jun 21, 2004
35,842
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west sussex, UK
fxcorrelator.com
#55
I've been using a combination of support/resistance levels, stochastics and MACD on the 4-hour timeframe. Currently using a demo account as i'm new to trading. I like to trade ranges as this seems to be relatively simple. What are people's thoughts on this approach?
TRading is simple ......but not easy :smart:


Stay on demos and only think about trading real cash when you are smashing regular profits .....demo is pussy cat stuff.......as soon as you go to real money the honeymoon ends

N
 

june_girl7

Active member
Apr 9, 2016
314
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#56
Many people come into the markets thinking only about the reward and ignoring the risks involved, this is the fastest way to lose all of your trading account money.