Hi guys.
I am new comer in this forum, i hope i am welcome.
I just started to trade couple months ago, and have some problem hope you guys can give some advise.
you all know that forex is a 24 hours market, and we all need life beside watching market movement. I go to work in day time, ussually i start to analyze the market in the late afternoon. my location is GMT+7, so the London market has opened for 2 or 3 hours when i get home.
Sometimes i'm still trying to figure out market condition, and the price already start to move faster and miss the big move of the day.
My question is:
When is the best time to start analysing market condition in day trading?
What is the first thing you usually do, looking at the chart trying to identify the trend or searching for fundamental news?
Thanks guys.
I am new comer in this forum, i hope i am welcome.
I just started to trade couple months ago, and have some problem hope you guys can give some advise.
you all know that forex is a 24 hours market, and we all need life beside watching market movement. I go to work in day time, ussually i start to analyze the market in the late afternoon. my location is GMT+7, so the London market has opened for 2 or 3 hours when i get home.
Sometimes i'm still trying to figure out market condition, and the price already start to move faster and miss the big move of the day.
My question is:
When is the best time to start analysing market condition in day trading?
What is the first thing you usually do, looking at the chart trying to identify the trend or searching for fundamental news?
Thanks guys.
You can't make the market move, but you surely can follow the move!!!