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-   -   Suggestions please: Fundamental Trader looking for entry help (https://www.forexfactory.com/showthread.php?t=866152)

Derivative92 Jan 7, 2019 7:04am | Post# 1

Suggestions please: Fundamental Trader looking for entry help
 
Hello all,

I am a fundamental trader with a background in derivatives and banking. I am looking for a technical perspective on how to trade my fundamentals. I have a question;

If you were confident in the medium/long term direction of a pair, how would you both enter and heavily scale up your position in your assumed direction?

Thanks for all and any input.

STrading Jan 7, 2019 8:58am | Post# 2

I have a question; If you were confident in the medium/long term direction of a pair, how would you both enter and heavily scale up your position in your assumed direction?
This is a question that doesn't have a definite answer, sometimes price goes in one direction and doesn't look back and in this case you either enter or add positions or you will be left out of the move, other times price move in one direction then retrace then move again same direction, so you will always face this problem. If your good at picking the right direction you should focus on trying to figure how the market will make the move, if it will be a fast move or a slower move.

cat Jan 7, 2019 10:15am | Post# 3

Hello all, I am a fundamental trader with a background in derivatives and banking. I am looking for a technical perspective on how to trade my fundamentals. I have a question; If you were confident in the medium/long term direction of a pair, how would you both enter and heavily scale up your position in your assumed direction? Thanks for all and any input.
Study TA - it is the only way you will be able to time an entry and scale up your positions when the market pulls back. A couple of my threads deal with these aspect, see ' trader's academy ' & ' big secret to trading success ' ( no secret at all obviously ) and the thread I am currently posting on which is this one https://www.forexfactory.com/showthr...?t=787890which might also help.

It's all free here, so nothing to lose!

Derivative92 Jan 7, 2019 10:19am | Post# 4

Thanks both.

Cat - subscribed to your thread.

cat Jan 7, 2019 10:37am | Post# 5

Thanks both. Cat - subscribed to your thread.
You're more than welcome Sir!

dornachum203 Jan 7, 2019 11:02am | Post# 6

1 Attachment(s)
learn harmonic patterns , and when u find one, start with low lots then add when the price goes more into the harmonic zone.

Click to Enlarge

Name: download (1).png
Size: 108 KB

As you can see, every one small arrow is an enter, the first one was 0.01, the second again 0.01, the third 0.02 etc.... until you average your enter with max lot at the highest price, don't over-leverage , you never know what the market will do, have an edge.


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