Kelly Price writed:


If you want to win at trading currencies correct timing of the currency market is necessary but if you try and be too precise you will lose. This may sound strange at first but if you look at how the price of the currency move will become clearer.1. When novice traders think the timing of the market dominate the two major thoughts: Tapas and predict market bottomsIt 's very enticing to do this as you want to be in on the best price with their business strategy for you but currency can not predict in advance for what? Because if you then you are simply expected that a conjecture is not supported and that you will get anywhere in life and certainly will not give you currency trading success. Let me give an example: A trader in the currency you see where prices are moved to a level of support and buying just about what he hopes will hold - but on the contrary the price continues to support, through the and level out. What he should have done is confirmed that the level was to sustain (how we do this in a minute) but first lets look at another commonly held belief related above.2. HighYou the low sales of the purchase have heard that this is the way to make money on the investment - but it 's hoped that once again we wait and guess what does not help us win, and also means you miss the main trends of the currency and not get in with their currency trading signal - why? It's the fact of S.A. that most of the new trends (and stronger) or development of new market highs and you can check this in any letter of the currency. Traders who expect the market to expect a better price, just see the trend disappeared over the horizon and they don 't achieve any benefit from it. The solutionis to base their trading strategy to confirm whether the currency is flat or be held to break the momentum oscillators. If you don 't know what it is your time to learn. We don 't have time to cover here - but is covered in our articles and give advance warning of changes in the speed of the price. If a price is dropping to help - wait for a return which will be confirmed by these indicators. You miss the turn but was accurate can 't finds it in advance anyway, so there is no point in trying and if you negotiate hard on their side the odds are in his favor. The same technique is used when a release of the new market highs or lows - if the momentum carries his movement supports the signal and goes to commercial break. Negotiating OddsIn both of the above examples you have not entered the lower price or better but what you have done is entered into the lowest price and best odds on your side and negotiated reality. Perfect synchronization and perfect is a myth, no one can do and how best to negotiate the reality is when you use a trading system of the currency and that means that all movements will confirm its way before negotiating. Keep in mind if you get only 50% of every major trend you would be very rich. If you want to learn currency exchange the right way you carry out that perfection is impossible. The trade of the currency is about the making of money is not intended to be ready and it 's on trade in high probability moves and then it means waiting for the confirmation.