how to handle trades during inactive hours

skantthen sesilan By skantthen sesilan, 25th Apr 2012 | Follow this author | RSS Feed
Posted in Wikinut>Money>Forex Trading

About methods to handle inactive trading hours such as following the trend and thinking out of the box.

how to handle trades during inactive hours

So How Your Going To Solve This:-
1)Follow downtrend:-
In these type of problems,you should understand that the indicator will goes down and down until there are some changes started to take place.This is not an unusual thing for traders and must have the capability and confidence that you will take your money 2 times more bigger soon.In the same time,follow the downtrend during the inflation of a certain currency in placing your trades there.It means open position with sell and then buy(close position).This method seems quite uneasy for you to place your money but the result will be massive.Throughout my experience,I had been faced a situation like that in USD/JPY before in the mid September 2011 and what I did is opened position with sell on a Tuesday afternoon and when i opened my platform on night,BOOM!!!the indicator still goes down more and I've simply made 12000usd.....so,the downtrend method is 100% useful for everyone...and try it...



2)Think out of the box:-
When your facing inactive trading hours in important/friendly trading pairs.....You can open your trade in other currency pairs which are not eligible for usual daily trades....And the minor currency pairs are sometimes dangerous to trade(it means your market prediction will absolutely goes wrong and sometimes it would be your luck to generate more than 10000usd in a day suddenly)...However,if your having difficulties with the usual pairs your trade in,just switch mind to a minor/unfriendly pair....But before you trade in that particular currency pair make sure you have knowledge,financial advisors's analysis about the currency pair for the month and recent economic news about the country....Then,you can decide whether you want to buy or sell the currency pair...So,it's your choice to make a better,efficient and profitable decision during inactive hours..Hope you will use these tips and advices for a good trade...

Tags

Currency, Downtrend, Forex, Inactive Hours, Platform, Position, Trades

Meet the author

author avatar skantthen sesilan
i'm a bit money-minded...and love to give more business ideas to others...tat's all..

Share this page

moderator Steve Kinsman moderated this page.
If you have any complaints about this content, please let us know

Comments

author avatar Denise O
28th Jul 2012 (#)

Good information. Thank you for sharing.:)

Reply to this comment

Add a comment
Username
Can't login?
Password