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How to grasp the correct entry time in foreign exchange trading?

The timing of entry, as the name suggests, is the selection of the price level for transaction placement.

Follow my usual approach (and it works every time:-D). When looking at a currency pair, first look at its high time frame price picture, determine what the general trend is, what price level the price is currently at, and whether it is close to the resistance price range or close to the support. price range?

If it is close to the support price range, then look at the low time frame price chart of the same currency pair. When the price gradually approaches the support level and the momentum trend disappears, once the price breaks the support level and shows no signs of rebound, choose to wait for the opportunity to short; however, if the momentum gradually weakens after approaching the support level and there are vague signs of retracement, then decisively Go long trade.

The situation is shown in the figure below:

EUR/GBP daily chart:

EUR/GBP 4-hour chart:

And when When the price is close to the resistance price level, if the price shows signs of retracement after hitting the resistance level, or the resistance price level is maintained, then consider short selling decisively. As shown in the picture below:

Daily chart of AUD/USD:

The above are all opinions of one person, please consider them carefully.