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$POLS
Market opening for trading in the first 15 minutes after the market opening
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It is not the ideal time to do any trading during the day. You have to wait until the numbers stabilize. Some of the activity is based on market orders placed overnight, or people trading erratically for one reason or another. Wait, sit, watch and wait.
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Watch the opening and know the working hours of the currency exchanges, and watch for a good opportunity to enter the market. Before you trade,
. You need to have a solid trading plan to exit a trade. Monitor the full price but may also set an exit price as well as an exit price.
. This will enable you to exit quickly if trading starts to decline quickly. By setting a stop price you can minimize losses in this scenario.
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