Identification of spike pattern:
Dear members forex trading market k chart mein traders aksar asy Position ko dekhty hain , Jis mein market large upward or downward mein move krti hy. Yeh pattern bahot short period of time mein accure krta hy. Yeh pattern tab accure krta haly jb market mein supply or demand balnce nai rehty , or agr common technical Analysis ke baat ke jay tu spike pattern ko reversal pattern sy reffer kiya jta hy.yeh pattern tab form hota hy jb market ka emerging time end hota hy.ese liye es ke movement slow or down ho jati hy.
Factors of spike pattern:
Forex market mein spike ke bahot c reasons ho skti hain lekin jb all over world mein big unexpected koi event hota hy tu es ke Wja sy marekt ke movement unstable ho jati hy.
or market up ya dwon breakout kar jati hy. es k elawa different financial companies ka data ya releases b spike ke wja sy bnti hy. Non formal, payrolls, consumer price index, employment, GDP, data es ke wja sy bnty hain. ese liye hmain in sb factors ko mind mein rkhna chaheay or us k bd trade active krni chaheay . Unexpected moment or surprised moment ko spkie kaha Jata hy.
Rules for trading with spike pattern:
1: Dear members trader ko spike k liye tb ready rehna chaheay jab market mein short term sideway movement ho or q k es liye bd spike ka produce krny k chance bahot zyada ho jaty Hain.
2: spike ko Accurate krny sy pehly market mein clear trend hota hy or trader ko clear trend ko easy nai lena chaheay Kun k market kbi b opposite direction mein move kr skti hy.
3: Jb market mein koi news ya event hit krta hy tu es ka impect itna hota hy k market apna original move forgot kr dti hy or news event ko market mein clear spike form kr skti hy.
4: Jb market mein Supply or demand ke ratio disturb hoti hy tb b spike generated hota hy. market mein trader ko pehly sy pta hota hy k kitna proft ho ga.
how to avoid loss using spike pattern:
Dear members forex market mein hmain economic calander ko mind mein rkhna chaheay or kse b big speech news ya event sy pehly Trading nai krni chaheay. o hmain apni learning skills ko use krna chaheay or proper technical Analysis ke base py trading krni chaheay taky hm acha profit earn kr sky.hmain apni learning ko continue rkhna chaheay.