Sometimes traders want to know when to open long and short positions in futures trading. In digital currency futures trade, you can make profit from both upward and downward price trends. In order to know when to take a long position and when to open a short position, you must pay attention to several important points that can be different for each position. be
When should we open a long?
In order to open a long position in the best conditions, you must gain confidence from your analysis of any trading strategy that is used in the field of futures. You need to know that the time frames do not play a big role in opening a long position, but the technical signs and indicators that appear on the chart determine the time to open a long position based on your strategy. Normally, whenever the price rises and moves from the trading area to a higher area, it becomes an upward trend, so you must anticipate this upward trend in advance so that you can take a long position and profit when the signs of moving to a higher price level are seen. do.
When should we open our panties?
As we said above for opening long, signals and signs mostly determine the time to open short and long positions. To open a short position at any time is a big mistake in futures!! Definitely part of your strategy will be price analysis and forecasting, so in most situations we can check analytical points to open a short position, such as price break points, alignment With the general trend of the price and even the choice of currency to trade futures, you can influence the time of opening a short position. Normally, you should open a short position on the chart when the price reaches its peak and bearish signs appear.
Summary
In general, it does not determine the time to open positions, but the technical and analytical signs determine the time to open short and long positions. Any time is not suitable for opening and closing positions! As you consider the signs for opening long and short positions, you should also pay attention to the signs for closing positions. You must open the position with a plan and strategy so as not to lose in futures
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