Ten important tips for technical trading:-

wow very good point out about the technical analysis but i am not good known about technical analysis but now i am thinking am analysis using your ten tips so hope then time my analysis is work very good and i am able to make money from Forex Trading.

Trading on the basis of technical analysis is also very important as fundamental analysis.We must analyze market by both methods.These are very important point to consider while technical trading.We must know how to find out direction of trend,support and resistance levels and point of trend reversals.

yes vai i obey ur rule and maintain it .i think everyone should maintain it.then they will get much benifit to trade.so we will maintain this rule.

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Originally Posted by adonbaba

Dear friend today i am sharing you Mr.John j Murphys's ten important tips for technical trading which is written below, I think it will help you:

1 Map the trends
2.Spot the trend and go with it.
3.Find the law and high of it.
4.Know how far to backtrack
5.Draw the line
6.Follow the average
7.Learn the turns
8. Know the warning sign
9.Trend or Not a trend
10.Know the conforming signs.

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Thank you very much for sharing Mr.John j Murphys's ten important tips for technical trading. I am new one and try to know more about these points.

thanks dear for useful tips it will be helpful for me i use this while i trade with forex.
I thing every one should use this.

thank you for presents this tips
and we will try Benefit from these recommendations

Quote:

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Originally Posted by adonbaba

Dear friend today i am sharing you Mr.John j Murphys's ten important tips for technical trading which is written below, I think it will help you:

1 Map the trends
2.Spot the trend and go with it.
3.Find the law and high of it.
4.Know how far to backtrack
5.Draw the line
6.Follow the average
7.Learn the turns
8. Know the warning sign
9.Trend or Not a trend
10.Know the conforming signs.

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thank you for posting and I think it is very useful especially for those of us who are just learning forex and I think this is very useful for us all

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Originally Posted by adonbaba

1 Map the trends

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this is very important tip to follow , the chart and the frames it's like Google maps you have to zoom in more and more to understand what's going on all charts is important from monthly frame to 1MIN frame you have to connect each them by others to get the best results.

Follow the trend is the best strategy I've used and use today eleas dictate the rules of the market, but have to wait for them, I go hunting for opertunidades 4h chart. data and has great results, always with patience and discipline to earn good money in forex;

I agree with you, that follow the trend in the market is the best strategy in the trade. only the difficulty in using this strategy is when we have to analyze the trend. because of the trend that is the point where the trend will stop or trend will be corrected. so in analyzing trends, we should really be able to understand the movements well. doing so will allow us to follow the trend correctly.