Developing skill is a must needed thing in forex. . you must have the capablity to learn from your previous mistakes. First try to trading in demo account and try to make a trading strategy. you must gather the experience to build up strong strategies and good money managementQuote:
Originally Posted by wolfkamikaz
i would suggest bollinger bands is among the best tool for a newbie to start trading.if you can combine these two indicator, then we can get higher probability to win;That is why we should only trust those which are best proven so that we will not face loss in future trades.
Skilled traders typically use moving averages to work out the direction on your Forex market, and different indicators as RSI and MACD, it is just a confirmation on your direction of moving averages, Other then don't forget to firmly trading in the economic news...
Best trading tools about which most of the new comers are unaware
I will discuss here two are using the best tool of the moving average indicators and other transactions momentum rooted indicators. Both are very important, my point of view.
Moving average indicators to identify market trends, deep-rooted and other momentum indicators to help traders warned traders suddenly future price movements.
I agree that we should trade only the best indicator. There are many indicators do not meet the commitments they promise. That is why we should believe that this is the best proof, so we will not in the future of the industry is facing a loss.
I advice that you commencement trading the most unstable term of the forex mart which is the New dynasty and writer term flap. Also try and confirm trading exclusive the student pairs in forex for the incomparable results for a newbie.
me ne moving average indicator sekha and wo kafi helpful b hy is lye mere khyal me ye sbko sekhna chaheye and ise implemend krna chaheye is se bohat help milte hy profit earn krne me baki double order laga k b loss se bacha ja sakta hy
Indicators, as tools of the trade, has been created since tens of years ago. Many of these indicators, the first time used, for various commodity price indicator. Currently, all of these indicators, the enhanced quality. We may choose which is best for us.Quote:
Originally Posted by nuh514
I advice that you start trading the most volatility conference of the forex market which is the New royalty and London meeting convergence. Also try and affirm trading exclusive the student pairs in forex for the someone results for a newbie.
moving averages have many uses they can be used as support and resistance levels and they can also be used as breakout indicators,and you also right about momentum which really measures the strength of a current trend and whether it is worth following or not.Quote:
Originally Posted by nuh514
Mein aik important tool discuss kerna chahon ga jo bohat say new trader naheen jantay wo ye keh jab hamari trade profit mein ja rahi ho aur hamain ye khatra ho keh market achanak reverse honay per loss na ho jaye tu aik tu wo apna stop loss break even per ya us say agay lay aye jitna wo pasand karay aur dosray ye kay wo order per double click ker kay apnay half order close ker day ic terha uska profit bhi safe ho jaye ga aur loss bhi naheen hoga.