I am a Beginner,i read many articles,but i don't know how to trade, i am using a demo account,and watching the market movement,but i don't know how to Read the Graph and How to take decision Buy or Sell,somebody please explain it with images.
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I am a Beginner,i read many articles,but i don't know how to trade, i am using a demo account,and watching the market movement,but i don't know how to Read the Graph and How to take decision Buy or Sell,somebody please explain it with images.
may this will help you...
1. you can visit candlesticker (dot) com. It is for knowing what the price want up or down
2. you must know where the Support dan Resistance area
3. may this will help you.. open the chart daily to know the price direction
that's all I can give for you...
NOTE: THIS IS NOT THE EXACT FACT. TRY TO FIND ONE LIKE THIS.This is simple, and not suitable in all condition. You may easily find by zigzag formation.
In the above image, you can see that the green lines. The line is one below one. This is strong sell trend.
In the below image, you can see that the green line is one above one to show the buy trend.
yes,your choice is good for selecting demo account.you can learn several important things from it.in demo account itself have a small tab for taking new orders.1)it is in left upper corner,2)click the tab named NEW ORDER,3)it shows graph about market movements,tabs are symbol,volume,buy and sell,4)you select symbol,buy or sell.5)for closing you double click the opened orders,it is in lower side.then close tab will be shown.https://indian-forex.com/images/smilies/good.gif
First you go through this forum , many of your doubts will be solved automatically. There are many free ebooks , tutorial available
which will teach you step by step . Try to use indicators and get to know how they works . And then practice your strategies on demo
account.
Select a pair and watch its price movement for some time - when you think you are able to find out the range it is trading in wait as it comes near support level and buy when it is near resistance level close trade or sell. And remember trading is as easy as buying at lower level and selling at higher.
You first of all need to understand the terms before you will be able to understand the images. What terms do you understand in forex trading and how can you relate them to a forex trading terminal. Also what trading terminal are using? Is it MT4? Metatrader is much easier to understand and get familiar with.
If you wanna make a good trader then you should that use just things that i referred u
1 :demo account
2:baby pips
3:Indian forex just 3 month use this thing you can make a good trader then you can't go in loss in your whole life i think knowledge is very essential for this .
You are right, learning forex is so easy if we first learn about all the terms used in forex. I don't think that opening position is so much difficult that we need to ask someone else to teach us with the help of images. The best way to learn forex is to visit ******** and to participate at this forum.