Best trading tools about which most of the new comers are unaware.

[debasish]

It is the useful for the new comer in Forex. I think everyone will get facility from tools.

[shourove1212]

Forex trading tools can assist us both in technical analysis and money management which will greatly enhance our trading results. There are several indicators in MT4 which we can use to help us in trading. All these forex tools are completely free and can be used at no cost.

I think the biggest mistake is not controlling our emotion and doing simultaneous trade intentionally. We we make some profit it motivates us for the next trade and in the next trade we fall into losses.

[Pipsinfx]

i think Moving average is the best indicators in forex market, it always easy to learn for trading with it but good results traders can gain from this indicator. I set up 2 MAs, 10 MA and 60 MA for H1 chart to find entries.

[kamal8]

i would suggest bollinger bands is among the top way for a newbie to start trading.
it gives unclouded show of the market and it certainly module service them to determine how to agape a orientation.
sell when the price spot the bunk ring and buy when the terms proffer the move strip which is quite redress signal to business

[fxeon]

I have actualy found out something us�ful during trading that its not a must you abid to you own trading style if there are more trading styles you would love to courp up with.

if you really want to succeed in trading you manage, then follow the strategy of the strategy, to minimize the possibility of losing money and increase the amount of profit.

[trader911]

I also use MA and trendline indicator because it is very easy and simple. as we know that Trend lines are formed based on the calculation of a moving average. They help traders to make informed decisions on price movements and invest profitably. Technical analysts have a long history of using these lines as a fairly reliable tool for their craft. Based on this, nearly every trading software incorporates moving average trend lines.

[ludric]

I totally agree with you moving averages and trendlines are the most useful and easiest tools available to newbies, which can guide a newcomer easily without big analysis, but most of the time newbies ignore it as they seems very easy and useless to most of the new comers

Yes i do i use bothh tolls but i thinkm money management is a great tools ever it is a kind of loss amount controller, in forex currency trading business, MM helps we traders to make sure that we manage our account balance and then risk a small part of it per trade.

[yousef3elwan]

i once used MA in my first year of trading. It's recommended to use it, since it has many variations that you can try, but the most advantage of using MA is it's easiness in setup. it only use periods to help you determine the trend movement. It's crossing strategy has many variation, you can search in google

[msdf999004]

I think forex is a good job.I agree that we should trade with only best indicators. There are lots of indicators that do not meet the promises that they promise. That is why we should only trust those which are best proven so that we will not face loss in future trades.Be careful....................................

[ful]

The moving average trend towards finding a very good tool, is widely used by professionals with experience in the Forex market Forex traders. To give impetus to the indicators and a strong signal. I used the likelihood of moving average of the MACD.