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    Thread: Eyes and Ears of Forex (3)

    1. #41
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      For me I think the eyes in forex trading is the naked chat with no indicator because when you are able to read these chart correctly then you can be able to determine the trend of the market while the ears is the fundamentals which has the power to turn the market around, so these are the eyes and ears in forex.

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      lol. nice example you have their, this two things are somehow important to being successful in the forex trading market, indicators and a strategy are almost alike, a strategy consist of combination of several or one indicators, when we have good strategy then it means we are putting our indicators into perfect use, and this will give us god profit in the market, we ca always learn how to use the indicators in the demo account

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      Quote Originally Posted by malang View Post
      nice understanding, it seems like that eyes are the indicators and ears are the analysis. Good to hear like these words and no doubt if e technically saw that this thing quite right that trader can analyze the market by putting its eye on the chart and then can get better idea through its analysis that what should do next.
      I dont believe use indicator in my trade account so i dont think Indicator is eyes for forex business. if you can understand indicator language then you can take right decision for open a new trade. but if you cant understand the indicator then it is totally zero for you. so i think only own knowledge is most important for this business.

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      I do agree with you that forex trade marketing business is easy and easy to understand. In Forex trade marketing business it's easy to make the profit and very hard to become loss if we have proper knowledge about this business. If we have a hope that we can and we will make money from it then we have to learn and we have to do practice.

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