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    Thread: Simple strategy on how to read a chart (Part 2)

    1. #71
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      each forex trader must have his own strategy, we cant rely all time on others strategies and forex signal, good simple forex strategy can help you make a profit, a good trading strategy can make you become a good trader.


    2. #72
      My charts talk to me!
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      Your information is very good and I see that some uses only one frame for trading and I think that this is good must be used more than one frame in order to recognize an overview of the market and then define the entry points of smaller Frame


    3. #73
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      use candlestick pattern for the reading and studying the market movement, useful for the predicting the strength of price movements based on support and resistance lines. there are tools available is an indicator meta trader platform, use to make trading plans when the right moment when the entry and exit the market.


    4. #74
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      if you want to be successful with reading the forex trading chart make sure that you concentrate on the higher time frames because they give less noise and bring higher understanding to your business.


    5. #75
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      my simple strategy for trade only use trend line and also support resistance and candle pattern, by this way you will more easy to trade use no lag or repaint indicator for your trade, becaue usually when we use indicator this only give lag or repaint signal
      Nekad Trading the best forex trading strategy


    6. #76
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      to read my chart uses only standard indicators, such as an MA BB, because until now I can not get a good system to trade forex, because some systems that I use is always harmful in forex trading


    7. #77
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      reading chart is possible with many easy way most easy is to trend trend lines at higher time frame cause they have very much strong importance if one break trend line that become the support and next trend line near to the previous trend line become the resistance in this way we can trade as well.


    8. #78
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      The chart readings is the good way of tradings for lot of traders because we know that this market is good if we know the market well and if we do not have the right knowledge about the charts then we may not be happy to have the good and well trades as well.


    9. #79
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      Charts are very crucial and we should know them very well to take the best decisions in every occasions. We can read the charts clearly when we have clear knowledge about the charts and we can analyse them by using different time frames. There is not any simple strategy to find them clearly, we can only make them clear when we have a long years of experience to monitor them and analyse them.


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      shyammandal (02-20-2018)

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      if you want to be sure that the chart that you are looking at is exactly the right chart, then approach each chart with the price action trading strategy because that is actually the best way to go about it,


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