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    Thread: I am a New member, Please help! (Part 2)

    1. #1
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      Question I am a New member, Please help! (Part 2)

      OK friend you have to read all but have to take one for your trading strategy that you like best - suppose among all trading indicators you have to choose one or two and among all trading time frame you have to choose one or two ; or among all trading method like scalping / short term / long term or swing trading ; choosing one or two of them you have to build one trading strategy for yourself instead of running after other trading strategy .


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      my advice to you is to keep things simple , get away from all complicated useless indicators and robots and use basic technical analysis and price action strategies and powerful tools such as the Elliott waves and the Fibonacci retracements , with time and patience you will get there.


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      friend never show any hurry for forex learning and forex success.forex is really hard business.lot of loose because of their hurry to learn and earn.you need to learn a lot and practice a lot.there are not any strategy can work 100% so take some strategy and try them on demo to make like your dream strategy.


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      Quote Originally Posted by najaf12345 View Post
      i think for the begginer MA strategies are good to trade. because ma strategies very simple to trade.
      you can took good profit on ma strategies.
      Using Moving Average strategy is simple trade with technical analysis , usually trader make two setup for MA , big MA and Small MA value , usually if small MA crossing up big MA , it's time to buy , and if small MA crossing down big MA . it's time to sell , this simple theory but difficult to in practice , mainly how to making profit with this strategy


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      If you are newbie in Forex market than you can try to learn about Forex first and try to demo practice for perfect real trading in Forex market other wise so difficult to success in Forex market.


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      IF you new,you should learn trading properly.Because forex need experience,knowledge,skill.Without this you can not success on forex.So you first should do practice on demo .Because demo can help you learn forex trade.


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      may be you have strategy but you facing losses cause you not have proper analysis skills.first in demo find your mistake then improve your trading skills.but if you want to learn easy strategy then focus on price action with candlestick pattern at 4h time frame also you can trade on awsome oscillator strategy which works on short time frame.


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      Search youtube for videos also use google to find books on topics you need or genrally about forex .
      “Money may not buy happiness, but I'd rather cry in a Jaguar than on a bus.”


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      well if you are still a newbie better instead for asking strategies you make your own, otherwise this spoonfeeding will devour you capital, try new strategies on demo and if they prove worthy use them on real.


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      In my opinion and this what i think and what i made that if you need to have a good profit you must open a demo account to know how to work with deal and avoid loss so you must know very good about how to use indicators very good to be an expert .

      ---------- Post added 07-02-2013 at 12:33 AM ---------- Previous post was 07-01-2013 at 07:23 PM ----------

      As i consider myself a professional in the forex trader but no one can stop the learning process in the forex trading so he must be careful while you are trading the forex market and put your plan in front of your eyes .


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