The forex is not easy, all tradeurs before entering this business, they think they will be rich very quickly and make $ 20 000 in a week or two, but when they start their currency exchange discover that this is not true.
It is not easy to make money especially when working with money. Very difficult, many of us think that there is a conspiracy planned by "the big guys," they know what we mean what we plan to do and they do the opposite, many times we think we do the opposite of our decision (if I see that the market goes up then I'll sell). And we start looking for someone to help us do at least 200 or 300 pips per month, no doubt many of us work with advisors who simply took our money and probably does not help us make profits. Many of us think of leaving the trading, but I think most of us will never leave easily, because we believe in a golden opportunity to have our own business and make our fortune!
The exchange is an opportunity to make a fortune at the same time is an opportunity to lose our money, we can make a fortune if we knew how to handle the forex, if we do not know how to control the Forex it will destroy us, we must be stronger than him, and if we do not know how to control it with our own hands, he will destroy us too. So how I can be stronger than this beast? It is simply by learning, observation and practice. The FX market is going nowhere, to learn from experienced traders how they became good tradeurs, observing the graphs and look for common ground, and when you discover the reason that influence the price, you will have in your hands the first tool that gives you control. And every new thing you learn, try it on a demo account, see if it is valid and develop it. Forex in this article, I will help you find your way, this article does not give you the fish but it teaches you fishing. There is no conspiracy theory in this case, we lose because we do not know, and the first thing we must do to become good tradeurs to admit that we do not know, and we must always learn.
In this article I will give some clues Forex and I'll let you learn, observe and practice.
First you need to know that you must use fundamental analysis and technical cooperation, the two complement each other, so do not rely on one and leave the other.
Secondly, I think all the technical indicators did not help at all, I tried all combinations work. The indicators describe the state of the market, but do not provide information on the next direction. I read an article on Forex e person who describes his strategy Forex Trading Forex in an article I was completely lost, it uses a combination of 12 indicators EMA340, SEMA890, EMA2900 etc: and he inserted the Fibonacci too. I was totally lost. While its strategy of value 95% success I will not use it because I can control the market by using simpler techniques. So we do not need to look for indicators.
Third, suppose you are in a long trade and suddenly without reason the price went down, there are no reports, it's weird. But strange things are those we do not understand, but if you look at your chart and come back hours or days, you will see that the price turned down because it reached the line break, you see there is no mystery. So this new line will be your strength and if the price it breaks, it will continue to rise, but go where and for how long? Look closely and you will learn. Be simple, as you can, that the beast is not as fierce as you think.
Fourth, the time of use, you have to choose the time suitable: I do not know, compare the charts and you will see the appropriate time. The timing is important and when you find it, you'll get your fourth tool.
And that's it, I say look at your cards and focus. The more you do, the more you discover, read articles, learn strategies and get books Forex.
I hope this article really helps you in your trades.
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