LRdude Posted September 18, 2011 Share Posted September 18, 2011 Another must watch video for beginners..its about reading and analyzing graphs and patters Quote Link to comment Share on other sites More sharing options...
yogeshwartyagi Posted September 22, 2011 Share Posted September 22, 2011 This is really interesting video and is of much help in understanding the chart, by finding out right stop loss and target level we can end up our trade with good profit. Quote Link to comment Share on other sites More sharing options...
riddick09 Posted September 27, 2011 Share Posted September 27, 2011 Well, i have an idea already with the charts. What maybe also a good if there is strategy for the indicators. I am new in forex and i am in learning in the forex indicators only one indicator and also the rules for that strategy regarding buy and sell. Quote Link to comment Share on other sites More sharing options...
adnan007 Posted September 27, 2011 Share Posted September 27, 2011 The simplest forex strategy for the beginners would be to follow the trend. We all might be aware of the fact that the trend is considered as the traders best friend and by following it we have a maximum chances of ending up in profits. Quote Link to comment Share on other sites More sharing options...
riddick09 Posted September 27, 2011 Share Posted September 27, 2011 What would be our basis in following the trend would it in the timeframe of D1, H1 or any will do? I think that these will really help but some expert traders dont told me really about the advantage of the trend but he gave us different strategy. Quote Link to comment Share on other sites More sharing options...
adnan007 Posted September 27, 2011 Share Posted September 27, 2011 What would be our basis in following the trend would it in the timeframe of D1, H1 or any will do? I think that these will really help but some expert traders dont told me really about the advantage of the trend but he gave us different strategy. Well, it depends upon the trader. A trader looking to hold his position for a long time can even go for the weekly time frame. However, looking at the daily and monthly charts can give you an idea about the long term trend and you can trade on the basis of it. For short term trading, Daily or the 4 hours charts is the best. Quote Link to comment Share on other sites More sharing options...
budado Posted November 29, 2011 Share Posted November 29, 2011 Well, it depends upon the trader. A trader looking to hold his position for a long time can even go for the weekly time frame. However, looking at the daily and monthly charts can give you an idea about the long term trend and you can trade on the basis of it. For short term trading, Daily or the 4 hours charts is the best. Totally agree with this one. I use 15 minutes and 4 hours charts and even weekly chart. But usually I use daily and weekly for fundamental analysis. 15 minutes and 4 hours for technical analysis. Quote Link to comment Share on other sites More sharing options...
riddick09 Posted December 4, 2011 Share Posted December 4, 2011 Hmm. I have only used usually 15M and said that it is usually being used timeframe. Yup it seems that the longer the timeframe the hint for the trend since we can see the trend if its going up or down. I never have tried other timeframe well just if that is also depends on the deposits and the lot we have. Quote Link to comment Share on other sites More sharing options...
budado Posted December 20, 2011 Share Posted December 20, 2011 Hmm. I have only used usually 15M and said that it is usually being used timeframe. Yup it seems that the longer the timeframe the hint for the trend since we can see the trend if its going up or down. I never have tried other timeframe well just if that is also depends on the deposits and the lot we have. Try this. used 30 Min. Draft it. experiment. try to put a line between patterns. connect the previous low to latest high vise versa. Just do experiment in 30 mins. then depends on your platform you can view 1M or 5M (other platform has no 1M). In this way find the path of the line that you put in 30 Mins. That's how I do my scalping. I don't know if you understand what I mean or can visualize it. I'm sorry but I have no time to paste a picture of my draft. But I'm planning in three months time I'm going to open again my own hyip site. But that if I'm stable and master my strategy in forex trading. Quote Link to comment Share on other sites More sharing options...
omostar Posted December 25, 2011 Share Posted December 25, 2011 Yes, trend is very important and most traders rely on support and resistance levels to place their trades and that is why those levels are very important. Basically the market will follow those patterns unless affected by some fundamental events. Quote Link to comment Share on other sites More sharing options...
budado Posted December 26, 2011 Share Posted December 26, 2011 Yes, trend is very important and most traders rely on support and resistance levels to place their trades and that is why those levels are very important. Basically the market will follow those patterns unless affected by some fundamental events. Right now I don't use S and R. They are not as accurate as the indicators that I'm using. Since my strategy evolve from scalping, hedging and naked trade. I must always on the check of the reversal and swings. and also false dip and false rally. Usually when the market is bullish you expect a small dip before the rally or vise versa. that's why I don't use S and R. Because after the update your S can be your R or vise versa. Quote Link to comment Share on other sites More sharing options...
asiaforexmentor Posted January 2, 2012 Share Posted January 2, 2012 this really helps us a lot. Quote Link to comment Share on other sites More sharing options...
riddick09 Posted January 4, 2012 Share Posted January 4, 2012 Try this. used 30 Min. Draft it. experiment. try to put a line between patterns. connect the previous low to latest high vise versa. Just do experiment in 30 mins. then depends on your platform you can view 1M or 5M (other platform has no 1M). In this way find the path of the line that you put in 30 Mins. That's how I do my scalping. I don't know if you understand what I mean or can visualize it. I'm sorry but I have no time to paste a picture of my draft. But I'm planning in three months time I'm going to open again my own hyip site. But that if I'm stable and master my strategy in forex trading. Seems i clearly dont understand but i can visualize it. Seems like that i will have intersection of two lines not sure but how you did scalping really. Just hope to get more clear instructions or if you have time to put screenshot. Or even tell me what kind or what did you call that strategy. As im open to learn something new and start looking for easier way to get profit. Quote Link to comment Share on other sites More sharing options...
zdaina Posted January 7, 2012 Share Posted January 7, 2012 hello, good video for me , i look for something like that for long time , thank you and good luck . Quote Link to comment Share on other sites More sharing options...
pinoycity Posted January 9, 2012 Share Posted January 9, 2012 It is not only the video in the starting post which is the beneficial to beginner trader in this trader. There are also strategies being presented and discussed by some posters. Quote Link to comment Share on other sites More sharing options...
charlly007 Posted April 26, 2012 Share Posted April 26, 2012 Thank you very much with this char video.I am going to try and save this page and visit it later on and study it over again.I really find it very useful.It will help me in learning more about Forex Trading. Quote Link to comment Share on other sites More sharing options...
indieover Posted April 27, 2012 Share Posted April 27, 2012 is this really a turorial for beginners. it is not that easy for me to understand though. although i know what he is trying to point at but still i am not able to understand it well fully. although i am able to grasp some of it. but yeah maybe it should be taught to beginners but it will take for me to understand or appreciate this. Quote Link to comment Share on other sites More sharing options...
pepy Posted April 28, 2012 Share Posted April 28, 2012 thanks for the video dude, it help me a lot and also increase my knowledge in forex, it also make me more understand about chart, it seems that thing is good for beginner like me who want to understand more about charts Quote Link to comment Share on other sites More sharing options...
famouspublisher Posted June 3, 2012 Share Posted June 3, 2012 Before coming into a business there should be reasonable. Many periods investors are coming into a place because of dullness or just to experience the pleasure of being brief or lengthy. This is a formula for disaster! You should always buy or offer any couple on a purpose that is practical to you. Whether this purpose is essential or specialized or both, always create sure there is a purpose. Quote Link to comment Share on other sites More sharing options...
famouspublisher Posted June 4, 2012 Share Posted June 4, 2012 Trend dealing is another technique that tries to utilize long-term goes or styles in the marketplace. A part of the Fibonacci technique known as the ABCD pattern is a way of trend dealing. In most situations, these techniques can be very profitable; however, they can also signify a much probabilities. Quote Link to comment Share on other sites More sharing options...
luckyvoy Posted June 13, 2012 Share Posted June 13, 2012 I think beginners need to go with easy strategies it will make them more comfortable trading and things will always be in their control. Averaging down is good strategy for beginners in my view as there are least chances of loss but you need to use little of availqble margin on trades. Quote Link to comment Share on other sites More sharing options...
riddick09 Posted June 18, 2012 Share Posted June 18, 2012 Yes, novice traders should try first to have their simple strategies for instance of macd which is the most common strategy or indicator used. And sooner if they wanted to have better analysis or strategy then they can slowly add more of it or change for the betterment. For sure many traders do want simple and comfortable means of analyzing. Quote Link to comment Share on other sites More sharing options...
budado Posted June 22, 2012 Share Posted June 22, 2012 Newbies must learn basic first. theirs just too many basic strategy that they can adopt and try to use to trade in forex. I have started to learn basic and I pick up from their. Most newbies are just too lazy to try to learn how to trade in forex even using basic strategy. But too eager to trade in real account and when they loss money they blame forex because of its difficulty. Quote Link to comment Share on other sites More sharing options...
tirus Posted June 22, 2012 Share Posted June 22, 2012 It makes more sense to try and adopt a basic strategy in your initial trades because newbies are may not in a good position to develop one for themselves at this stage. Rather take it easy and it you are able to start working on your own strategy all the best, but adopting one and reworking to suit you may be a good idea until you are more knowledgeable to develop yours. Quote Link to comment Share on other sites More sharing options...
riddick09 Posted June 24, 2012 Share Posted June 24, 2012 Definitely, traders can use first basic or common strategy then sooner or later after they familiarized and tested it then we have to either enhance or stick to that strategy if it fit to us and we can make good trades. There were lot of basic strategies like naked trading as well as fewer indicators and easy to understand indicators. Quote Link to comment Share on other sites More sharing options...
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