Online Forex trading still remain an under- utilized area of business probably because people have been clued to offline business for too long. More awareness is required.
This strategy works and simple to implement. It is good to know what drives the market and this strategy explains the movers of the market. It is clear and easy to understand.
My advice is that you do a background check on the trader before buying their product. Read reviews about them to know what others are saying about them or their experiences with them before you buy their products.
Check the trade at a higher timeframe to know the direction or trend and thereafter come to the lower timeframe to trade it in the same direction of the bigger time frame.
It is a good plan to first read the reviews on each broker to get idea about their performances and credibility. It is after then doing this you can then take a decision.
To know the trend , click EMA 200. If the market is above it means the market is in the uptrend and if the market is below it means the market is the downtrend.
l have tried Holy Grail and it is good. The only thing is that you should first watch it at a bigger
timeframe before entering the market so that you can trade at the direction of the trend.
The Knowledge of forex market is as important as the practice. Acquire the required knowledge and also practice. Constant practices will test your knowledge to show you what you need.
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