What's new

This is the biggest Forex money makers for those who can recognize it!

talhayousuf

Member
A lot of people are afraid of Forex trading because they heard about people who had lost everything they had speculating on currencies or other assets. Some have been tricked by their brokers and coerced into depositing more and more money into their trading accounts. some agents working on behalf of brokers get extra bonuses for new deposits their clients make.

As a result some agents can get quite aggressive in their methods. They promise to share a proven strategy that is going to work and you will win it all back. This type of psychological game is something they are not only ready to engage in but they are also praised for doing so in form of additional bonuses from their employer.

The truth is that succeeding in Forex trading is possible if you know how to read and analyse trading charts. Another important aspect is to trade using daily charts or 4Hour charts. Chasing quick profits is not beginners. It is for more advanced traders who know what they are doing.

So, focus only on Daily charts and learn technical analysis to be able to recognize trends. When you learn that, proceed to learn how to ride trade and follow trending markets.

There are many types of technical analysis but probably the most common tools used by traders to recognize trending markets are Moving Averages and Support and Resistance levels.

If you can master those you should be able to predict future movements and profit from them. To get you started here is a free ebook on Moving Averages and how they are used in trading. https://mt4trendindicator.com/using-moving-averages/

Keep learning and you will surely succeed!!!
 

Attachments

  • trendviperwhitetemplate.png
    trendviperwhitetemplate.png
    69.1 KB · Views: 12
Last edited:
Very true,
I believe its very important to research and learn first. i mean you wouldn't just jump into a car and start driving, if you dont know what gears are. its the same concept.
 

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Similar threads

Users Who Are Viewing This Thread (Total: 1, Members: 0, Guests: 1)

Top
AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock    No Thanks