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what is tha potential of makng cash trading forex on a 15-30 mins chart?

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This entry was posted on Sunday, March 30th, 2008 at 4:12 am and is filed under forex trading. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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3 Responses to “what is tha potential of makng cash trading forex on a 15-30 mins chart?”

  1. flying_eagle Says:
    March 30th, 2008 at 4:12 am

    Yes there is potential.

    Trade the news. Know the times the economic data is coming out and guess which way the chart is going to react.

    Use technicals: candlesticks, support/resistance, EMA & MACD or RSI.

    Good Luck.

  2. gekkedodo Says:
    March 30th, 2008 at 4:12 am

    If you have to ask this question it would be wise that you stay away from this all for a long time, as you obviously miss the experience for the market at this point in your life. Learn, practice a long time etc. before you start to do this for real or you will end up losing everything…

    And yes, there's a good potential in the Forex trade in general, as long as you know what you are doing AND even than you will lose out on some of your positions.

  3. Chris Says:
    March 30th, 2008 at 4:12 am

    I have done quite well with the 15-30 mins chart but then you have to get other things right and know when to enter and exit to win.

    I use Forex Killer and it has helped me a lot since I started it. I don't totally depend on it but it aids me to give signals.

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