I need forex Tips Indicator to help me in my trading, Please help me if any one know. Thanks?
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This entry was posted on Sunday, July 5th, 2009 at 5:03 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.
July 5th, 2009 at 5:03 am
There is an excellent tutorial at http://www.forexlane.com that explains how all the technical indicators work. If you want to learn aboout chart analysis and technical indicators this is the place to find it.
July 5th, 2009 at 5:03 am
in general technical indicators are generally a load of junk, unless you are day trading. If you are day trading I would suggest elliot wave and http://www.tradingmarkets.com/
Other than that the only semi-decent technical indicators are:
Parbolic SAR (PSAR)
and
Bollinger Bands (BBands)
both of which are rarely useful, can be misleading and don’t work if there is alot of volatility.
I would suggest that you look at historical high/low points, P/E ratios, historical P/E and historical earnings and forecast that way. Also buy when the market is near historical lows.
July 5th, 2009 at 5:03 am
James Dicks wrote "Forex Made Easy", it’s highly recommended by me for good reading in plain English.
July 5th, 2009 at 5:03 am
try to check your options in this source. they have lots of learning materials and innovative tools particularly beneficial to newbies in forex trading. they can even provide you a personal mentor/consultant for free if you open an account with them. discussions can be done live via phone, email, chat or personal meeting as applicable on your area. all the best.
July 5th, 2009 at 5:03 am
There are plenty of commercial companies that offer tips services and software. You’re probably going to just have to try out a few of them and see which one works best for you…
July 5th, 2009 at 5:03 am
In case you are looking for forex robots or automated system, there is NO such things that will work in the long run, else everyone is rich.
But if you are looking for guides especially on technical trading such as candlestick, MACD and so on, you can easily search it online. Good luck.