what to see in forex
By Ongtina
@ongtina (1232)
Singapore
August 21, 2009 4:47am CST
I've read somewhere that we looked at the trend (up or down) in the 1 day graph, then in the 1 hour graph and if they go in the same way, you trade in the same direction (buy for up, sell for down). The thing is to do it in the 1st hour the market open ( there are 4 markets ). You can see the 15 mins graph to clear doubts. Anyone with a different method to see what to trade in forex?
1 response
@mrshughes (352)
• Philippines
21 Aug 09
Ive been reading about forex trading lately...my God is more than complicated. It really hurts my brain. But there are people that really makes money in forex trading. But i am not the lucky mom...sad...i have a friend that trades forex but lost his money.
@ongtina (1232)
• Singapore
22 Aug 09
Hi, I did what I've mentioned reading and lucky to say, it works. Out of 10 trades, I am able to profit 8 and more. But when I lost, sad to say I'm greedy and did not know when to stop. So earning $1 or $2 per trade but losing $10 to $20 per trade. So at the end of the month, I break even ( lost less than 7 trades but sum is big ). Then, I thought paying for signal tips may help. SOB!!!! Within the 2 DAYS signals, every trade made losses. Out of 3 months trading, it was the first time I've made so many losses. Most of my capital is gone. SOB!!! AND I PAID FOR THOSE SIGNALS. Don't jump into it, better learn how to see with a demo account and free money till you can see the trend. Check your health first too, it can be very nerve wrecking! LOL
