Does anyone play the forex market? and what strategies do you have to reading the charts. i can never figure it out. Can someone help me to make a trade based on the current chart situation, and what factors do i need to look for in order to make a successful trade? Thank you in advance.
2006-11-30 03:06:25 · 7 answers · asked by Anonymous in Business & Finance ➔ Investing
Hi,
I'm trading forex.
I think all your interesting questions are disclosed in those books:
Technical Analysis by Jack D. Schwager;
Comprehensive Course on The Wave Principle by A.J. Frost and Robert Prechter;
Candlestick Charting Explained- Timeless Techniques for Trading Stocks and Futures by Gregory L. Morris;
Trading Chaos – Applying Expert Techniques to Maximize Your Profit by Bill Williams;
New Trading Dimensions by Bill Williams
Read it and you discover how useful those are. Than you be able to create your own trading technique accordingly to your available funds, time and character
2006-11-30 03:15:15 · answer #1 · answered by VP 3 · 0⤊ 0⤋
Hi Fiasco007,
After trying many different Forex programs, signals, robots, etc, and spending countless hours trying to study charts and read graphs, the FreedomRocks Forex Trading System has turned out to be one of the only true money makers for me. What I like best is that its does about 95% of the work for you and tells you exactly how many lots to purchase and where to set your buy and sell limits. If you looking for a simple and easy system that takes the guesswork out of trading on the Forex check out www.smartforexinvestor.com. If you have any questions just let me know.
Best Regards,
Yo Fujikawa
1-800-670-2683
2006-12-01 06:39:31 · answer #2 · answered by Yo@FreedomRocks 1 · 0⤊ 0⤋
Hi Friend,
Trading the forex is not easy. It takes months, if not years, to learn how to trade the forex market successfully.
I have been doing it for about one and half years using a software that I bought which cost me close to $5000.00. I've had mixed results with that system.
A few months ago I started using another system with very good results...and I did not have to spend alot of money and I do not have to read any charts.
If you would like to know more about this system, please click on http://www.4xmoneytrain.com .
This is the best way, I find, to trade the forex market. Hope this helps!
2006-11-30 03:54:15 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Its really more complicated than it really looks. In a word there is no sure play. There are however several pattern that signal a top and bottom. But the trick is recognizing the pattern within a time frame. Time frame is very imporatant. Take not also, when you are reading commentaries especially more than one, you must know where they[the opinions] are coming from , is it an intraday, long term, short term.....more than meet the eye. My advise just stay with one and over time you will get the drift of what he is saying and you can apply accordingly to your personality. Check out more at http://www.geocities.com/lcming/Forexbooks
2006-12-03 20:59:39 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Here are my favorite Forex Systems. Buy one of them and it will serve as a complete guide. You need a few hundred pages if learning, not just a few answers on here.
http://www.best-stock-trading-systems.com/forex_trading_system.html
2006-11-30 20:37:23 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Contact your Private Banker.
2006-11-30 11:08:37 · answer #6 · answered by Anonymous · 0⤊ 1⤋