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Forex Trading What is the simplest way to understand the charts?
avatar Kito
Question by: Kito - 22 Jul 2014, 08:21:59
What is the simplest way to understand the charts?
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Answers (4)
avatar user 2836
Answer by: Lekyam - 30 Jul 2014, 09:39:52

Never use too many trading indicators because it will only confuses you. Just keep monitoring the trend to where it always landed.

avatar user 2848
Answer by: Gregory - 01 Aug 2014, 05:09:43

The simplest way is to consult your Forex expert friends because they are the one who can gives you detailed explanation using your own language.

avatar user 3040
Answer by: ForexMarco - 15 Sep 2014, 07:40:48

Start from the basic. Monitor its trading performance and analyse the things that can trigger the fast movement. Never use too many trading indicators because it may confuses you. Learn to trade with one pair only to be able to focus your mind to a single pair and it's not difficult to analyse a single pair.

avatar user 3045
Answer by: Gerard - 16 Sep 2014, 04:36:16

I am also having a hard time understanding the charts, it's complicated for me, Maybe I'm not good in analytical analysis. I think we need to seek advise from Forex advisers.

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