Many rookie trader fail at the beginning of trade, because the rookie trader has no knowledge or no idea to think behind the forex indicator standard , The rookie trader only study the little free trading chart tools that came with their charts and think they already know all the forex trading system. Technical analysis forex does not have to be hard and complicated , if rookie trader has the right and good tools. The secret of the most experience and profitable traders is that they do not use or they do not trade using the standard chart indicators that come with trading platform to make profit , like MT4 trading platform come with moving average, Bollinger bands, moving average convergence divergence MACD indicator, Because all of these forex indicator is not forex profit indicator, Those forex indicator give way too many false signals in trading activity. You can ask your self or ask to your fellow trader friend , .. Why are all of this forex indicator is free?
So, what should I do with all of this indicators, ... simple ... Find the right and good forex trading system, trade it first in demo account, get usual with it, and make sure indicator that you pick is the Forex profit indicator.
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Forex is simple follow the trend and you will rich.
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