Forex psychology?
It is possible to trade forex based on news and indicator? I want to trade forex by the information by news of either buy or sell, and then I analyze by using 9 indicator. If 5 signal sell, 4 signal buy I would buy. Can I make profit, regardless high and low?
Sorry, it is I will sell if the 5 indicators signal sell, 4 signal buy, not buy as I had mistakenly written above.
Extra tags:
Related posts:
- how to achieve a correct strategy in CFD/Forex? As a fresh man, CFD or forex looks like the same for me. I don’t know how to have strategy to open a position, it...
- Anyone could please tell me the best indicators can I use on MT4 for forex market? Even if I will pay for the indicators to add it on MT4 to give a signal when to buy or sell!,please help me to...
- How can I trade Forex by using News? could you describe it in details that how can I trade Forex by using news only?e.g When shall I read news and when shall I...
- Free Forex online learning education? from where we can find the best online forex learnig for free as well as the latest news and currency rates. i m new at...
- FOREX: Can somebody give some names of a few good sites that can give me forex-related news releases?…? … Actually, does anybody outthere trade strictly around news releases, and if so, how is it working for you? How many pips do you make/...
Tagged with: Forex Questions • indicator • news • sell • Signal
Filed under: Forex News
While I have never heard of 9 indicator I guess its possible to profit from fundamental rather than technical analysis, but not very likely. More people trading use technical than fundamental so the market will move based on that. Other than news days( which some people don’t trade at all), fundamental is becoming more and more rare.
Hi,Please remember 10% of forex investors only winning other 90% lossing,So you have to very careful with the Economic news,Interest rates,country politics,If you play safely you will win,
http://free-forex-trading-training.blogspot.com/
9 indicators sound like way too much… information overload. I only need 3 indicators and I do very well.
Yes you can trade on just news (fundamental analysis), indicators (technical analysis), or combine both. Personally I only use technical analysis.
No matter what you do, open a free demo account and trade for at least 2 months before you even consider putting real money in.