To get a real forex trading education you need to stop whatever it is you’re doing. Learning to trade forex is not complicated. As a matter of fact it’s quite simple.
It must be hard believing that when you surf around the internet. It seem like no matter where you go, there are people desperately trying to find the holy grail. They think that there is a system that will always give you a winning trade.
You need to stop scouring every thread that is on a forex forum. I know you’re looking for the perfect indicator, but it’s not going to be there.
This is the exact reason why 95% of forex traders end up losing money trading the forex market. They go for all these kind of shortcuts, when all they are doing is just hindering their process.
Stop trading like everybody else. If 95% of traders are doing horribly,why would you follow that crowd. You have to ask yourself do I want to keep making the same errors everybody else is doing, or doing I want to stick out from the crowd and think for myself? The answer should be pretty obvious.
Whenever you put in one of these indicators that you find in any forex forum, you need to ask yourself, does this help me better understand the market? Does it give me a deeper comprehension as to why market price moves the way it does or is it something that is just taking up space?
Chances are the majority of indicators that you come across will only serve the purpose of clutter. Think less is more.
if you want to help yourself, get rid of all the indicators, short cuts, and anything else you can find scrounging the internet. When you can do that, thing s suddenly become clearer. You be able to start predicting the future price movements.