Is there any intelligence to trading FOREX or is it merely subject to interbank flows and basic supp/demand?
Friday, March 20th, 2009 at
3:08 am
Tagged with: Forex Trade • Hedge Funds • Individual Traders • Intelligence • Logic • Period Of Time • Trade Currencies • Trading Forex
Filed under: Forex Trading
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Really you don’t need any of these info to trade like pros and even acheive your dreams.
I myself use some new automated system which I’m satisfied with it and recommend it just to my close friends.
This automated system do all trades for me on autopilot .
You can read about it here :
The currency pairs move in the direction of the trend, you anayze trends and it will help greatly, expecially the larger trends, short term moves within the trend are based on news items and parallel and inverse analysis.
Here are some technical papers to read:
You can also monitor support and resistance with price alarms.
Good luck with your forex joyrney.
Mark Mc Donnell