I’m new to trading FOREX and would like some insight on how to come up with an effective system to bring somewhat consistent gains.
I’ve learned about all the trend indicators and oscillators but just can’t formulate a way to harmonize them to attain results.
Can someone give me an example of one that works for you? PLEASE HELP!
Don’t be shy on getting technical, I’ll most likely figure it out.
Trading indicators are best used along with money management and good risk control, using trading indicators alone will not enable you to be a successful trader, the market is just too random and unless risk is controlled over time your account will slowly get wiped out, regardless how good a “trader” you think you are.
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you may want to get into this site for a while. by opening an account with them, they will provide you a personal Account Service Manager with whom you can talk live over the phone, email or chat to discuss any sytem you want to implement. of course, more heads are better than one. you can even escalate your newfound techniques and strategies to hundreds of expert traders in their chatroom. all the best.