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New trader confused

Discussion in 'Beginners Bootcamp' started by MagedF, Nov 13, 2017.

  1. MagedF

    MagedF Recruit

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    I just started trading
    i m using some indicators together to guide me
    MA5
    MA200 for trend
    Pro parabolic
    Macd

    Frame 1 H 4 H and 30 M

    some times time frames gives me different direction
    i m following the trend but i lose much points

    can some one explain to me or guide me
     
  2. dianajs

    dianajs Private, 1st Class

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    That is normal, I think. Usually the more indicators one uses, the more conflicting signals they get. I don't tend to use more than two or three indicators at a time.
     
  3. EURUSD

    EURUSD Sergeant Major

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    Actually indicator only as help tool it guide you to analyze the trend, but in fact demand and supply on the market that will making price being moves, if you using indicator hence also need to using risk management because not always signal from indicator will true, if we using different timeframe with same indicator but will diffeerent pattern its normal sometime because indicator take calculation on amount candle backward
     
  4. nahiyar

    nahiyar Private, 1st Class

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    All these analysis tools are for trader's help .They are not final for trading. Traders need to do practice about usage of indicators, and other things he finds in trading terminal. Beginners need more concentration to learn about all things used in trading . That is why they feel more nervous and confused what to do . It would be easy after some time when they are habitual in trading.
     
  5. Jeff Martinez

    Jeff Martinez Recruit

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    All things considered indicator just as an accommodating tool it guides you to investigate the trend, yet truth be told, request and supply on the market that will make price moving, on the off chance that you utilizing indicator henceforth likewise need to utilizing risk management on the grounds that not generally signal from indicator will genuine. All these analysis tools are for trader's help.They are not last to trade. Traders need to do hone about the utilization of indicators, and different things he finds in trading terminal.
     
  6. Norlizan

    Norlizan Recruit

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    I am new too, and trade using alligator. is it reliable? it worked well on demo.
    Yes, forex is confusing. one thing is a trading system, I though that have one already , but it not always working, the second one it is hard in Asia , more hard than in UK, as I think ..
     
  7. dianajs

    dianajs Private, 1st Class

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    I have used the Alligator indicator for a while, though not any more. Regarding whether it's a reliable indicator - I found it reliable during trend. When there was no trend it wasn't as reliable.
     
  8. Norlizan

    Norlizan Recruit

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    yes, i agree, in trend it works good, I made good pips with its help. and from my experience i can say that on H1. H4 and D1 it works better than on M5, M15 (it doesn't work on little time frames at all..)
    what indicators are more reliable? what do you use?
    i cant find something more good than alligator now that would work for me as well , but i'd like to find something new
    will thank you for advise
     
  9. EURUSD

    EURUSD Sergeant Major

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    I think alligator also as good tool to get signal comfirmation, this is will work on breakout system usually, if you can discipline with rules aligator to open trades I think will get higher possibility to obtained profit, but however its also only help tool and better keep using risk management in trading
     
  10. William Barnes

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    Many of new entrants basically face difficulties while working in this volatile and risky market. The reason behind this can be the virtual nature of forex trading I believe. And forex is a global platform where traders and investors can engage in and they can operate from anywhere around the world, from office or home, whenever they have time, day or night. Again another area of confusion can be which pairs trader may select to work with, major pairs, common pairs, commodity pairs.

    Even when I was new entrant, I sometimes lost myself in market analysis and how to trade efficiently. After practicing for some months I got confidence and now I am able to work smoothly. So I think it will take some times to understand this market, but it is ok. Every new thing requires some times at least.
     

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