Trading

jackbill

Recruit
Messages
5
Av traded many currency pairs with very disappointing results. I have used different kinds of indicator and charts and all is coming to zero. Seems on the demo its working. what is the problem?
 

Dealgone

Private
Messages
9
Post to move?

This post may be moved to a section of this forum that better fits in.

Av traded many currency pairs with very disappointing results. I have used different kinds of indicator and charts and all is coming to zero. Seems on the demo its working. what is the problem?
You should take one currency pair to trade. Master it. Later you can take second one or even more.

Maybe it is psychology. The biggest part of trading is psychology.

Well I saw here a post with great books that you may read:
http://www.forexpeacearmy.com/community/threads/good-books-to-read-for-newbie.32/

It is where you can start.
 

mahendra

Recruit
Messages
4
read the rules properly

before making charts n analysing them, go through the rules n index properly. these r always done on pair currency so use proper currency and proper index
 

Pharaoh

Colonel
Messages
19,708
Some pairs are fairly similar in their movements, and some definitely aren't.

Look at the volatility differences of the GBPJPY vs. the EURGBP if you don't believe me.

This means that some indicators will work ok on some pairs and not provide any useful data on others.
 
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