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In Forex Market,i Am Concentrating On The Eur/usd…could Any Body Give Me Useful Advices For Useful Strategy?
Posted by admin on 7/11/09 • Categorized as Q&A
i am only trading for 7 months know and i consider my self in the learning level .i have plans for becoming professional trader and financial analyst .but right know i need some advices about the suitable strategies for trading the eur/usd and the most suitable indicators for that pair and their parameters
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Here’s my advice for you:
You must be involved with a company which you can communicate with any time during a business day. That particular company should be able to provide you with a telephone number, fax number, and email address. Steer clear from companies which do not disclose such information.
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Indicators are only good if they are in the moment. Look for indicators that generate information, not the ones that tell you what to do like an MACD cross. The key is in the price.
Win/Loss ratio and stops…. Keeping your losses as small as possible. DEVELOPE YOUR OWN “PLAN”… it’s the only one that’ll work for you!
Check out;
Millionair Traders by Kathy Lien & Boris Schlossberg
ya@ErieForex.com