The RSI indicators have gained popularity recently. They are quite helpful though if you are a day trader.
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Keep a keen eye on the market and as soon as your broker suggests you an entry time, trust them and enter. They are more aware of the same and it can be quite helpful for you.
I always use the MT4 terminal because it is very easy to understand and launch and has made my transactions so much easier.
- Forum: MT4 Indicators
- Topic: Something interesting please post here (Metatrader)
- Replies: 2620
- Views: 917681
- Mon Jul 12, 2021 2:57 pm
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Forex trading is not an easy way of making money. You have to prepare yourself well for the market before you expect to make any profits. Don’t take steps that you have no idea about because your forex trading journey is not about how the market is moving, it is about how well you understand each of...
- Forum: New Members & Common Forex Q&A's
- Topic: Is it even possible to make consistent money in trading
- Replies: 20
- Views: 2257
- Sat Jul 10, 2021 9:01 pm
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My reason for using the VWAP indicator is to eliminate the noise that occurs throughout the day. It helps me in determining the average price of a security at which it has traded throughout the day on the basis of the price and volume. It helps with an insight into both the trend and security value.
I think the supply and demand curves are quite helpful and provide substantial information. You seem to be having a good run and I guess you should continue that.
Along with this, also follow the median renko chart because that will help. It is not feasible to make 10 pips in a day, but if you do, it's a good sign.
I watched the Invisible Guest and Case 39 recently on Netflix. Both of them were absolutely great. Thoroughly enjoyed them.