I think in Forex the biggest money makers are those that can recognize and follow the trend. The only caveat is that you really need to be able to recognize trending markets in order to profit from them. In other words, you need to know when to enter and exit positions.
Recently I started using a professional trend indicator on my MT4 installation to help me recognize forming trends. So far I’m loving it! It´s very easy to follow.
This indicator does not repaint, which is important, it can be used on any asset (currencies, commodities, and even cryptocurrencies such as Bitcoin) and although it works best on higher time frames such as H1, H4, or Daily, you can also use it on lesser time frames.
In addition to clearly defined trendline and signals that are visible on your chart, you also have the on-chart Smart Display window on the right which provides you with a lot more information that can help in determining the strength of the existing trend.
The additional information contains things like direction of the trend on upper time frames, candle remaining time countdown (very useful for timing trade entry and exit times) and candle direction on upper time frames.
And here comes the best part of this MT4 indicator: Almost every setting can be modified to suit specific asset or any trading style. It is the most versatile trend indicator available on the market today.
If you are interested in getting a copy for yourself which I recommend, you can download it from the official website athttps://mt4trendindicator.com
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07-09-2019, 05:12 AM #1
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This is the biggest Forex money makers for those who can recognize it!
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07-09-2019, 06:53 AM #2
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For earning good amount of money everyone does Forex tradingin Forex market. The Forex trading is also known as the foreign currency exchangemarket. To exchange your trading medium you have to get a good and reliablebroker such as FXdirects. This is the best and transparent broker who givesfree expert advices, good leverage 1:100, lower spread from 0 pips, instantmarket execution, developed professional trading environment etc.
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08-09-2019, 09:37 PM #3
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Forex trading is the biggest money making online market at the world. Traders can participate in this business even beside home by using different technology based platforms which allow them to access from anywhere around the world. With Forex4you broker’s Meta Trader 4 trading platform I can access very fast and without any error, so I can trade well and complete my orders on just time. The MT4 is the widely used trading platform.
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09-09-2019, 02:18 PM #4
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A lot of people are afraid of Forex trading because they heard about people who had lost everything they had speculating on currencies or other assets. Some have been tricked by their brokers and coerced into depositing more and more money into their trading accounts. some agents working on behalf of brokers get extra bonuses for new deposits their clients make.
As a result some agents can get quite aggressive in their methods. They promise to share a proven strategy that is going to work and you will win it all back. This type of psychological game is something they are not only ready to engage in but they are also praised for doing so in form of additional bonuses from their employer.
The truth is that succeeding in Forex trading is possible if you know how to read and analyse trading charts. Another important aspect is to trade using daily charts or 4Hour charts. Chasing quick profits is not beginners. It is for more advanced traders who know what they are doing.
So, focus only on Daily charts and learn technical analysis to be able to recognize trends. When you learn that, proceed to learn how to ride trade and follow trending markets.
There are many types of technical analysis but probably the most common tools used by traders to recognize trending markets are Moving Averages and Support and Resistance levels.
If you can master those you should be able to predict future movements and profit from them. To get you started here is a free ebook on Moving Averages and how they are used in trading. https://mt4trendindicator.com/using-moving-averages/
Keep learning and you will surely succeed!!!
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Thanks. When this is done I will order another gig where you will post the existing text with a new and better title - This no-repaint MT4 trend indicator detects trends like a pro
I hope that is ok with you. Thanks
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27-03-2020, 09:32 AM #5
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Before dive into the largest decentralized market place you need to get enough education about forex trading. Forex education helps you to ensure the profit. Without the education of forex, it is not possible to make profit from this largest decentralized market place.
Before starting forex trading, you can practise by a demo account. It will help you to know about all the techniques of forex. I am currently trading with TP Global FX. I also opened a demo account to learn about forex. It helped me to know all the basic things about forex practically and easily.
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31-03-2020, 05:13 AM #6
training and learning that is there must be able to be considered well, this is needed and needed so that traders can become better and can be more leverage in improving existing trading skills better than before.
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