Monday, 19 May 2014

WHY I LOVE TRADING TECHNICAL

As far as am concerned i feel the best way to win in Forex is to trade Technical pattern . Why? Well the reason i trade more of technical is because its more reliable than fundamental. Now if you are the type that trades support and resistance, you will discover that fundamental respects strong support and strong resistance so much.

Now if this is so to me it means technical pattern factors in every other pattern call it mechanical or fundamental . That is why Forex move in three ways :

1. Forex move in a consolidated form
2. Forex move in trend pattern.
3. And thirdly Forex move in a fundamental way {smile).

To succeed in Forex you must master any of these three. Although the most popular amongst them is to trade the trend pattern. But mind you must also learn to know when the trend ends .

Now in all of these you will see that i didn't mention trading with indicators. In my next posting am really going to write very much on how bet to trade each of these patterns i have mentioned.

See You Then.

Enjoy you trading pattern till i see you again  

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