For everyone who is jealous from me and my site, you can never stop me. Even if you post pictures of my friends, or you try to pose me a spammer, I will tell you something:
The interent was born to be free, and it will always remain so.
I SWEAR TO GOD that whatever you make, you CAN NEVER STOP me from live forward testing systems and helping people.
Indicators are nice, but they are always lagging. All indicators lag for a simple one reason: They represent past data. The indicator cannot predict what will happen the next minute, nor the next hour. When someone trades, he should look at price action. Price action is the most important thing.
However, I am not trying to defame the indicators. Indicators do have a role. They can help traders to better read the chart. So, if you are not experienced in chart reading, cannot identify patters, trends, swings, based on charts alone, then you should use indicators.
But try not to depend on indicators solely when entering trades. Always watch the PRICE ACTION.
The post above (and now below ) is spam. Its only purpose is to get a link (displayedin his signature) to his website displayed here and promoted in search engines such as google (spamdexing - link spam), to simply (along with clickthroughs from this site) drive traffic to his spamsite and generate adsence revenue. He has no sincere interest, or capability to pass on traders tips. The only thing he's barely capable of doing is spamming
Indicators are nice, but they are always lagging. All indicators lag for a simple one reason: They represent past data. The indicator cannot predict what will happen the next minute, nor the next hour. When someone trades, he should look at price action. Price action is the most important thing.
However, I am not trying to defame the indicators. Indicators do have a role. They can help traders to better read the chart. So, if you are not experienced in chart reading, cannot identify patters, trends, swings, based on charts alone, then you should use indicators.
But try not to depend on indicators solely when entering trades. Always watch the PRICE ACTION.
If the odds were not in favor of the casinos (or brokers in this case) they would not have millions of dollars to build huge resorts in the middle of the desert. In the same vein, you could say that the odds are absolutely in favor of the brokers by means of the spread that we have to pay, assuming that the market is completely random and that there is no way to predict which way price will go.
I read this quite often but this point is quite misleading. Brokers are essentially service providers - you pay for their services much in the same way as you pay for TV or internet access. Typical scenario is that you hire them because you think that by trading you would realize profit. So, this you-lose-they-always-win attitude is wrong. If you lose money it's your miscalculation, not that some greedy and cruel broker is taking the money away from you (although maybe there are such, but the good ones are usually transparent).
Licensed Brokers
Re: how to beat the forex market
) is spam. Its only purpose is to get a link (displayed in his signature) to his website displayed here and promoted in search engines such as google (
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