Why You Lose Money With Indicators When Forex Trading
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In this beginner forex tutorial video, I talk about why you are losing money with indicators when trading forex…and of course what you can do to fix it!
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Technical indicators are derived from price and hence will always be lagging in nature. There is a correct way to use indicators when day trading live or swing trading. But most people use indicators in the wrong manner; as forex signals to enter the market.
In this forex trading live example, I explain to you why indicators should only be used as further confirmation after you have already established your trading bias and direction; not before.
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Watching us day trading live is the best way to learn regardless of whether you are into swing trading or day trading. Live day trading signals are sent in our telegram channel so you can follow our forex live signals.
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I see the charts and understand what's about to happen but most of the times my entry is too soon and I go in drawdown of 80-100 pips before it comes in my intended direction. Please guide what to do in this regard? Thanks.
Thank you for all the information you keep sharing. Trading has been made clearer. Be blessed and keep sharing more,
Great job again! Can you send me a list of the steps that you take? 1. Structure 2……. 3….. 4…. and so on..
I'm interested in your everyday personal process
thank you for this man. very informative. just a question, what application are you using to analyze your charts?.
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