I know there are many traders looking for foreign exchange trading forecasts. They want people to tell them when to buy, sell, open or close a trade. For whatever reason, they feel like they can't make such a prediction. This is absolutely absurd .
There is absolutely no reason why you can't make this prediction. I assure you that the people who run these forecasting services are not smarter than you. Many people think that intelligence is the key to predicting the foreign exchange market. Nothing is more distant than the truth. The fact is that there are many successful traders who have never even graduated from high school.
If you want to predict the market, then only need some thinking.
First, you may not use the right tool. In fact, I bet you are using too many tools . Look at your chart. Is it full of useless indicators, and half of them don't even understand what their purpose is? I thought so!
Many traders are like this. They always feel that is more and better . If you are a trading student, I'm sure you know that is not the case.
So, let's get rid of all these useless fillers.
The first time you look at your ranking but nothing . This is the so-called naked trading.
You may be wondering what this actually is. Well, it's simple. By viewing your charts this way, you have to see them in the purest form. There is no stochastic indicator, MACD or any other indicator hinders your opinion.
Now what you have to do is focus on . Observe the market all day and do not force yourself to "get it." It should be natural. It's like those 3D drawings. The harder you look at it, the less you will see. If you look at the price changes more often, you will notice something: the pattern .
You will start to notice that the price behavior pattern will be repeatedly postponed. Since you started trading, you will surely realize that all this information has been staring at you, but you never noticed it.
Once you begin to recognize these patterns, you can begin to do foreign exchange forecasting to predict future price changes.
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Orignal From: Forex Trading Forecast - How to Generate Your Own
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