Here’s the rules…if you follow it will increase your chances of winning
There are two analysis you must follow 1st - technical and 2nd fundamental.
Technicalor technically you must;
1. Try to identify the trend (tips - use alligator)
2. Identify where to buy and sell (identify snr, only buy if trend is uptrend, only sell if trend is downtrend - never open position if trend is retrace)
3. Identify ther target and STOP LOSS (SL is my weakness i sometime forgot to put it)
Fundamentally of in fundamental;
1. Please look news calender - forexfactory is appropriate , if you advance easy-forex calender is good.
2. US index
3. Gold market
4. Crude oil market
These items above, you can see the performance of dollar
* If you can try identify also …what currency is stronger against other
2 Responses
trader123
June 27th, 2009 at 10:03 pm
1http://www.forexblogging.co.cc/
forexblogging
trader123
June 27th, 2009 at 10:03 pm
2good information…..
forexblogging
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