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Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
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3 comments:
How come there are no support resistance lines are your charts?
I think that if you use pivot points, support/resistance and mark the previous highs/lows on your chart, you will have an accurate way of seeing price action.
I still have a lot to learn but on the days I am doing well it is because I am behaving calmly and rationally, looking to where price will test a level.
I am going no lower than the 15 minute chart. I keep some correlated pais charts open plus a 1 hour.
I use mataf.com to determine pivot points.
Goooood luck!
oops mataf.net
There are no lines because I see supp/res on the charts.
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