Forex Charts

There are two main types of trading styles for forex.

Those who trade on fundamentals, News releases, the state of a countries economy: unemployment, house sales, retail sales etc & those who trade by Charts using a range of indicators & mathematical formulations.

In my forex trading system I use a combination of both.

For many years I traded shares, based purely on fundamentals. I, like many, thought that the chartists were insane ! However the more I have learned of charting the more I have come to appreciate (in my pocket) that it is not hocus pocus.

I will show you the the indicators that I use & how to interpret them. 

If you are a complete beginner then the next screenshot is designed to confuse the hell out of you !

Don't Panic ! I will take you step by step through the jungle of forex indicators. In the next lesson I will explain how we use "CANDLES" to indicate where price has been, where it is is now & where it may go next.

Next Page: Forex candles