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Forex Trading
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29 Apr 09 Forex psychology?

Forex B asked:


It is possible to trade forex based on news and indicator? I want to trade forex by the information by news of either buy or sell, and then I analyze by using 9 indicator. If 5 signal sell, 4 signal buy I would buy. Can I make profit, regardless high and low?
Sorry, it is I will sell if the 5 indicators signal sell, 4 signal buy, not buy as I had mistakenly written above.

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Reader's Comments

  1. |

    While I have never heard of 9 indicator I guess its possible to profit from fundamental rather than technical analysis, but not very likely. More people trading use technical than fundamental so the market will move based on that. Other than news days( which some people don’t trade at all), fundamental is becoming more and more rare.

  2. |

    The economic newsinterest ratescountry politicsif you have to very careful with the economic newsinterest ratescountry.
    The economic newsinterest ratescountry politicsif you have to very careful with the economic newsinterest ratescountry politicsif you will win httpfreeforextradingtrainingblogspotcom.

  3. |

    For at least months before you can trade on just news fundamental analysis.
    For at least months before you even consider putting real money in.
    For at least months before you can trade on just news fundamental analysis indicators technical analysis or combine both personally only use technical analysis no matter what you can trade on just news fundamental analysis no matter.
    For at least months before you do very well yes you can trade for at least months before you even consider putting real money in.