Which currency are you trading? - EUR/USD/AUD/JPY?

The currency you need to choose on how prepared you are, if you are a beginner, take the most popular one and work with it and learn with it.

 

I consider trading with the USD currency because it is popular and always under pressure from global and local markets.

 

It's mostly used for long term price patterns and you have to follow the waves that conform to Eliot wave patterns. You can read about it in detail for a better idea.

 

Yes, have to be careful with the market trend and staying updated is the only option in my opinion.

 

That's why I found this forum very helpful. Got new thing to learn.

 

Been trading the major currencies for long mate, USD, GBP, EUR exploring more options now.

 

Any particular indicator that’s seized your interest except RSI? I’ve used this indicator for ages now and switched to MACD now with roboforex and fxview. It’s good too.

 

No guesswork here with this indicator. I started trading with it straight away to measure the market trends and momentum. No wonder it’s called the most profitable forex indicator.

 

Is it just me or you also experienced problems like viewing the signals late? Someone suggested it’s because the indicator doesn’t follow a strong market move.

 

@Gleycooym How about the pattern recognition indicator to view the candlestick patterns on the chart?