Eduardo Zanatti said:Hi guys . I am totally new to forex and I need some help.I will very much appreciate your comments on this. I went to a 4x madeeasy seminar and I was very impressed with the software. But the price is too much, I am not sure if I should spend $3000 on a software and $100 a month for live feed data(that all brokers provide for free). I have been doing research online and information and graphs are free anywhere (but not as fancy and didactic as 4xmadeeasy seems to be). I was looking at Visual Trading and it has dozens of studies that seem interesting(Bollinger, MACD,Aroon,etc,etc); however ,and here is my question…do any of you guys know what is behind the red and green lines in 4x made easy.
The green indicates buying pressure and the red line indicates selling pressure. The seminar host said that when all 4 arrows point in the same direction and the following conditions are met:
“1)when the lines cross
2)the angle is attractive
3)When the distance between the lines is increasing
One should take a position,never without a stop loss.
I want to take this step by step and I cannot jump to buying a software that expensive.
Your advice is much appreciated. What alternatives would you share with me? :
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Thanks
Ed
dpar219 said:They did say that you do not have to know anything about Forex to trade it. Don't believe it. If you are going to risk your money on it, then you should learn as much on the subject as possible. .
Eduardo Zanatti said:Hi guys . I am totally new to forex and I need some help.I will very much appreciate your comments on this. I went to a 4x madeeasy seminar and I was very impressed with the software. But the price is too much, I am not sure if I should spend $3000 on a software and $100 a month for live feed data(that all brokers provide for free). I have been doing research online and information and graphs are free anywhere (but not as fancy and didactic as 4xmadeeasy seems to be). I was looking at Visual Trading and it has dozens of studies that seem interesting(Bollinger, MACD,Aroon,etc,etc); however ,and here is my question…do any of you guys know what is behind the red and green lines in 4x made easy.
The green indicates buying pressure and the red line indicates selling pressure. The seminar host said that when all 4 arrows point in the same direction and the following conditions are met:
“1)when the lines cross
2)the angle is attractive
3)When the distance between the lines is increasing
One should take a position,never without a stop loss.
I want to take this step by step and I cannot jump to buying a software that expensive.
Your advice is much appreciated. What alternatives would you share with me? :
![]()
Thanks
Ed