Newb Questions.

[sapper6fd]

Hey all, first post here but Ive been snooping for a while.

I'm looking into learning how to trade on the FOREX, never traded before, but when I get the urger to learn something new I alwars follow through.

Ive read a lot on the subject of forex trading, the basics covering almost everything. I've opened a demo account with a broker, and for the past 3 weeks have been applying my knowledge.

I use three indicators on my candlestick chart.

MACD
SFK
RSI

Can someone point me to into the right direction on how to use these to the best of their abilities? I'm looking at getting into day trading / swing trading but dont have the best of grasps on identifying trends.

Thanks alot!

Sapper

 

[jchalmers3]

Hey all, first post here but Ive been snooping for a while.

I'm looking into learning how to trade on the FOREX, never traded before, but when I get the urger to learn something new I alwars follow through.

Ive read a lot on the subject of forex trading, the basics covering almost everything. I've opened a demo account with a broker, and for the past 3 weeks have been applying my knowledge.

I use three indicators on my candlestick chart.

MACD
SFK
RSI

Can someone point me to into the right direction on how to use these to the best of their abilities? I'm looking at getting into day trading / swing trading but dont have the best of grasps on identifying trends.

Thanks alot!

Sapper

I would start by watching this webinar. It's on the russell2k futures on Ice, but the methodology is top notch and can be applied to any market or time frame. Follow this guy and you will succeed.

https://www.theice.com/webinars.jhtml

Choose the Nick McDonald webinar listed under Russell.

His site: Free Trading Education | Forex Trading Education | Stock Market Education | Trade With Precision