good day all! i’m an aspiring trader with plenty of drive and ambition to make it in the FOREX game. i’m a newbie and i have been practicing on the Demo for about 2 months but it’s not as easy as i had thought it would be, as the application of my indicators in the technical analysis thing isn’t giving me the results which i need. if there was someone out there who could really guide me through his/her application of trading with technical analysis, i would really appreciate it. i am eager to jump into the business because i know it’s the ‘next big thing’ in regards to international finance and it is really gonna pay my bills. i am kinda feeling my way out to see where my strengths lie and what my weaknesses too may be. i will start trading the news (fundamental analysis) because it looks more real and it has more direct influence on the charts and the markets. i really need guidance with regards to the whole thing. please so advice me. thank you all
Hi Maxiipriestt,
I would advice you to take some lessons on the Babypips / School. It is very modulair so you can step up at your own knowledge level.
Im not allowed to post a link yet, so look up “Why You Should Look at Multiple Time Frames When Trading Forex” here on babypips. Back to this basic step made all the difference in the world to my “pipage” count.
Hope that helps
Hey there! Glad you found your way in our forex community since we’ve got plenty of folks that can help you out in your forex journey. If you’re not too confident with pure technical analysis, I do agree that you might have to study fundamental analysis. I suggest you get started with our School lesson on fundamentals and follow the daily trading blogs on economic reports and analysis:
Market event updates: Pipnoculars Archives - BabyPips.com
Longer-term economic analysis: Piponomics Archives - BabyPips.com
Hope this helps!