I am new in Forex. Just opened a demo account I do not know what to do and how. How to interpret the indicators. I’ll appreciate if somebody can help mer out. Chat, piece of advice, video, book seminar =, conference etc
I am currently going through the babypips school. The tab is at the top of the page
+1 Your journey will be a lot easier if you go through baby pips school 1st. You take the what kind of trader are you quiz, as well write down why you want to trade. The more specific the better. As you go through the school things will become easier to understand and with the basics under your belt, what kind of trader you are and why you want to trade, you will be able to target your learning and expand. There’s no need to pay for any courses, strategies, signals etc. Everything except why you want to trade is right here and it’s free. Once you do why you want to trade and the type of trader you are, you will be able to ask more defined questions. There’s lots of free help and you should take advantage of it. You’ll be happy you went this way down the road.
Good Luck
Gp
Spend all of your time between the lessons here and practicing on your charts what you’ve just learned. It will take some time, but once you’ve gone through it all you’ll have all the basic understandings and will be ready for more in depth learning.
Using indicators will fade in the future. Eventually you’ll realize you don’t need them and you’ll let them go. However at first it’s an important step to try some of them out.
I started the same thread yesterday in the other place of this forum) Anyway, after a couple of answers i actually went thorugh the lessons telling me about the indicators one more time and here I am turning my charts into “christmass trees” They are now so bright and colorful
I will suggest you to forget about indicators as these are endless indicators…
If you can learn price action right from the beginning, it will save your time and money.
Search this forums for price action threads where I a also posting easy naked charts showing trading entries and also learning from others…
Oh, welcome to the forum.
For m, just choose two indicators that your comfortable with and easy for you to understand…