PureBytes Links
Trading Reference Links
|
> I am just started with forex trading. I've heard an opinion that
> technical analysis is useless in intraday trading.
Forget that !
> Does anybody have any other opinions?
in FOREX: 99% of all volume is traded based on technical analysis -
wonder why ?
> Could you give an advice what is better
> for the beginner to trade intraday only or to hold a position for a
> few days also?
really depends on your needs, gut, ideas, comfort level, etc.
> What indicator is worth to be taken seriously on
> 10-30-min currency charts (us/dm) ?
Ssuggest to use a P&F chart with settings of 0.0010 x 3 - which will
create a 30 pips reversal in USD/DEM - look for support and
resistance areas - bounces and breaks
rgds hans
~~~~~
....and bear in mind
that high reward does not come without its partner high risk !
|