2. Now a days FOREX trading is
considered as legal in trading
facilities are available to make
trader familiar with the the
international market & Forex
Trading before he enters the Real
Market.Forex Trading companies
in India like Nord FX,is one
company which made Forex
Trading easy to carryout in
India,carried out through its
technical support office in India.
My Best Forex System on page 4
3. I hope not. It's just a little cold
water being splashed in your face.
Look, online forex trading can be a
little like gambling in Vegas.
You've got your cash on hand,
you're sitting there at your
computer looking at all the forex
charts and currencies: dollar, yen,
euro, etc. Now most traders don't
have this kind of capital to trade
with. This is where leverage comes
in and the confusion begins.
My Best Forex System on page 4
4. Forex is a lot like trading stocks
and if you have a solid foundation
on how the stock market moves,
the transition to forex trading will
be fairly easy. If you have no idea
how it works, this will hopefully
give you a layman's viewpoint into
forex trading. Best case scenario in
this little rant is that you get a
clear and accurate understand of
how support and resistance lines
work and are able to use this to
become a better forex trader.
Worst case scenario? You
completely are stupified (which is
not likely) by a concept so simple
as analyzing support and
resistance lines and decide that
forex trading is simply not for you.
Best Forex System Explained
http://andylank.com/cash-flow/
5. Once you understand the concept
of drawing support and resistance
lines, we can move on to bigger and
better things. But understand, that
if you completely blow off
analyzing support and resistance
lines, then you won't be as effective
of a forex trader. BABY STEPS
y'all. That is what you need to take.
Internet has empowered everyone
in the world even in the developing
countries like Pakistan, India,
Bangladesh and Srilanka to trade
in this huge market and make huge
profits online.
Best Forex System Explained
http://andylank.com/cash-flow/
6. Did the chart break the line of
support or resistance only to
retreat back to within its trend? It
is easy to mistake the market
breaking these points for new
established lines of support and
resistance. However, when you are
determining your resistance and
support lines, you need to
understand that you want to create
them in relation to the way the
market is moving ON THE WHOLE,
not simply the reflexes that happen
from day to day. You want to
analyze the trend, not the knee
jerks of the market.
Best Forex System Explained
http://andylank.com/cash-flow/