Thursday, November 5, 2015

Naked Trading

                                     THE BEST WAY TO TRADE FOREX




Start with a plain Daily Chart.
Use Period separator. On a Daily Chart the period separator is one Month period.
Draw Support and Resistance lines.
Insert Fibonacci Retracement on the Charts.
That is all you need to start your trading analysis.
Watch for the candlestick that touches the lines on the chart and observe the candlestick patterns.

One most important thing to remember before placing a trade is to check the NEWS first. If there is any IMPORTANT NEWS approaching within one or two hours, then WAIT for the news release first.