Why Forex Automated Trading Systems Have No Chance For Success
Forex automated trading systems don’t work because of “price noise” in the market and because of the small amount of equity required to move currency markets. Further, automated systems trade against each other causing more uncertainty in prices.
Forex Chart Indicators ExplainedDon’t ever let anyone tell you that you can’t make huge Forex trading profits using Forex chart indicators. Some of the ways to use indicators profitably are so simple you will wonder why you having been making money using simple forex indicators all along.
Much of Forex Technical Analysis is WorthlessIs technical analysis valid? Many assure us that it is.
The Best Forex Trading Indicator May Be Your MindWhat is the best indicator for trading Forex? Ask that question on a Forex forum and you will get no consensus. Everyone has their favorite indicator and there are many to choose from.
Automated Forex Trading is the Snake Oil Salesman of the 21st CenturyWho are the snake oil salesman of the 21st century in Forex? The marketeers that are selling and promoting automated trading systems like the 25 cent bottle of Old Tom’s Cure All. They get in and out of the market quick and the only ones to make money are them. This article shows why automated systems don’t work and why the best path is to learn a viable and reliable trading method that can serve you for years to come.