what is tha potential of makng cash trading forex on a 15-30 mins chart?
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- Yes there is potential. Trade the news. Know the times the economic data is coming out and guess which way the chart is going to react. Use technicals: candlesticks, support/resistance, EMA & MACD or RSI. Good Luck.
- If you have to ask this question it would be wise that you stay away from this all for a long time, as you obviously miss the experience for the market at this point in your life. Learn, practice a long time etc. before you start to do this for real or you will end up losing everything... And yes, there's a good potential in the Forex trade in general, as long as you know what you are doing AND even than you will lose out on some of your positions.
- I have done quite well with the 15-30 mins chart but then you have to get other things right and know when to enter and exit to win. I use Forex Killer and it has helped me a lot since I started it. I don't totally depend on it but it aids me to give signals.
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