9. What about.. Forex communities part 2

Dear fellow traders,

Last time we talked about the site "Tradingview". I promised to tell you more about this site in the next post, so here we go! 

Let's start with the chat, I do really recommend to register first so you can participate in the chat, and talk to other experienced traders. After this, start making your own technical analysis. 

When clicking on the "indicators" button (it’s a small view of a timeframe), you search for the "Moving Average". I would recommend to use two of these, one for the 55 line, and one for 200. This is basic learning material. 

Also, in the same indicators list, use the Bollinger bands + RSI. This indicator is better as the normal RSI because it moves along with the trend, it's flexible and gives a better view. 

Play with the chart, look at trend lines, make them, explore other options. 

When you start up your morning, make your technical analysis first. Draw some trend lines, look at your indicators, but please traders follow your own plan! Do not let other persons influence you with their plan what is totally different, you have made your decision, follow it.

Use the different timeframes, with the ma55 line, I do recommend 15 minutes, 4hour and daily. This is because it's an Fibonacci number. 

I can tell you everything about the site, but I would rather tell you to look at it yourself, play with it before using it, and find the indicators that fit you best.

Do not hesitate to contact me if you would like to know something about the site or good (beginner) forex brokers. 

Have a nice trading day ahead!

Vince

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