Thursday, July 30, 2009

Forex Tips - Colors blind your trade


If you think that indicators and Psychology is the only important things in trading. Think again, I want you to take a close look at your chart and tell me what you see in the quick blink of your eyes. If you face the chart right now and close your eyes, a quick blink will tell you what you see first in your chart. Is that the most important indicators that show you first? As a trader you must know, which one of the indicator come first and which one come next. Place it according to the need in line...let say if your candle in number 1 in your important indicators list, so in the blink of your eyes you should see the candle first and not others. Everyone have their different color limit in their eye vision. So they need to adjust the color according to their eyes. YES, color play a big role in trading too. Without a right adjustment of color to suit your eyes is like driving in the rain without your wiper on.