Forex Technical Analysis: How I use my indicator setup to predict price movement
Forex Technical Analysis lesson by Jerrell Coleman
Even if you make trades using a signal service or trading software, developing your technical analysis skills will help you improve your accuracy as a day-trader on the Forex Market, because let’s face it… No signal service is right 100% of the time.
How do you determine the difference between good and bad signals?
How do you know when to enter a buy or a sell?
A combination of technical analysis, fundamental analysis, and MULTIPLE CONFIRMATIONS!!!
Guys, the idea is to confirm the direction of the price movement before a trade as many ways as possible within reason.
Personally I like to confirm the price movement at least 5 different ways.
Connect with me on Facebook, I love to talk Forex strategy and connect with other traders, I have also created a number of group chat communities to help new traders get questions answered faster.
Connect with me on Facebook, I have free training groups, and group chats for Traders to network here:
Be sure to send me a message!
Also follow me on Instagram @TradingFXwJcoleman
If your interested in taking Forex serious, making some serious profits, and navigating towards financial freedom, I HIGHLY recommend you take a look at my coaching platform on Patreon here:
On the go and can’t stream the video? Listen to my podcast on the go on all podcast platforms including:
Apple I tunes:
All information in these video tutorials are for educational purposes only and are not intended to provide financial advice. Trading Forex can be very profitable, but you can also lose all of your capital if you do not apply proper risk management to control your losses. Your experiences in the market may also differ from others based on the Broker you decide to participate with. The idea is to win more trades than you lose, but more than likely traders will incur losses on the market. Traders can minimize exposure to risk by using proper risk management procedures.
THANK YOU SO MUCH TO ALL OF MY SUBSCRIBERS!!! Really appreciate you guys. If you have not subscribed to my YouTube channel yet make sure to hit the subscribe button and turn on notifications for much more great content!
Good luck with all of your trading!📈📉
I also have a FREE Forex training group on Facebook, if you would like to for additional education, comment on this video “FREE TRAINING”