Forecasts ? Is it good or bad for newbie trader ?
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Old 12-15-2005, 08:53 AM
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Default Forecasts ? Is it good or bad for newbie trader ?

Some time ago,when i start trade at forex i always used forecasts from different sites(like www.fx-charts.com , www.finrise.com , www.e-forex.ro) for control my own day strategy. IMHO it very useful 'cos when you create your strategy for forex trade you may correct it if see results and forecasts from other sites. Particularly this useful when you distrust - how trade today ? .... but it often bad day for trade and i just wait next day.
But now i have't my own trading system and i think it bad for me
What you think about subj ?
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Old 12-15-2005, 09:40 AM
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Forecasting is no use for me, as it is mostly false and misleading. Taking probability in account, you can expect to see some correct forecasts while most are totally false. Ask yourself a question: If they can forecast correct signals for you then why don't they forecast and trade by themselves? They would be millionaires overnight, and they wouldn't need to register domain names and send out signals.
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Old 01-10-2006, 01:33 AM
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Quote:
Originally Posted by Tom Trader
Some time ago,when i start trade at forex i always used forecasts from different sites(like www.fx-charts.com , www.finrise.com , www.e-forex.ro) for control my own day strategy. IMHO it very useful 'cos when you create your strategy for forex trade you may correct it if see results and forecasts from other sites. Particularly this useful when you distrust - how trade today ? .... but it often bad day for trade and i just wait next day.
But now i have't my own trading system and i think it bad for me
What you think about subj ?
Hi Tom There some signal is ok ,like Elliot,MMs,and some other . I see 1 gerrman signal that I like to try ,but couldt understand what it say .cheers zztop
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