In this forex trading video (11 I am going to further analyse the trend and timeframe. It is important that you fully understand the readings of the trend lines and the best time frames to use.
This is the final tutorial on the manual system which I have proved time and time over the profitability of the system. Only with practice, care and patience can you achieve this. Do not use a live account when you start. Always use a demo account so that you can practice how the Mt4 platform is configured and how the charts/trends behave.
It is very much a time consuming job and you must “keep an eye on your trade”.
I have “given you” free tools and guidance. It is now up to you but remember, forex trading is a risky business and only with practice you can achieve an understanding of trends and charts.
I know watching tutorial videos are boring but I am confident you will achieve a lot of knowledge from my videos.
In part 2 of this video I am going to introduce you to an Expert Advisor/Robot that has surprised me with its ability to make profit. As you’ll recall I am not a fan of Robots and do not believe that artificial intelligence is better than a human response. We have not achieved the Android “Data” perfecting in Star Trek, yet. And, as far as driverless car is concerned, well, what do you think?
I have spent a great deal of time already testing this robot out and two others. They appears to be quite promising. I will report on them as soon as I am happy that the Robot is performing profitably.
I look forward to catch-up with you in the next Automated Robot video, with human intervention!
Please down load three more indicators that I have used in this video:
1. Auto Trend Forecaster
https://www.best-metatrader-indicator...
2. Automatic Trend Lines
https://www.best-metatrader-indicator...
3. Intrepid Trend Direction Indicator
https://www.best-metatrader-indicator...