Forextamil.com is started as a Blog to publish personal trading views of Mr.senthamizharasu, the enormous support and followers resulted in building a Strong global community of profiting traders. We at Forextamil.com focus in achieving financial heights of a Individual or company through online trading. With the advantage of booming online trading , we engage in Training, Asset management and Brokerage services for wide range of products that comprise of Forex, CFD, Indices, Stocks and Commodities.
With a Mission as Success being top priority and vision that sneak that every trader need to make profit in Online Trading , finding our service valuable and highly remarkable in their success story. Making its own way, ForexTamil.com is now at its 7th Year leaving long list of clientele across the globe.
Mr.Senthamizahu, Being a Trading Entrepreneur at his youth of 27 made his career filled with success that reached to India’s Top 10 Trader list and Awarded as Best Trader in Asia – 2015 at ChinaForexExpo held at Shanghai. He started as Individual Trader and compounding his business services that turned him wealthy at his 20’s, With bachelor in engineering and Master in Finance, he has built his business profile bit high with his tremendous experience , he is now leaving his success story in the history of Online Trading Industry.
THE 4 TIPS THAT WILL GET YOU THE RESULTS YOU NEED
Simple is better.
Go back to the basics. Even with thousands of technical indicators and tools,I always came back to the easiest of them: price and support and resistance levels. And you will too, eventually you will.
Whatever you do in the short term charts, the market will always move based on what is going on the long term charts. Keep an eye on them, and only trade when both, short and long term charts are connected.
You need to be confident in yourself and in the trading system you are using. The only way to get there is if you are comfortable with the system you are trading. So tweak it until you make the system you are using YOUR own system.
The fact that you open trades doesn’t mean that you accept the risk of taking that trade. Understand that risk is part of what we do and every trade has the possibility to move against us, therefore you need to manage your risk, capital and trades.
Follow these 4 ideas and you’ll be on your way to get consistent results. I can help you put these ideas to work. This is how I trade I first analyze the long term charts to determine: Which currency pairs to trade, and Determine whether the market is ranging or trending. Once I have a list of the clearest currency pairs for the day, I switch over to the short term charts to look for my entries. I don’t use technical indicators, nor Fibonacci or Elliot Waves (I find them too subjective). I have a very well defined trading plan, including risk & trade management. The common denominator in everything I use to trade is: simplicity.A few other things about me: I have more than 4.5 years of experience trading in the Forex market I got interested in the Forex market in my college days I trade a self-developed system based on price action.
Tags: Indian Forex, fx trading account, forex demo trading, forex practice, online forex trading demo, forex in india, demo forex, demo trading account, demo trading, currency trading online