Make Money Fast in Forex Trading – How to Become a Forex Chartist and Make Bigger Profits (By Luthando)

If you want to make money fast in Forex trading, the best method to use is to become a Forex chartist and use technical analysis. This method is quick and easy to learn, as well as apply and if you do it correctly, you will soon be on the road to a triple digit income in 30 minutes a day! Let’s look at how to do it correctly.

When you become a Forex chartist you simply have to learn high odds set ups on charts and you need to know nothing about the news! Traders who think studying the news helps are wrong – why? Because markets don’t move on the news itself, they move on traders perception of what the news means and that’s why markets always collapse when the news is most bullish and rally when it’s most bearish.

In our world of instant communications the news shows up in price action straightway and you can see this as a chartist but you also see something more – you see how all the traders see the news.

Markets are moved by human nature and as human nature is constant it will show up in repetitive high odds patterns you can trade for profit.

The good news about using charts is you only need a simple trading strategy, it’s a fact that simple systems work best, because they are more robust than complex ones which have to many elements to break. Of course anyone can learn a simple strategy and spot these formations – it’s a totally learned skill and you need to know nothing about what moves currencies or be a geek or colleged educated person to do it.

When you are a chartist, you see the reality of price change as it is and can act on it without letting your emotions get involved. Most traders lose because they let their judgment be clouded by the news and other opinions from brokers etc and when emotions get involved in Forex trading the trader losses.

Charting only takes a few weeks to learn and then, you can trade with confidence and discipline and make yourself a great second income in around 30 minutes a day – it’s easy to learn and very profitable, so become a chartist and you can enjoy currency trading success.

Source: www.askpaccosi.com