Is Chart Analysis Enough?

mumuy

Active Trader
May 3, 2013
193
9
27
Chart analysis is one of the major parts for trading in forex but not enough for the trading in forex market. Every have must know or gather experience with chart analysis like money management and risk management. It is able to provide a profit if we are skillful use it. It is very difficult for me because it requires careful analyzes. Usually I will only look after the market moving and it is too late for my entry at that time.

It’s very possible to profit from good chart analysis; it’s all a matter of being patient to build the skills. I also trade 98% based on what i see on my candle sticks, support and resistance levels, the rest is just made up of looking at the calendar of economic news.