Forex isn't as simple. It depends on your edge and what your investment objective is. There are some well known simple trading strategies that have moderately good returns. It looks as though fundamental analysis makes FOREX trading harder.

The hardest game in the world

Fibonacci retracements use horizontal lines to indicate areas of support or resistance which i use on my system. By the way, good thread for so many chart analysis.

Now I am a believer in Fibo

If the trade is about price action then yes it is important in Forex. A lot of traders have a lot of different ideas about what price action.

Price is everything

Only experienced scalping person can trade with scalp technique. If a newbie will try it, he is surly gonna loss his money.

Scalp, scalp, scalp

The foreign exchange market is always touted as a 24 hour market.

How do you trade the Asian session?

Don't think in terms of profit, think in terms of initial risk and take appropriate position, so that even if SL is hit, you are very much comfortable with that loss.

What is the most important piece of advice you've received?

Can you share more view on RSI indicator.?? In a Bigger time frame?? Right now i am also using it but want more knowledge about it.

3 RSI cross and above or below level 50

Scalping is very risky in forex trading. I have studied some method about trading scalping and i traded it before but it is really very dangerous and require high leverage. If you have good experience with scalping then you can go for this.

Do scalpers make money in the long run?

I do not hear any kind music when i am working with trades. Any kind music will disturb me in my work. So i always ignore any kind music in my work.

What kind of music you hear while you trade?

I use it but mainly during quieter periods. I look for increased tick volume at a few areas. But some how it does not work work with my strategies. So I use ToS and sometimes Ninja.

How do you use Tick-Volume for your Trading?