Is it possible for a trader to successfully and consistently trade currencies with the absence of moving averages and other charting tools?
I'm just out of university and have recently taken an affinity with the forex market (with the help of Bullbearings). However, the introductory site has no overlaying charts, and I am keen to know if there are any traders who trade sans such tools.
If there are, what do you use as an alternative? What dou employ in combination? I have not yet open any other demo account (but will soon, before going live).
Any ideas or suggestions will be useful.
PS I find that I make good (virtual) money trading the loony yen pair.
I'm just out of university and have recently taken an affinity with the forex market (with the help of Bullbearings). However, the introductory site has no overlaying charts, and I am keen to know if there are any traders who trade sans such tools.
If there are, what do you use as an alternative? What dou employ in combination? I have not yet open any other demo account (but will soon, before going live).
Any ideas or suggestions will be useful.
PS I find that I make good (virtual) money trading the loony yen pair.