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Tip #11   Tidy up your charts


Why do you need all those MA lines, MACDs, RSI, Ichimoku clouds and what not? In forex forums, you have probably run into people who post bewilderingly complicated hard-to-read charts that cloud the thinking of the uninitiated forex trader into believing that the guy who posted them must know something. The fact is he might not know more than the next person you meet down the street. Why don’t you reorganize your charts so that you can clearly see what’s happening right now? You need the price line, and perhaps have a couple of trend lines, resistance and support lines, and not more than 2 indicators. Even that would be too much.