make money forex trading

As all know that only 5% of forex dealers are making money trading the forex market, we can't help but wonder if the average trader thinks it's really possible to make a living trading the forex market? My answer to that is absolutely, YES.And u can do,

Don't let the fact that only 5% of traders are making money. There is a reason for this. The reason is that the vast majority of the traders out there never take the time to properly learn how to trade. They would much prefer to just go from one shortcut to the next. http://www.bestforexspot.blogspot.com/

If you want to become one of those elite 5% who are making money, you are going to have to have a strong grasp of technical analysis, preferably price action. Price action is all about trading with the trend, being able to spot trading patterns, seeing the important support and resistance areas, and being able to predict the future price direction. In essence, you have a much deeper understanding of the market.
Legendary floor traders such as Jesse Livermore used the concept of price action to make millions of dollars in the stock market at the turn of the 20th century.

The real beauty of price action is its ability to force a trader to dig a little deeper and understand the underlying reasons why the markets move in the manner that they do.

If you are just following a bunch of indicators, I don't see how you can have any comprehension of what the market is doing. All you are doing is hoping that your indicators are right.