What Indicators to Use For Forex Trading, Stock, & Options Trading?

I personally use the 365 and the 150 exponential moving average in forex trading. They both are very important moving average to be placed in any forex traders chart.

Indicators as I mention, I rarely use them. However I would like to explain something that most people who use indicators but do not know this fact.

Indicators are categorise into 2 categories.

– Trend following indicators
– Oscillating indicators

The name explains it. Use trend following indicators when the pair is trending up or down. Use oscillating indicators when trading in range.

With this said, now you will understand why forex trading indicators do mislead people. As they are using them in the wrong way. I personally stop using indicators as i mention all indicators are lagging indicators. which is why 95% of traders lose money.

The indicators which I keep on my chart are the OSMA and the RSI. However, I use them only for divergence purposes. Do a Google search on divergence and you will understand it within minutes, therefore I will not explain it here.

Fibonaci retracements and extensions plays a large part in our trading and next will be support and resistance, price pivot. In our group, I will show you how simple it is to know where price is going and why it stops there. It is very understandable and soon you will know that the market do not move unrealistically. Every market move is explainable.

Once you understand this, I assure you. Your account size will start growing and you need not need to ever fret about forex trading anymore!

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