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Sunday, November 8, 2009

Best Trading Indicators

/ On : 5:38 PM/ Thank you for visiting my small blog here. If you wanted to discuss or have the question around this article, please contact me e-mail at herdiansyah hamzah@yahoo.com.
There are literally hundreds of technical indicators and there are thousands of combinations of technical indicators which can be used. But the problem lies in the premise. As there are many technical indicators available at your disposal, you run the risk of having too much of everything yourself can lead you to master anything. This raises the question: "you can use too many technical indicators?"

You probably have the same question and also to try the Holy Grail of combinations that will catapult into immortality, at least in the commercial world. You can test different combinations of technical indicators and technical indicators suggested by some messages on the Internet. But the thing is, there is no combination of technical indicator was 100% successful. Because if there will be anyone and everyone will be rich now. Right?

I am not, but the Internet can not give what you can use the Internet or a virtual world is full of shit for information on trade indicators. We can not deny that the Internet has given us easy access to a number of technical indicators and charts, which meant that some investors have knowledge and others really make a real fortune. My point is that investors should not rely on technical indicators suggested combinations and expect to be successful. What you must do is learn as much as you can identify the indicators are tailored to your trading style, which may in turn give way to higher profits and a positive curve in the long term.

That said, you do not have multiple indicators simultaneously. Experts say. By using different indicators at the same time will only lead to confusion. It will only lead to contradictory information, which is not good if you want certainty in your decision.

A good example is 7 indicators to determine your entry and exit positions. Four of them saying that you enter a long position, but 3 is moving downwards indicates a future. Although the majority of your indicators give the green light, the other a factor 3. Statistics can be at your side to continue the trade, but you're more likely to abandon it, because you still see the risks.

It is not over. Information on the use of several different times can be contradictory that may become an important factor in your decision. More likely, you do not trade because you're afraid to take a stand.

To succeed, you really do not have different indicators. It's ironic, but the most effective indicators that have been around the longest. Experts suggest that you stay out of the complex installation and adhere to the basic MACD (Moving Average Convergence / Divergence) Rate of Change (ROC), Relative Strength Index (RSI), stochastics and Price and Volume Oscillator.

Even with these examples, determine which indicators are suitable to your trading style. Do not make things complicated. To succeed, you're not constantly Tryout of new indicators to find the best combination. All you have to do is to use simple and Little Ones master.
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