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Indicators are useful but

Devers
Oct 05 at 20:07
6 inlägg
It is very important to realise that indicators are sometimes wrong and the main thing which a trader should pay his attention to is the charts as they show the accurate situation of the market and indicators only help the traders to make the right decision.

sphinxo
Oct 06 at 04:50
10 inlägg
Devers posted:
It is very important to realise that indicators are sometimes wrong and the main thing which a trader should pay his attention to is the charts as they show the accurate situation of the market and indicators only help the traders to make the right decision.

Indicators will be wrong if you do not pay attention to analysis being used, I am talking about fundamental and technical analysis.

RobSchiz
Oct 06 at 19:46
465 inlägg
sphinxo posted:
Devers posted:
It is very important to realise that indicators are sometimes wrong and the main thing which a trader should pay his attention to is the charts as they show the accurate situation of the market and indicators only help the traders to make the right decision.

Indicators will be wrong if you do not pay attention to analysis being used, I am talking about fundamental and technical analysis.

Yes. You can not use indicators without proper knowledge.

AliForexTalks
Oct 09 at 18:38
81 inlägg
The Moving-Average Convergence/Divergence line or MACD is probably the most widely used technical indicator. Along with trends, it also signals the momentum of a stock. The MACD line compares the short-term and long-term momentum of a stock in order to estimate its future direction.

SteveHanks
Oct 12 at 07:21
458 inlägg
AliForexTalks posted:
The Moving-Average Convergence/Divergence line or MACD is probably the most widely used technical indicator. Along with trends, it also signals the momentum of a stock. The MACD line compares the short-term and long-term momentum of a stock in order to estimate its future direction.

You are right.

TroyTheTrader
Oct 12 at 11:00
12 inlägg
AliForexTalks posted:
The Moving-Average Convergence/Divergence line or MACD is probably the most widely used technical indicator. Along with trends, it also signals the momentum of a stock. The MACD line compares the short-term and long-term momentum of a stock in order to estimate its future direction.

Agreed @AliForexTalks
Apart from MACD, I feel, RSI is quite helpful in forex trading.

pathsofglory
Oct 12 at 11:14
8 inlägg
I do not like MACD. It lags to much. But I do like RSI as guide to ho strong a trend is

Unellene
Oct 12 at 12:54
283 inlägg
there is always a BUT, in every action!

croisssan
Oct 12 at 13:04
500 inlägg
As for me, the indicator is quite a useful thing, but only if it is used correctly. Sometimes you can get too stupid if you use purely indicators.

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