There Are Many Reliable Technical Indicators

Discussion in 'Forex - Currencies Forums' started by Lindsey J. Crosby, Mar 13, 2021.

  1. Lindsey J. Crosby

    Lindsey J. Crosby Senior Investor

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    There are many reliable technical indicators. MACD, Moving Average, and Bollinger Band etc are few of them. I think the use of indicator is very important. Choose one, two or three indicators and learn the all aspects of those indicators. Test them on demo account. Do back test with them. And analysis the result. Not all the traders find all the indicators helpful. Some understand MACD more while others like Bollinger Band. So you have to find your own edge. For my trading I utilize Eurotrader broker since I like their useful resources like eBook and video instructional activities. They have Technical Analysis Tools with 50 indicators and charting tools
     
  2. mullbull

    mullbull Active Member

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    Yes, there're many technical indicators but it doesn't mean you have to use them all.
     
  3. Linda Smith

    Linda Smith Senior Investor

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    Famous business like trading is no more in the world. Forex trading can give you a lot of profit. Many have been successful in trading. If you have good knowledge about trading and if you can trade according to discipline, then trading will bring many benefits for you. However, in this case, you need good knowledge as well as the support of the broker. I am trading with TP Global FX broker where I am following their information advantages to make myself capable.
     
  4. Helen Epperly

    Helen Epperly Senior Investor

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    Traders shouldn't be too determined, as they will lose their concentration and make very careless decisions. Traders would start the FX or forex with a light feeling or as a part timer. Plan before trading in high-risk markets. But first traders have to gather all the knowledge about the market. Otherwise, they will face great losses. That’s why most brokers like Eurotrader offers free educational resources.
     
  5. Lisa Maria

    Lisa Maria Senior Investor

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    Forex market is one of the largest and profitable businesses in the world. It is a very profitable business. Anyone can start trading and earn a lot of money from the forex market. A reliable broker is very important for a trader. Trade with a scam broker is not good for a trader. I trade with Tpglobalfx. They are a very reliable broker. After much researches, I found this broker. They never make disappointment to their client. They are really a very supportive and helpful broker
     

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