which moving averages are better to follow for mini accounts 20,50 or100 & 200 days moving averages.
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which moving averages are better to follow for mini accounts 20,50 or100 & 200 days moving averages.
for the MA I liked the setting from the master .. I took from a good strategy. MA 6 for scalping represent tf 1 minutes, 24 to 15 minutes of MA, MA 48 for 1 hour, MA 96 for 4 hours, why do I interpret that, because it is already counted in the formula for long positions or short trends. so we are more clear and understood,,
when i am trading i ussually use some indicator, this my indicator list i use : KG Moving Average, Stochastic, Bolinger band. every indicator i set with different time frame. any indicator help if i learn that well.
in my opinion indicator is also an important factor for getting good profit in forex trading because it shows the timing trends and useful for doing analysis in our favorite currency pairs.always i use indicators in my all trades.i use these indicators MACD,ZIGZAG,ADX etc.
every trader have their indicator self, they choice trust indicator and they can use it better from other indicator . or they use many indicator to make the trading session perfect and make open position when indicator tell that.
MACD it is a good indicator and it is popular, but i advise you to use more indicators for your analysis in favorite currency pairs market movements and increase your profit level.you must be careful in entering lot sizes and timing trends.
most of the good traders get profit from their analysis and using indicators.indicators give good view of your favorite currency pairs market movements.it shows different timing trends.but in all time do not believe indicators,it will give losses to you.
Yes, i agree with this. Indicators are not correct in all time. We should know the fact, the market has only two options either buy or sell. If indicators shows anyone of it, then it may be correct in some time. because, the choice is 2 only. So, its better to not waste your time with analyzing with indicators. Let us discuss.