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In the Forex business any one can not operate automatically it done be operate and its operating system must be perfect and properly.
But i think that it should be operate with technically because it is an t technical business so its operating system must be technical .
If a person want to start normally he can be face with problem .
So it should be remember that it is an technical business and it must be operate with technical analysis.
I always believe in that simple is the best. as a trader i would like to say that general indicators are much more better than customs indicator. If one can able to make perfect use of the general indicators, nothing other can be so strong as this. everything depends on one's skillfulness.
true if the trader is any person is already proficient with the reading of the indicators he must believe and always use it and every trader must have an indicator that he always carried in each trade in the forex market, and each has a styleQuote:
Originally Posted by nazmulhyder
I fully agree your comment premises, for almost a year I always use a custom indicator because I think it's better to have a more beneficial effect for my trade but akihr these days I prefer to enjoy using the general indicator of the chart it's own innateQuote:
Originally Posted by nazmulhyder
I would like to add a little more regarding using indicator with abdillahikbal's comment that every trader should have a strategy which suits for him best and which he can understand the best. that strategy may contain more than one indicator.
i think, analysis is most important for me its a part of forex trading. i follow not only technical analysis but also follow fundamental analysis. because a lot of relation in analysis
between technical anaylsis and fundamental analysis . i try to find out market trend bye various indicators. then i trade and i am happy with my trading style
well sir .. actually it's just an indicator for ease of analyzing the price alone but did not specify. and also the indicators can not predict the market going where the indicator can occur due to spurious signals are very fast moving marketQuote:
Originally Posted by nazmulhyder
very true, I always use a few indicators which for me was suitable for trading, I combine some of the indicators and kemudain I made a template in order to facilitate me,,,Quote:
Originally Posted by nazmulhyder
well once again because of all the characters of people different from one another
technical analysis is very important for forex trading.Different type of technical indicator have in meta trader or your trading platform.you can must analysis with more than two or three indicator.you use rsi,macd,moving average etc.
well sir, and of course by using a larger timeframe would look towards trends that will occur, with the determination of taking a position at a smaller timeframe would be more to make us always get the advantage in every dayQuote:
Originally Posted by kudro1997