I will discuss here about the two of the best tools being used in the trading one is moving average indicators and the other is momentum rooted indicators. Both are very important in my point of view.
Moving average indicators help the traders in finding out the market trend whereas the other momentum rooted indicators warns the traders of sudden future price movement.
I am not aware about momentum rooted indicators so far and i have not used these in my trading ever. But i agree moving averages are worth to be followed i follow these points while deciding to trade as they act as good support or resistance points.
Ap ney bohat acha thread post kia hai. Mery khyal sey tools key bry mai complete knowledge senior / expert trader he dey sakty hai. Forex market mai tools ko use kr key news aur expert trader achi earning hasil kr sakty hai aur loss sey bach sdakty hai. New trader key lye money management ak best tools hai aur es key sath stop loss aur take profit bhe best tools hai.
Your thread is good. In my thinking that the forex market has the different tools. But new trader learn it and under stand the TP & SL. Because they are use it regular base and earn the profit. Even that there account is never wash. So that the students are must learn it.
Dear friends yes you are right, but in here I also add candlestick, Because I always confiner in trading field at moving average and candlestick, it is very much like veryfaing our trading skill so use his basic skills
Sir i think a newbie trader should be trading demo without use any artificial tools like as indicator or robot. It demotivate trader to analyzing forex market movement. If a trader do not properly analyzing market then it is fully impossible to earn profit in long time so keep work hard.
Al though not a fond of indicators user, but i once used MA in my first year of trading. It's recommended to use it, since it has many variations that you can try, but the most advantage of using MA is it's easiness in setup. it only use periods to help you determine the trend movement. It's crossing strategy has many variation, you can search in google. But you must remember that too short period can give you fast signal but mostly is fake, while too long period can give you more accurate signal but sometimes you already being late to enter the momentum, that's why this indicator called a lagging indicator. So make sure you try all setting that you think fit you most. after all, it's only a matter of comfortableness.:1f61d:
hanji new trader ko forex market ka jetna bhi tools hota hai pehle usko demo par use karlena chahiye,esme trader jetna khud se market me learn karenga wo uske baad he wo esme acha kar sakenga,esme demo par baar baar tools aur indicators par practice karne ke baad he trader ko sabb pata chalta hai.Quote:
Originally Posted by ntn
han ji ye jo indicators apnay btaen hen bht hi ache hn forex trading men to guys apko btata chalon k moving averages men apko market trend ka pata chalta hai jab kay agar apko momentum ki characteristics pata krnii hen to wo market men sudden fluctuation kay bary men apko btata hai.
You known that we are use the different tool in the forex market. But the best tool in the forex market is stop loss and take profit. We can use the regular base and our account is safe. Our account never wash. So that the new tradr use the stop loss and take profit regular.