Determine the point of Resistance and Support and see the strength of a trend in Forex market. with these two indicators that demonstrate the strength of the market trends we can predict the movement of the market.Spoiler:
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Determine the point of Resistance and Support and see the strength of a trend in Forex market. with these two indicators that demonstrate the strength of the market trends we can predict the movement of the market.Spoiler:
Which indicators? main aapka ye indicator janna chahta hoon, dekhne mein to kafi jayda profitable lag raha hai, agar aapka ye indicator really helpful, so i think hum market mein kafi achche pips gain kar sakte hai.;)
1. FerruFx_Multi_info THV
2. Signal Bars
The Both indicators are default indicator from MT4. so it could be in use anyone for trading and profit.
we can follow these two indicators and make good profit form them . trading forex withe the trend direction will guarantee that we will not lose too much on it . the profit will be more than loss
yes i think you are very correct because the more we can always trade based on the direction of the trend the more we can always make the best numbers of pips in the forex market so i will advise traders to always trade in the direction of trend
But direction trends that turn may occur at any time, and traders should be prepared with it. Hence the observation of the market should continue to do.
all the trend are our friends to make money. the more strong the trend is the more opportunity to make more pips. it is very important to know the daily support and resistance level to make big profit. R1 and R2 or S1 and S2 may easily break by normal strength but if the R3 or S3 is broken then the trend must be very strong and need to invest big along the trend to make quick and big pips at a tike. this type of strong trend appear with news effect only.
to know the trends you can see it through forex calendar that has been provided by the broker banya, then to consolidate you can use indicators such as MA and RSI. then if you are right, then the profit will come to you
may be we should try with tthis indicators to make a good profit