Best trading tools about which most of the new comers are unaware.

[manoj]

I think the most important trading tool that newbies really lack is the use of trailing stop loss. Many don't even know how to set and use trailing stop. It is a nice tool to be used when you are on a trend and unaware about its reversal.

[mohit]

i think the best trading tools are the stop loss and the take profit , because stop loss is used to protect our account from lossing and the take profit is used to lock our profit in the volatile market

[forexman]

sir i did not understand more what you are saying and so i request to explain more so that we can know more what you are saying and we can foloow your good suggestion in our trading

[kulonikilaregunung]

i advice that you start trading the most volatile session of the forex market which is the New york and london session overlap. Also try and maintain trading only the major pairs in forex for the best results for a newbie.

[ezhaforex]

Best trading tools are Moving average and bolinger band.when you can combine these two indicator, then you can get good profit. It's give you strong signals with buy or sell indicators too.

Bollinger bands indicator that you mention what the usefulness of this indicator, I have not ever used this indicator so do not know so please explain its function may be able to help me in getting a bigger profit ... thanks

[ezhaforex]

You are right, if you can combine these two indicator, then we can get higher probability to win; Some times we should take the postpone of the two indicators,that is to say, in some market conditions, they may give the wrong signal, especially in range.

but what if when we play we use many indicators such as the 4 indicators but apparently these four indicators show different signals so as to make us confused or there are some people who are deceived,, how do we solve this problem? trims

[ezhaforex]

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 did that play forex usually always use a indicators are moving average and moving average is quite helpful in analyzing the movement trend of the market but I've never tried rooted momentum indicator, but if true this indicator can predict the price movement suddenly will be very good ,,, thanks for the suggestion

[wolfkamikaz]

Moving averages are very good tools to find the trend direction and it is use in forex market broadly by the experienced and expert forex traders. It gives strong signals with momentum indicators. I use moving average with stochastic and MACD.

yes im with you Moving average is the best for me i can find the direction trend if you learn about that is very good tools but stochastic is the complementary then the two together is very well Indicators

[yogesh]

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.

[asingh601]

maine kai reviews padi aur traders se baat kari thi jisme log Moving Averages ki tariff karte hain ki ye tool market ke movement aur uska trend tak wo bata deta hai ki trend kahan move karega isliye mai bhi ise use karta hun trade karte samay.