What Are The Best Indicators To use In Trading Forex
In today forex faq, we have a question from one of our fellow readers.
Below is the question:
Thanks very much for giving us hope in trading. I have been learning trading on my own with the help of your videos (youtube) and articles on my demo accounts and I have started winning some small trades. Please what are the best indicators to use and how can I follow your live trading on my demo accounts.
I am glad that you are making some progress with the help of my videos and articles as it really took me a lot of time to prepare all those information.
As for your question on what are the best indicators to use in trading, I must tell you that there is no such thing as the best indicator in trading. The indicators to use really depends on the strategy you are using as well as the objective you want from that indicator.
That is why you will see that I categorize indicators into different type on this blog. This is to help you decide which indicators to use for different type of strategy you are using.
Support & Resistance Indicator
Above are some of the categorization and you can read more about indicators in this blog.
Therefore for those of you who are searching for the best indicators to use, it is time to stop looking for it.
As for those live trade videos that I have shown you guys on my blog, it is done using the strategies I teach in my Forex Street University course. Therefore I am unable to share with you more about those strategies here in my blog as it is not fair for those who had joined my course.
If you wish to find out more about the strategies, you can visit the link below for more information
Alternatively you can learn how to formulate your own strategy using information I have shared with you in my blog with the post I have written sometime back.
I hope that I have answered your question and do feel free to email me if you have any question.