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Indicators to look for in Forex trading


earnmaster

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  • 1 month later...

While analysing signals in a Forex transaction besides general support and resistance a few indicators may come handy such as Bollinger Bands, Fibonacci Retracements , MACD and Stochastics. No single indicator can provide proper signal rather a conjunction of all of them can determine a trade. 

I learnt that moving averages the best indicator for trend. I learnt this from one of freshforex webinars, so far, I find the 200 EMA so good!

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