Which Forex Indicator Is Best?

November 6th, 2009 Posted in forex, trading
It seems we have only the value or complexity of what we often call “cutting edge”. The buzzword today in trading is “indicators, indicators, indicators“. Which is better?

The mentality is: If I can use a remote on my TV so I’d be able to find a similar technology as a commercial solution, because a computer can be solved if something good is programmed. Right? Not so far.

Remember, if there is a way to “understand the market, there would be no market. Think about it!

In other words, instead of trying to solve, you must approach the business with the right mentality. Hoe kan ik meedoen, overleven in winst uiteindelijk een nemen?

Allow me to table concept. Unfortunately, it is not mine. I am obliged to pass on:

Any intelligent fool can make things more complex and difficult to resolve. It is the genius who is ready to move in the opposite direction. Remember that genius is the ability to make the complex simple.

This is not the way colleagues like George Lane developed the stochastic take. Stochastic measures and the closing price over a period of time. Do not get me wrong. Stochastics have a place in the market. But where is this place? After all, is to measure the relationship between price and time. So what else shows the relationship between price and time? Answer: A plot.

The newcomer will use the stochastic to test the market. The experienced operator will take care to use it as a tool in its decision. But what value it held about him? Is it used as a leader in marketing decisions? Answer: No

But I have deviated.

What is the ultimate indicator of bargaining? The head is simply the price. All other indicators should follow. The application is, as always, price and time. Is this indicator is applied to a schedule and pricing range? You will not know the answer until you learn how to better understand the relationship between price and time to evaluate using only price as an indicator in the first place.
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