What Are The Economic And Technical Indicators In Forex Trading?
kindly elaborate further both indicatorsespecially on how one uses them while trading
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Wow.
There are dozens of technical and economic indicators that can be employed in analyzing Forex currency pairs. And even if you get these mastered there are still external influences that can ocassionally throw a curve ball at your analysis. (natural disasters, military coops, terrorist activities, government policy changes etc. etc.)
The best source that I have found to get a good education on indicators and their uses is at http://www.babypips.com
My life became greatly simplified when I moved away from day trading and staring at indicators to employing conservative, longer term hedge startegies.
May all your guesses be good ones.
Paul Upp
(925) 236-1839