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what are the economic and technical indicators in forex trading?

Posted on 21st March 2010 in Forex Trading Indicators

kindly elaborate further both indicatorsespecially on how one uses them while trading

Trading indicators are best used along with money management and good risk control, using tesnical indicators alone will not enable you to ne a successful trader, the market is just too random

One Comment

Paul U

Paul U

21 March 10, 5:37pm

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

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what are the economic and technical indicators in forex trading?

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