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  1. #1
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    Forex Indicators

    Traders use the indicator to review charts and making decisions to predict future price action. There are many types of indicator which is used for a different purpose. Learn about the indicator before using it. Keep in mind that, don’t use more than one from each category of indicator to avoid unnecessary signals and distracting. As for me, my broker offer all kind of indicator to their platforms.

  2. #2
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    Forex trading is the most famous and profitable business in the world. Anyone can trade in the forex market and earn a lot of money. The most major reason why people lose their money is trade with a scam broker. If you trade with a scam broker then there's less chance of earning money and you will face losses. I trade with Tpglobalfx. They are a very reliable broker. They never make disappointment to their client. They are very helpful and supportive.

  3. #3
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    Now finding an interpretive indicator for work is quite real. The most important aspect is to find such a reliable indicator to which you could entrust your funds.

  4. #4
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    Quote Originally Posted by banake View Post
    Now finding an interpretive indicator for work is quite real. The most important aspect is to find such a reliable indicator to which you could entrust your funds.
    There are various kinds of Technical indicators which are available for Forex traders but the main fact is that they need to test a technical indicator with the help of demo trading account before using them in their live trading accounts.

  5. #5
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    You are absolutely right, because I was in a moment in my practice, somehow I did not test the indicator, and this led to negative results, so you need to use a demo account.

  6. #6
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    The most important thing is to find a good source of indicators in which you will be sure. Otherwise, you can get not the most positive results of the work.

  7. #7
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    I also used indicators for work at one time, but from experience I can say that the most important thing here is to find a good source of indicators. Otherwise, there will be no sense.

  8. #8
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    Quote Originally Posted by dayzzz View Post
    I also used indicators for work at one time, but from experience I can say that the most important thing here is to find a good source of indicators. Otherwise, there will be no sense.
    You are right, not all indicators out there are good, it's possible that an indicator is not reliable, so we always have to make sure that the indicators we choose to use are from trustworthy sources.

  9. #9
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    Indicators are a useful addition for operation. The main thing to understand is to find a good source of signals that you can really trust money.

  10. #10
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    The choice of an indicator for trading should be taken seriously and competently as well as the choice of a broker, because it also affects trading in principle, like everything else.

  11. #11
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    Indicators can of course be quite useful, but it is more important to use the indicators correctly, which will be reliable.

  12. #12
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    Yes, in my opinion as a trader if you don’t get educated before starting your career in Forex market you will surely face huge loss and can’t afford it as a long time. So, better you learn first and then invest as per your trading capability. I choose TP Global FX broker because they are very caring about their clients and give super-fast and active customer service. I have learned from their free demo account.

  13. #13
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    In general, indicators are a very useful thing for a trader. The main thing is to find a source of quality indicators for work and use them correctly.

  14. #14
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    If you don't learn and trade, you will face many kinds of psychological problems. Every trader should learn and trade. There is a lot to learn in trading. Such as Technical Analysis, Risk Rewards, Money Management, Trading Discipline, Trade Management, etc. If you try to trade without learning all these things, then the trading result will not be good. First, you have to learn trading then you have to think about making a profit in trading.

  15. #15
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    Quote Originally Posted by Kees Bekker View Post
    If you don't learn and trade, you will face many kinds of psychological problems. Every trader should learn and trade. There is a lot to learn in trading. Such as Technical Analysis, Risk Rewards, Money Management, Trading Discipline, Trade Management, etc. If you try to trade without learning all these things, then the trading result will not be good. First, you have to learn trading then you have to think about making a profit in trading.
    We have to learn about Forex trading business and also do the type of trading that will help us in making more profits from the forex markets for this we will need to spend more time also.

  16. #16
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    Indicators for the trader are a very useful addition to the work. The main thing to understand is that it is very important to find a reliable source of signals.

  17. #17
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    all the same, you should not trust such moments too much, because no one will give you complete confidence in this moment

  18. #18
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    Quote Originally Posted by Walkarie View Post
    all the same, you should not trust such moments too much, because no one will give you complete confidence in this moment
    When we are trading in this business we have to understand that the risks need to be minimized for us. If the risks will be minimal then we can easily get the profits.

  19. #19
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    yes, this method of work can be useful and even profitable, but it will not always be so, every trader must understand this before taking such an option for himself

  20. #20
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    Quote Originally Posted by Diedriarekh View Post
    yes, this method of work can be useful and even profitable, but it will not always be so, every trader must understand this before taking such an option for himself
    For getting income from the Forex markets we need to use such type of a trading strategy that is easy for us to understand and use in doing our trades.

  21. #21
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    in fact, on the net you can find a lot of information on this topic, but unfortunately, most of it does not represent any benefit to the trader

  22. #22
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    Indicators are a rather interesting option for work, but again - you need to find a reliable source of indicators that you can believe.

  23. #23
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    Quote Originally Posted by banake View Post
    Indicators are a rather interesting option for work, but again - you need to find a reliable source of indicators that you can believe.
    We need to select and make use of such type of Forex Indicators that can be easily understood by us in doing our trades.

  24. #24
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    What really needs to be done is to analyze the work of these indicators. It is worth understanding that indicators can bring profit far from always, and sometimes even vice versa.

  25. #25
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    Forex trading requires a lot of patience. It is not possible to do a good analysis in trading without patience. If you want to make a profit in good analysis and trading, you must trade with a long time target. Many traders want to make a lot of profit in a few days and face losses as a result. It is never possible to succeed in trading in a short time. You can earn a lot of money by trading, but you have to be patient.

  26. #26
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    It is worth understanding that traders use indicators at will. For example, I have been working with a broker from Amarkets for quite some time, and I do not use indicators in the work.

  27. #27
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    Quote Originally Posted by banake View Post
    It is worth understanding that traders use indicators at will. For example, I have been working with a broker from Amarkets for quite some time, and I do not use indicators in the work.
    As i have been doing my Forex trading with the International Broker FXOpen so i can understand this fact that it will take time and we will need to be ready for doing this.

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