PipTronic |
Which 3 indicators would you recommend to a forex beginner to get started?
Friday, 11th September 2009
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Lea |
This one is not hard to answer at all. And to be perfectly honest ( and a bit of a know-it-all , i guess) these are the 3:
1)price
2) price
and 3) did you guess it ? - it is the PRICE
Price is both historic and predictive.
Everything else is lagging, secondary factor.
But because market is a self-fulfilled prophecy and history repeats itself, i believe one of the most helpful, easy to obtain and utilize indicators are the tools for you trading platform that will automatically will plot supports, resistances, pivots.
Everything else could be done with a " naked chart"
Boy, i like that word!
Friday, 11th September 2009
Sources:
Www.fxuniversity.org |
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