Forex: What is your favorite Indicator?
By ahgong
@ahgong (10064)
Singapore
January 28, 2010 8:21pm CST
There are a whole slew of tools and filters to use when trading forex.
Depending on the platform that you are trading with, you will find that there are a list of indicators that are common among them.
There are the bands, the stochastic indicators, the oscillators, RSI, MACD, ADX, Moving Averages... etc etc
I know that each of us have a different strategies when it comes to trading. And each strategy that is developed, is based on experience when trading.
I am just curious. What are the indicators you are using for your system and why are you using them?
1 person likes this
1 response
@kun2349 (23381)
• Singapore
29 Jan 10
Well, i'm just here to make up the numbers again.. lol =D I'm not yet into forex, and thus i cant be of any help here.. hehe ^_^
Since like what u said, each strategy developed is based on experience, so all the more, u should be using your own indicator.. Find one that suits u best, using your own method.. hehe ^_^
1 person likes this
@ahgong (10064)
• Singapore
29 Jan 10
I sorta found mine. And I am curious about what others are using. And why they are using them.
Thus the topic.
Just like a car. We all know that cars are just four wheels and an engine.
But some people like Hondas. Some like Toyotas. Others like Kia... etc.
Even within the same brand, some like blue, some like red, some like black...
The question then would be why?
Why a Honda over a Toyota?
Why blue over red?
ha ha ha... just curious to see what are the favorite indicators of those who are trading or attempting to trade. And why they chose those indicators over others. 
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