View Single Post
Old 23-02-2011, 21:35
Stephanie3374 Stephanie3374 is offline
Level 1 Lasers Member
Join Date: Feb 2011
Location: Gilbert, Arizona
Posts: 2
Default Identifying patterns

Indicators are used for identifying patterns from all the ups and downs of the forex market. In any case, indicators get the raw market data feed, and spit out probable trading scenarios. Just remember that they are not instruments for predicting the forex market. We use them to possibly identify opportunities which we could use to our advantage. The indicators must be used with an appropriate money management strategy (which is probably the most important thing in forex trading on margin).
Reply With Quote