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How to use indicators?
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[QUOTE="Samuelkanu, post: 80707, member: 8401"] There are many indicators for trading Forex but they are merely tools to help you in making decisions. You have to know what indicators show on the charts so as to be able to know the one that will be useful for you. Some show the trends and others show possible overbought or oversold areas. There are others who show the momentum and strength of the trains. My favourite indicator is the adx because it shows the trend as well as the strength of the trend. You should be careful because some indicators repaint and therefore will mislead you. [/QUOTE]
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