Forex traders need to learn charting and technical analysis, most active traders use indicators. Many FX traders have often beat up the indicators instead of using them properly to make trades. The problem is that new traders tend to take every buy and sell signal an indicator shows, and this is the last thing you want to be doing. You need to incorporate chart settings and watch the trend. The key for the trader is to use them in conjunction with proper trend analysis. One of the benefits in learning indicators and oscillators the correct way is that the charts help you to trade with less risk.
Forex and stock traders are looking for the consistently wrong investor, trader and take the opposite position. This will obviously lead to winning trades for them. All traders have read trading books that point out that increasing volume is good for the continuation of the trend. Many new stock traders will try and fight the trend.
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