Traders Laboratory - View Single Post - forex trading indicators
View Single Post
  #3 (permalink)  
Old 12-01-2006, 01:00 AM
Reaver Reaver is offline
Reaver has no status.

Trader Specs
 
Join Date: Nov 2006
Location: FL
Posts: 922
Thanks: 0
Thanked 3 Times in 3 Posts
Send a message via AIM to Reaver Send a message via MSN to Reaver Send a message via Yahoo to Reaver
Re: forex trading indicators

I'm not a huge fan of indicators, even though alot of times you can mess around with one and find a use for it, I find that they distract me from what's happening for the most part. My setup uses a 60 period wma and a parabolic sar (just for back up s/l plotting and confirmation) on standard settings. I'd say get amongst it and find what works for you....just watch the charts, try MT4 out and go through a few years of data and see what the indicators do if you'd like to see them in action. I did, and came to realize I like my simple set up the best. Best of luck man.

Reply With Quote