Tuesday, November 21, 2006

Technical Analysis for FOREX Trading

The best indicator which a lot of trader use in make a trading is like below

  1. MACD ( moving average convegence divergence)
  2. RSI
  3. Moving Average
  4. Tend line
  5. Support and resistant line
  6. Fibonacci line and many more

The question is how to use that indicator. So to use this indicator you must open that forex chart and then in column indicator or column studies you find that indicator. For more information about about how to use the indicator, I will discuss tomorrow. Ok now you just find that indicator and try to understand before I explain tomorrow.