2014年1月12日星期日

The usual and effective indicators I used in forex market

SMA(Simple Moving Average)
EMA  (expostional Moving average):  focused on recent data  10days
Pittbull book(best trader's favorite)

Stochastic Oscillator: Momentum Indicator
The fast and slow of the stochastic oscillator

The technical analysis best works in daily chart.

Relative Strengh Index(RSI)

Moving Average Covergence Divergence (MACD)
Bolling Bands ( SMA with upper and lower bands)
Once it touches the lower band, it it a sign of strong buy
Average True Range


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