So I don’t need too many technical indicators to make profit

admin — Tue, 23 Dec 2008 17:06:58 +0000

As I start trading again, so I decided to change this site template and layout. For almost 8 months I didn’t trading forex online, and I just felt how fun is it when I start trading again in the past two weeks.

My trading result pretty fair for me, the ratio profit-loss quite well, it’s about 60/40 – 60 times profit and 40 times loss.

Of course I forgot some trading methods (technical analysis) that I used before, so I just use several technical indicators to determine my orders, especially the common used technical indicators such as Moving Average (MA) and Relative Strength Index (RSI).

My conclusion from this trading experience is there’re no need a lot of indicators to make profit. Moreover, there’re a lot of successful traders only use one technical indicator to determine their orders.

Another conclusion is that quite confused if I use too many indicators (5 – 10 technical indicators), I just got into confusion and don’t know the market moving, since I used too many indicators.

So the past two weeks trading experience gives me conclusion that I don’t need too many indicators to make profit. Simple indicator gives me profit, fast action to order, and of course no confusion.

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Forex market and Forex broker Reviews – dailyforex.com

admin — Fri, 07 Mar 2008 17:03:08 +0000

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So I don’t need too many technical indicators to make profit

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Forex market and Forex broker Reviews – dailyforex.com

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