Top Three Indicators For Your 2016 Trades (And Beyond) by Joshua Martinez
You’ll have more confidence in the trades you place if you use the right combination of confirming indicators. Need a good set to get started with? Here are three you can use to help get your trading geared up for the new year.
Now that we’ve had our fill of holiday fun and times are slowing back down (as slow as normal is, I suppose), it’s back to looking at charts to find those big trading wins for the new year. I’ve personally been setting up my charts to continue the momentum of last year’s trades and, most important, checking my indicators yet again to make sure I have the perfect combination. As you set up your charts, there are three main indicators I think traders should pay close attention to in 2016 and beyond. I’ll describe the three indicators here and how I use them, but for more details as well as how they’re calculated, see sidebar “The Three Indicators.” The indicators are useful in forex trading but also for stock trading...