Hey Traders,
So, whats is Technical Indicator and how to plot them on charts and what things should be keep in mind while taking any trade.
1) Important part is the type of order you are going to place on market.
2) Most of the Traders always look over the chart and what overall market condition that really matter.
3) We always look 4 points before taking any trade: - (1) Trend (2) Volatility (3) Momentum (4) Money flow index.
4) 2 types of indicator (1) Leading (2) Lagging
5) Leading indicators are MACD, RSI, STOCHASTIC. Lagging indicators SMA, TREND LINE,
So, whats is Technical Indicator and how to plot them on charts and what things should be keep in mind while taking any trade.
1) Important part is the type of order you are going to place on market.
2) Most of the Traders always look over the chart and what overall market condition that really matter.
3) We always look 4 points before taking any trade: - (1) Trend (2) Volatility (3) Momentum (4) Money flow index.
4) 2 types of indicator (1) Leading (2) Lagging
5) Leading indicators are MACD, RSI, STOCHASTIC. Lagging indicators SMA, TREND LINE,
