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The Best Trading Indicator Is The Price
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[QUOTE="Holicent, post: 280173, member: 76163"] The best trading indicator is the price. The price is the only thing that you can count on because it always moves in one direction and never back. You can make money out of this market, but only if you have a clear understanding of the market's movements and use them to your advantage. The price is what makes trading so profitable, but it's also what makes it difficult to make money. If you don't understand how the price moves, then you'll have trouble making sense of what's going on in the market or predicting its future movements. The problem with most indicators is that they don't take into account all of the information available to traders. They tend to focus only on one piece at a time and ignore other important pieces of information that could help determine where prices are heading next. Price action traders focus on trends and divergences in prices, not just isolated points on charts. They look for patterns that suggest upcoming reversals or reversals themselves. [/QUOTE]
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The Best Trading Indicator Is The Price
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