What is the best indicator to use for share / forex trading?

Question

I want to find out other ppls methods to find entry and exit trigger points.

Answer 1

Each currency pair requires different technical tools. Moving averages are common. MACD has stopped working, Fibonacci never did (as far as I'm concerned). Stochastic appears to be the tool of the moment... but the details will depend on which currency.

Answer 2

These people are just trying to sell you stuff; a decent indicator service costs upwards of $100 a month, not worth it in my opinion. Rather than that just buy a trading system.

What you do (and what I did) is make sure the trading system has a 60 day money back guarantee first; then make sure you can use a demo account. Use the demo account for 59 days and if you see you can make profit you keep the system and invest your real cash. If there's no profit to be made you get a refund; there's literally no risk when buying one.

If you're interested I found reviews of the top 3 Forex trading systems: http://forex-tracer.the-perfect-solution...

Answer 3

You can use my free trend indicators across multiple timeframes, they install on metatrader or any good charting package.

http://www.forexearlywarning.com/charts....

http://www.flickr.com/photos/24224310%40...

Set price alarms as shown in the screenshots to monitor the pair of interest at critical support or resistance.

At the point of entry monitor this indicator for a go/no-go decision using the market monitor heatmap

http://www.theforexheatmap.com/

Good Trading

Mark Mc Donnell

http://www.forexearlywarning.com/

Answer 4

I use support and resistance or pivots points.I would also stay with the trend fighting the trend can cost you money in the long run.

Answer 5

This "INVESTMENT GUIDE" is more helpful for you to make your money to make money for you,without taking any risk.

To gain more information ABOUT SHARE/FOREX TRADING,just gothrough the site

http://www.savings4future.com .........

GOOD LUCK

Answer 6

Just use Etoro, its always been the best and still is the best. I wouldnt trust any of the new ones.

http://www.etoro.com/B32_A4731_TClick.as...

Answer 7

we use several indicators for trading. One profile using bollinger bands, another for 8/50EMA.

mainly we use bollinger bands as this shows a lot of information about what is happening in the market at a glance.

Have a nice day!

Jim http://jsforex.blogspot.com

Answer 8

Use this: http://technicalanalysisforex.com/

It's the best available!

Answer 9

Focus more on fundamentals than technical analysis. Economic news analysis is what moves the markets.

Here is a free site that shows what has happened after economic news releases:

http://www.forexnewspatterns.com