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Learning How to Use Indicators: Five Tips To Use These Trading Tools Effectively
Technical indicators are an important part of trading because they provide valuable tools to aid us in our understanding of underlying price action. Indicators make comparisons easier and allow us to interpret information in an “easier to process” way for our brains, therefore allowing us to make better decisions and design better systems to trade the markets. However it is obvious that the large majority of traders do not use indicators properly and many new traders often fall into the category of “color traders” as they fail to have any interpretation of indicators besides some – often arbitrary – ... (full story)
