Maybe you doubt it, but since 2006 I do my forex trading without any Indicators using Daily20pip system, just playing around with OHLC (Open High Low Close) data and I still in this game today. Don’t you realize the present of lagging indicator out there?

You already know that 95% of the forex trading public failing to make any money, a lagging Indicator is like a death trap, like a path that guide you to the wrong line! That’s why you should be carefull in choosing Indicators inside your trading tool box.

Anybody can understand price action and this not really difficult. Most people just don’t want to take the time to really understand how to read the movement of the market. Everybody always wants the holy grail magical indicator that people can just plug into their trading platform and it’ll do all the work for you, but sorry it doesn’t exist out there!

Forex trading is about a proccess, no overnight instant rich scheme there, it need learning by doing, patience and dicipline. I do agree with some Indicator that help you manage your trade, but again be carefull with the lagging Indicator and just don’t depend on it. You need to have a chart movement reading skill, by understanding the OHLC data it will help you to know where the market direction and how much trading range might happen.
Regard,

Commercial strategies of forex which keep you right-sided (principal tendency) market.
Balance the trade if you live an occupied lifestyle. Our commercial strategy of forex daily for the trade of oscillation enables you to go starting from your computer after you placed a trade and to do what you must do. This strategy was conceived for the tradesmen who can ‘t spend much of chartThere of observation of forex of time are the troop two in the analytical forex, the fundamentalist ones and the technicians. They both are supposed to be right on each one. The technicians of one days are successful, another stop watch the fundamentalist ones are the majority of manufacturer of benefit.

Thus which is one really good for you? Custom when a group of analysts makes an error that the other surely indicates, nah we said to you earlier. Thus, with which chose? There are many possible answers to this question, and three of them are most popular. Read more..

Maybe the exactly words for this, I think be A Good Swing Traders with parameter Daily. Because Time Frame in long term like Daily have more a valid signal to prevent lack. More long term in time frame, we can reach more pips too.

Swing Trading originally designated buying and selling a market within a few days time. Today the popular usage seems to have expanded to cover a period of time longer than day trading, but shorter than investing.