Technical Analysis Stochastic Fidelis Capita Markets
There are a number of indicaTors which can assisT you in forex Trading or help you in judging The markeT direcTion or Trend, There are basically Two Types of indicaTors leading indicaTors and lagging indicaTors.
Lagging indicators tell you that the Trend has changed and The Forex Trading Market is now moving in the other directions. These indicators keep you behind as you come to know about the trend a bit later and you could have earned more pips if you have entered early in a trade. However they are more fake proof as a short time opposite move will not be able to make them give a wrong signal most of the times.
in This arTicle we will Talk abouT a very simple and easy To use indicaTor of forex Trading which is called The sTochasTic indicaTor. iT is a leading indicaTor ThaT means iT gives you a signal ThaT The ongoing Trend is abouT To change and The markeT is going To Take an opposiTe move.
iT consisTs of Two lines and works on a scale of 0 To 100 and indicaTes The markeT’s oversold and overboughT condiTions. firsT i will Tell you whaT is an oversold and overboughT mean and how To use Them To place your Trades:
depending on one indicaTor can give you some money for a shorT Time buT can Take away all of ThaT if one move goes againsT you. so be careful and keep on making pips.
Visit Our Website https://www.fideliscm.com/ • Forex Online Trading • Foreign Exchange Trading • Forex Broker • Fidelis Capital Markets