Quote from: Johnyz on Today at 08:50:02 PM

Quote from: AicecreaME on Today at 02:11:13 PM

Quote from: Oshosondy on March 11, 2022, 08:17:10 AM

If you are using indicators for trading, which ones have you used that make a good trades for you?

I'm using RSI for divergence and Fibonacci re-tracement to easily spot future support and resistance. These two are my favorites, so easy to use and understand. But you also have to know first of course how to read TA, and the basics to be able to understand what's those two for. I've been using EMA as well when I was just a newbie in trading, but it's too confusing for to use more than 2 indicators so I stick to two only.

These are the common indicators that you can use in trading, very simple and effective but it became useless if you didn’t know how to use it properly so I agree that you should learn first how to read TA and don’t just depend on any hype. Indicators are your best friend here in the market, they can tell you the whole scenario and by this you can have your decision making, always analyze for your own good.

You cant able to say it was effective unless you do make profits out of those indicators that you've been using but the most common would really be that support and resistance line on which it would
be mainly used or i could say it would be enough and the rest would really be depending on someones preference to add up like RSI or MACD or according to your own knowledge since
not all would really be that good on applying out indicators on specific conditions but actually learning them isnt really that hard because as a trader then you should know on how these
indicators should be used since it would really be beneficial for long term.