End of day data forex peace

The Authority’ on Price Action Trading. In 2016, Nial won the Million Dollar End of day data forex peace Competition.

Essentially, when traders use indicators to make their trading decisions, they are getting a distorted view of what a market is doing. So, essentially, the only real use that lagging indicators have is in helping to identify a trending market, and I do actually use certain moving averages to aid in trend identification. The problem is that no one ever knows how long a market will trend for, so you are going to have a ton of false signals before the actual top or bottom of the market occurs. Let’s take a look at the way many traders try to trade with lagging and leading indicators all over their charts, and then let’s compare this to trading with nothing but a plain vanilla price chart and price action. MACD, Parabolic SAR, and a few moving averages.