traders just starting out, all the way through to full time professionals, I see this happening all the time and trust me, I dont just see it with the beginners! It is essential to use leading indicators. Forget trying to memorize the names of hundreds of chart and candle patterns, it is completely unnecessary. He purchases the fancy software, is more money down for doing so and still consistently losing in his trading.
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Knowing the names of these patterns unfortunately does not help traders make money yet making money is the end goal for traders right? Leading vs Lagging Indicators, certain technical indicators are more powerful than others. Trading strategy is the recipe. The best trading strategies that you could ever create surrounding these possibilities are ones that you create yourself. Image Two GBP/JPY 60 Minute 45 top work from home jobs australia chart (left) shows significant divergence on macd RSI. More than likely they are among the numerous technical traders out there struggling to find the perfect technical indicator or pattern that will work for them.
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