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How To Combine Technical Indicators To Trade Forex Successfully A lot of forex traders use technical indicators to help them make trading decisions and on the whole they are very effective. For example, a technical indicator may give forecasts on the direction at which a particular currency pair may head next. They can also help you to determine where to enter or exit the trades. If these indicators are used correctly, they can make you earn a lot of money.The fact remains that technical indicators are effective tools to use in making trading decisions. However, only very few traders know how to use these tools profitably. A lot of traders make some mistakes when using these indicators. I would analyse some of the major issues relating to the use of technical indicators below:When making trading decisions, the fewer the indicators you use the easier it is for you to be able to decide where the market is going. A lot of traders make the mistake of using so many indicators at the same time. This is as a result of the believe that the more indicators they use, the better their trading signals would be. Unfortunately, this usually lead to confusion since some of them...more
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