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But of all the financial markets, Forex is arguably the worst offender of overutilizing indicators. All of your indicators need price to move 15- 30 pips before they start triggering trades. So, forget about the confusing haphazard mess that indicators.
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We are repeatedly asked: Which is better: MACD or Bollinger Bands? In other words, a trader holding a long position might consider taking some profits if the three- day RSI.
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