Sentences with phrase «indicators as another confirmation»
I only use these two indicators as another confirmation of say a price action breakout or support or resistance action.
http://www.learntotradethemarket.com/ Not exact matches
However, few analysts would use this as a trading signal in isolation, and would look for confirmation of a trend reversal from other technical indicators.
And they definitely used gold stocks as confirmation / non-confirmation indicators — probably the way we are doing it, by gut and by eyeballing charts (of course we are often wrong, and coin flipping may be a better way.
Commodity technical traders usually use indicators such as moving averages and overbought - oversold indicators for confirmation of signals that price charts are reflecting.
The indicator finds its use in the trading of divergences and also as a confirmation tool.
However, as with any indicator, it is wise to seek confirmation from additional sources to bolster Fibonacci analysis before basing a large trade.
These indicators serve as confirmation for those of us who need to double check our findings on a regular basis.
Huawei has no full - screen charging indicator, instead opting for Google's spartan charging indicator as the only confirmation that the watch is connected to its proprietary power pins.