We realize that forex traders always analyze the marketplace trend with various forex indicators in order to have a better knowledge of the marketplace movements. Different forex indicators have different functions. There are many forms of forex indicators popular by traders. Here I am going to introduce leading and lagging forex indicators.
What’s lagging forex indicator?
Lagging forex indicator can be used by traders to verify the strength of a given trend but usually do not predict trend. Since these indicators lag the purchase price, a significant move will broadly speaking occur before the forex indicator can give a signal. Lagging forex indicators are more trustworthy for they explain exactly once the price has already been changed and a new trend is seen. The drawback of like this is a significant move may have already occurred, resulting in the trader entering a posture too late and missing the very best…
View original post 417 more words