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Originally Posted by CajunFX
Hello All,
I am new to Forex (might explain what I am doing here) and in my readings to date I keep hearing the message "don't over anylize the market". The other message I keep getting is that a successful trader uses just 2 or 3 indicators. So my question here is...
If you could only use 3 indicators, what 3 would you use and why?
I am still learning and many things in life you cannot learn from books so all feedback is appreciated.
Regards,
CajunFX
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Experience& intuition, market news & starting capital. Popular Indicators work very unreliably at best. You have no way of beating some Bank or a professional with dozens of computers by trying to rely purely on technicals... But it doesn't matter how many dozens of computers you have,
Head and experience beats them hands down.
My humble 2 cents, Canadian.