Forex Indicator are Lagging
The two things that you must have if you are want to succeed at trading. First, you must have a solid understanding of how the market really works and a rule-based strategy based on the objective laws of supply and demand.
Most Indicator are Lagging and that drive us to trade incorrectly. We use to run from things we are fearful of and are drawn to things that make us feel good. If you take this action in trading, you are headed for trouble which in the trading world means losses.
For example, if your MT4 chart invite you to buy into a market comes after an uptrend is well underway, all the indicators are pointed up, and the news is good on that market, where do you think price is in that market? Yes, it’s likely very high.
Never forget, when you buy, many people have to buy after you and at higher prices or there is no profit in your trade. When you are buying at the end of a uptrend, when most indicators are still pointing up, but this is are a trap when the price suddenly move at the opposite direction and This action will completely mess up your trade.
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