Using three different trading indicators of the same form momentum, just like outputs in the multiple relying of the similar info, a math term referred to as multicollinearity. As a currency trader, especially during huge price moves, you may remember testing with Ima Fibs Above. As the chart displays, this specific combination does a good task of determining the primary trend of the currency market around most of the period. on the other hand, even though what Ima Fibs Above combo you choose to employ, there can be whipsaws. The 2nd indication no forex trend no positions quite easily points out the lack of an objective main trend market.
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