FOREX TRADERS

[Relentless Despot]

Actually I rely completely on just a few things.
I hvae on my chart the RSI, slow stoch and MACD.
I combine those three with price patterns to show where in the trend the current price is.
Then I bounce in and out within that trend.
Often times I find myself being a counter trend player.
But my reliance on indicators is new for me, compared to my stock trading days.
I used to rely primarily on chart formations.. pennants and wedges being some of my favorites, But here in forex I have found that those formations almost never really happen.. and when they do they are rarely indicative of a predictable move.

Oh and almost forgot... Trend Lines.. I love trend lines.. I believe in them whole heartedly... Give me a trendline over a moving average any day.