Which Trading Indicator is
by Frank Soler of SolerInvestments.com
Of the literally thousands upon thousands of trading indicators,
is there one that outshines them all?
Software packages, trading platforms, marketers, they all
claim to offer that magic indicator that'll tell you what
the market is doing, where it's going and when.
However, there is one indicator that is the best BY FAR!
Could it be our very own SolerInvestments.com Super Duper
Deluxe Psi Power Chiz Indicator?
Obviously it's not (especially since it doesn't exist).
And even if it did, this top indicator has existed since
markets existed, just a little before our time.
Enough with the mystery, this non-mysterious barometer
of direction is..
Price. Price will lead you, price will guide you. Price
will indicate where it wants to go.
When there are more buyers than sellers, price will rise.
More sellers than buyers, price will fall.
And it'll tell you these things way sooner than all the
lagging indicators, of which nearly all are based on price,
Why waste your time and complicate your trading charts
with mathematical formulas of what price may of done or
is doing when price is already there in front of you?
Price will never lie to you. It never proclaims to tell
us what will happen, but it will tell you what HAS happened
and what IS happening.
Knowing those two things strongly hint at what likely will.
There is power is that last statement, once you grasp it
you just may have one of those "Ah-hah!" moments.
Clarity, simplification, it's all right there in price.
Frank Soler is a successful trader and Registered Investment
Advisor. His company provides real-time Forex,
Futures, Options, and Stock Picks, an eye-opening Trading
Blog, and a free
online trading education center.