June 2024

United States ISM Manufacturing PMI

The US Institute for Supply Management (ISM) Manufacturing Purchasing Managers' Index (PMI) is a key indicator of econo…

Jun 3, 2024

The ISM Manufacturing Employment: A Balancing Act for DXY and XAUUSD

The ISM Manufacturing Employment: A Balancing Act for DXY and XAU The Employment component of the Institute for Supply Man…

Jun 3, 2024

The Tightrope Walk: US S&P Global Manufacturing PMI, DXY and XAUUSD

The United States S&P Global Manufacturing Purchasing Managers' Index (PMI) is a closely watched indicator of econ…

Jun 3, 2024

GBP/USD Weekly Outlook

GBP/USD edged higher to 1.2799 last week but turned sideway since then. Initial bias stays neutral this week and more range…

Jun 2, 2024

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FAQ

Q1: What is the best trading indicator?
A: Commonly used indicators include Moving Averages, RSI, MACD, and Bollinger Bands.

Q2: Can I rely solely on indicators?
A: No. Combine indicators with risk management and market analysis.

Q3: How many indicators should I use?
A: 2-3 complementary indicators are ideal to avoid conflicts.

Q4: Are trading indicators useful in crypto markets?
A: Yes, but combine with volatility indicators due to high swings.

Q5: How do I combine indicators effectively?
A: Use one trend, one momentum, and one volume/volatility indicator for confirmation.