What do you use in forex charts

Discussion in 'Forex' started by ktrs, Dec 18, 2008.

  1. ktrs


    I am considering trading forex on a demo account.
    I understand that there are no volumes recorded in forex as there is no central regulating exchange.

    Therefore I can only see the usefulness of Bollinger Bands on an hourly chart, I see no way of determining an impending reversal from volume.

    Can anyone suggest something in addition to Bollinger bands and share their insights in general?

    Thanks in advance.
  2. watch the candles and price action to decipher exhaustion on the charts , use s/r lines drawn from higher time frames down to the one your trade, and use trendlines, stay away from indicators
  3. cstfx


    ADX, ParabollicSAR, MACD, StochRSI.
  4. BB, EMA, and MACD