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Barry Norman Explains the Types and Proper Usage of Technical Indicators

Barry Norman Explains the Types and Proper Usage of Technical Indicators Technical indicators are a small part of technical analysis although many traders place a great deal of importance on these mathematical formulas without knowing just what they are all about.

In order to build a successful trading plan whether you are trading bitcoin or the euro, facebook or apple, oil or gold you need to properly analyze chart price action.

If you accept the fact that the best traders use only chart patterns and price action to trade, you need to realize that there are times that you can not understand what price is tell you. Technical indicators are your interpreters, they help you understand.
Indicators include bounded oscillators such as RSI and Stochastics or trend indicators like Moving Averages.

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