Forex Article - Trend versus No Trend

October 20, 2005 by Trader Rich 

I read an excellent article this morning discussing the use of
trending and momentum indicators.  It states that during a trend,
momentum indicators should be disregarded because they generate false
signals.  If the currency pair is not in a trend (currency pairs
trade in a no trend environment 2/3 of the time), then momentum
indicators should be used.  Technical indicators that are
mentioned are DMI, MACD, and RSI. 

Trend Versus No Trend

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