Which technical indicators work best

Professional trader Anne-Marie Bayand reveals one of the most important technical indicators give good trading signals, as well as several others that each trader should be observed.
Traders can pick out from the wide variety of technical indicators, which are available but which ones should be used? Today we’ll talk about it with Anne-Marie Bayand. Anne-Marie Would you tell us more details about it?

Yes, of course. I think that the most important indicator that should not be ignored by any trader – this is the price. Price is the most important thing, because each technical indicator we see is a derivative of the price. So the more esoteric your indicator, the less flexible and accurate to the price will be. Remember that it does technical indicator.

Why do you think people ignore the price?
I think there is a tendency among traders is to always look for something big and just looking like someone or something has to say “Buy here” or “Sell Now”. And I think that people ignore the price because sometimes it seems that thinking is too difficult. Usually traders watch the movement of every penny in their account, but without considering whether the price makes pullback to the area of ​​support or resistance area tested. Do not even ask the question: What exactly happening now? Such a way of thinking subjected traders waiting to see “green”, or “red” arrow to tell them “buy” or “sell”.

Anne-Marie, I realized what you have in mind when explaining the importance of price, but I know that you also have favorite indicators, which often use.

Yeah, right. Use moving averages – are not “fanatastic” indicator, but very useful. For example, if the price is above the moving average, likely will need to look for sales, and if the price stays below them probably will not try to go against the market and buy – right.
The next technical indicator that I use the Stochastics is. With his help measure divergence especially when price is no “desire” to get away from Moving average. And moving average (MA) and stochastic tend to show phases of convergence in the market.

Another favorite of mine is interesting indicator Commodity Channel Index. I think even he was made to work just for the raw materials market. It is very good when fed signals that the market is ready to reverse course and I often use it when trade.