One of the most important parts of trading is learning how to use indicators. A lot of people may use different indicators and over the years, I have tried many different ones. I realized that I only need to use a few. The main ones that I use are really drawings and not indictors. They are Fibonocci Retracement and Extentions. These are purley based on support and resistance and are the best in my opiinion to determine how market price action will affect your positions.
Have a great weekend!
Talk soon,
Al Losada
Founder | SimpleOptionStrategies.com
P.S. For live trade alerts, please check out our SOS Trade Alerts. We will be opening to new subscribers on Aug 3rd, 2021.
You can also check out my YouTube Channel at SOS YouTube.
None of the content published on SimpleOptionStrategies.com or within SimpleOptionStrategies.com’s Telegram Trade Channels constitutes a recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. SimpleOptionStrategies.com is not responsible for any losses incurred as a result of using any of our trading strategies.
