US Treasuries as an Economic Indicator Use Protective Stops

Use Price Momentum to Support Your Forex Trades

So will support or resistance break or hold? You don't know and you should never predict or hope you should use momentum indicators in forex trading. Whenever you enter a trade your view should always be supported by price momentum. Two of the best indicators are the stochastic and Relative Strength Index. They will help you time your trades better, get the odds on your side and help you make bigger profits. Never make the major mistake that most traders do in forex technical analysis: trying to trade without momentum. If you do you will lose.