Use indicators to forecast the market

[Daantje Pieters]

To forecast the market trend, you can use indicators. RSI, moving average and Bollinger bands seem to be good indicators. Besides technical analysis, keep your focus on fundamental analysis too.

 

[goo goo]

you cannot forecast prices you can only react to what is happening now. thats what i heard.

 

[Fin_Trader]

you cannot forecast prices you can only react to what is happening now. thats what i heard.

I think we can predict prices. After all, the market always repeats itself, forming frequently repeating figures of technical analysis and candlestick patterns that have a good performance and provide an opportunity to earn.

 

[Jonathan Lee]

Combining technical indicators like RSI, moving averages, and Bollinger Bands with fundamental analysis provides a more comprehensive market view. While technical tools help identify trends and entry points, fundamental analysis offers insight into the economic factors driving the market. Both are essential for successful forecasting.