THE BEST FOREX INDICATORS Use 2 Indicators Or Struggle FOREVER
forex indicators in this video we 'regoing to be talking about what are the best 4x indicators to use and this advice may shock you because it's probably different than what you're going to hear from other people talking about 4x indicators the reality is is that most forex indicators are complete bs they have noability to predict the future
i'm going to be talking about two different indicators one common indicator which is probably the only indicator you should ever look at if you're gonna look at indicators in one very uncommon indicator which has a high probability of actually predicting the future hey there my name is adam winig and we built this whole youtube channel here at blue hedge financial to help make your trading elf easy lucrative we're gonna be talking about the best forex indicators and again i promise you this is different than what's taught to the herd which you may hear us talk about on the channel are
the uninformed which is pretty much all retail traders and we're gonna be talking about is two different indicators which are probably the only two indicators that you should ever use if you're going to actually use indicators because the sad reality is that indicators are just like a watch they just show just are basically telling you of what's happening right now and the whole backstory behind these two indicators is i actually got a chance to meet and become friends with and partners with a guy that was areal professional forex bank trader legendary forex bank trader at that that was responsible for managing a ton of money at a real professional forex desk and he taught me these couple things that are actually talked about in our book
it's called edge trading secrets the unspoken laws of a forex bank trader so if you want this more in depth then go to our website blitch financial.com free dash book i believe it is and you can download a copy for free so let'sget into it what are actually the two best forex indicators that you should actually be using okay number one is something that's uncommon okay most people when they think about forex indicators they're thinking about technical indicators right there's these two schools of though tright there's the technical and then there's the fundamental which is reading the overall news that's happening in the economy and the broader spectrum right well what nobody talks about is nobody talks about sentiment analysis and nobody talks about it for a reason because this is what the smart money understands that the retail trader sdon't and what sentiment analysis is is it's simply looking at the overall sentiment of what's happening in the market for example in the market there's always two participants mainly right there's the smart money and there's the the herd which is most retail traders orpeople will call it the smart money will call themselves the informed and the uninformed and what they understand is is that the herd is almost always wrong
if you know the statistics you'll know that almost 95 over 95percent of people will actually lose their money trading forex and sosimply thinking hey if i just do the opposite of what the herd's doingthen i should have a pretty good advantage and if you're thinking thatway you're absolutely right and i want to show you some statistics to actuallyback it up so i'm going to pull up this image right herethis is on my fx book which obviously you're probably familiar with uh youknow there's probably hundreds of thousands of traders that usemy effects book and it'll give you a good overall sentiment ofwhat the retail traders are thinking or what the herd is thinking so if you lookin this you can look up any currency pair and you can seewhat is actually going on in the psychology and with the net positionsof the retail traders so for example to make this simple this is the euro usdollar and you can see that most people areshort on euro us dollar about 79 of traders trading your us dollar at themoment are thinking that the market is going to uh go down so they'reselling and what's interesting is that the herd remember is almost alwayswrong so i was just looking at this todayand i pulled up
this picture you can actually find this on my effects book too i think it's myfixbook.com community outlook and youcan pull up a currency pair which i pulled up euro us dollar again you cansee here in the daily chart if you look at thisbig spike in the red positions this is meaning that theherd is thinking that the market is going to drop and sothey're selling selling selling selling and look at what happens the marketalmost goes exactly against what they think is going to happen the herd isselling selling selling and the market just goes up upup up up and the problem is is because the herd is always trying to catch thetops and the bottoms and the smart money understands thisand that's why the herd almost always loses money especiallyduring long trends so simply using uh this little community outlook and doingthe opposite of what the herd is doing will give youa massive trading edge in the market and at blue edge financialarc trading systems are built on this we trade against the crowd almost alwayswith our systems okay
this is one of the philosophiesthat we built our company upon now if you just study this you can look at ittime and time again you'll see that this is always the case so take this forexample i'm going to bring up this blue histogram right hereand the blue histogram shows the overall sentiment from my fx bookokay this means the overall feeling of what the retail traders or the herd isdoing if they're buying or they're selling so you can seein this first purple line here you can see that retail traders are going thatlong they're buying buying buying buying and what happens actually in the marketthe market continues to sell off sell off sell off sell up solid rightand it's interesting because it's almost exact opposite of what the herd is doingand again we'll just see it in the secondsection
we'll see this second big purple line here we see that uhprice is going up yet the net long positionsis falling meaning that now the herd is beginning to sell off sell-off sell-offsell-off and the market continues to go up up up up isn't that interesting nowif you look here you'll see that uh the third line obviously the marketbegins to come down and if you look on the blue histogramthis is where retail traders are uh you know they're continuing tobuy buy buy and so you see
this time and time againall throughout the market that almost always the herd is doing exactlyopposite of what happens to the market so simply just using this little toolcan give you a massive advantage and a massive edge in tradingokay now the second indicator is more common okayand what i learned from my partner that was a professional forex bank tradersaid most indicators are complete crapbecause it's trying to predict the top or the bottom it's trying to catch thetops and bottoms and this is what most people in the herd actually try todo and this is what most indicators are designedto show you you think about an rsi or a stochastic ormost of these indicators are trying to tell you when is a good time to buy orsell based on something being overbought oroversold and that's a huge problem now the thing that would reallybe beneficial from what i learned from different banktraders is that the banks are always trying to trade with the trend and youhear this all the time but the sad reality is most people don't actually dothis so the simple common indicator that you canuse in conjunction with the sentiment analysis is movingaverages it's really simple okay
i'll pull up a picture of movingaverages most of you guys are probably familiar with moving averages butbasically you're gonna do a slow line uh in a fast line so in this case i havethe nine ema and i have the 21 ema and this is showing the your us dollaron the four hour chart okay the fast ema is the nineema which is always going to hug the price closerand the long ema is the ema 21 which is kind of going to give a morerounded idea of what's happening in the marketso when the fast ema the 90ma is above the 21 ema or the slow ema that meansthat's in an uptrend as you can see happening here and then you can see themarket kind of has been choppier ranging right so a goodidea to put these two together is to simply lookat
where can i find a trend right look for uh the emas that have separated agood amount of space okay and it doesn't matter if you use the 9 and the 21 or ifyou use you know the 9 and the 50 you know you should getyou know a similar idea of what's happening if there'sactually a trend forming in the market so the whole idea behindhow the smart money trades is they get behind these long moving trendsand when they do they continue to rile up their positions and they're tradingagainst the crowd okay they're trading contra crowds so if you just use thesetwo things in conjunction with whatever forex tradestrategy that you're actually using then you're gonna have a massive massive edgeagain if you'd like to see this more in depth and hear the real secrets behind aforex bank trader and how they think then we wrote this bookcalled edge trading secrets the unspoken laws of a forex bank trader it's
amazingit's so insightful like i highly recommend you guys read ityou can download it for free on our site blueedgefinancial.comand i promise you it's gonna be the best thing that you've ever done for yourtrading career so hopefully this was helpful if thiswas helpful would you give us a like would you also subscribe to the channelturn on the post notifications and also let me know in the comments belowwhat indicators are you using and does this make you think differentlyabout your trading i'd love to hear from you in the comments here below okay withthat being said a couple videos should pop up here where you can see otherstuff on our channel that's all made to help create your make yourtrading experience elf easy lucrative and fun
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