Market Sentiment Indicators

Channel forex trading strategies are very popular among traders. This fact is because the channel within which the quotes move is regularly formed on any instrument, any time frame, and can be used in a variety of ways (breakout strategy, rebound strategy, etc.) as a ready-made trading tactic.

Technical indicators are a quality alternative to manual chart analysis. They can make complex calculations and give ready-made signals for placing trades. One of the most effective and qualitative tools is indicators, based on the theory of Gann. They show important price levels, trend reversal points, and trend direction and give a lot of other useful information. With their help, you can find the most profitable points for setting Stop Loss and Take Profit.  

Virtually every trader is constantly on the lookout for something that would give an extra edge in the market or a new opportunity to outbid that market. The search can consist of a careful analysis of price charts and the financial condition of a company. Traders and investors are trying to find some elusive thing that is not available to other market participants and which would be their Grail of successful trading.