How to Become a Profitable Trader?

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  1. In an earlier unit, oscillators were described as “leading indicators.” However, a couple times now, including this unit, it’s said that “price action” is the only leading indicator. Is there a discrepancy?

    • Hey Lynndal,

      Great question. Let me explain a little more.

      In earlier unit, I was describing the TYPES of Technical Indicators – mainly Leading Vs Lagging. Hence, oscillators are categorised as the leader between the two.

      In this section, Price Action is described as an advance SIGNAL (as opposed to a leading Technical Indicator) and it is superior compared to ANY type of indicators.

      Hope that make sense?

      Alwin

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