Most of the traders are trade using a state-of-art trading indicator such as MACD which usually customize to their needs. Would not discuss the types or indicators and how to use as very subjective to the objective and the trading strategies.

Preferred to trade based on news releases (please refer to the ‘Resources’ tab) for Forex Calendar on news releases. The most profitable trade is during the release of ‘non farm payroll’ release by US every first Friday of the month. The pips can be significantly jump between 50 to 100 pips after the release