Are technical indicators and charts important in your trading? Francis Hunt a technical analysis traders and coach comments. If you've found this video useful, please click the like button and share it with your friends and remember to SUBSCRIBE to remain up-to-date! ‘My rule of trading is that markets move 20% of the time fundamentally and 80% technically.’ Would you agree with this statement? I don't use many technical indicators; I do use on balance volume where equities and commodities are concerned. I don't use Bollinger Bands anymore although it can be useful. I wouldn't trade a moving average strategy; once you've been in the market for a while you should get a grasp of what the market is doing. Dow Theory is quite useful; understanding higher highs and lower lows in particular.
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