[Script Info] Title: [Events] Format: Layer, Start, End, Style, Name, MarginL, MarginR, MarginV, Effect, Text Dialogue: 0,0:00:05.99,0:00:09.47,Default,,0000,0000,0000,,Successful forex traders know\Nhow to use market indicators Dialogue: 0,0:00:09.47,0:00:13.68,Default,,0000,0000,0000,,that reveal the best time to buy,\Nor sell a forex cross rate. Dialogue: 0,0:00:13.68,0:00:16.13,Default,,0000,0000,0000,,Here are four\Nof the most popular. Dialogue: 0,0:00:16.13,0:00:18.76,Default,,0000,0000,0000,,The first one is \Na trend-following tool, Dialogue: 0,0:00:18.76,0:00:22.25,Default,,0000,0000,0000,,which suggests whether \Nto enter a long, or short position. Dialogue: 0,0:00:22.25,0:00:26.45,Default,,0000,0000,0000,,Essentially, trend-following tools\Nhelp traders recognize major trends, Dialogue: 0,0:00:26.45,0:00:30.77,Default,,0000,0000,0000,,and then profit by trading\Nin those trends' directions. Dialogue: 0,0:00:31.04,0:00:34.24,Default,,0000,0000,0000,,One method is the moving\Naverage crossover. Dialogue: 0,0:00:34.24,0:00:37.93,Default,,0000,0000,0000,,If the price of a stock climbs \Nabove its 20-day moving average, Dialogue: 0,0:00:37.93,0:00:40.07,Default,,0000,0000,0000,,it could be \Na signal to buy. Dialogue: 0,0:00:40.07,0:00:43.28,Default,,0000,0000,0000,,The second is a trend\Nconfirmation tool. Dialogue: 0,0:00:43.28,0:00:45.61,Default,,0000,0000,0000,,If it concurs with \Nthe trend-following tool, Dialogue: 0,0:00:45.61,0:00:48.44,Default,,0000,0000,0000,,a bullish sign tells a trader\Nto take a long position Dialogue: 0,0:00:48.44,0:00:50.88,Default,,0000,0000,0000,,in the currency \Npair in question. Dialogue: 0,0:00:50.88,0:00:54.71,Default,,0000,0000,0000,,A bearish sign means find \Nan opportunity to sell short. Dialogue: 0,0:00:54.71,0:00:57.29,Default,,0000,0000,0000,,The moving average \Nconvergence divergence, Dialogue: 0,0:00:57.29,0:01:01.47,Default,,0000,0000,0000,,or MAC-D is a popular \Ntrend-confirmation tool. Dialogue: 0,0:01:01.47,0:01:05.39,Default,,0000,0000,0000,,The third indicator is \Nan overbought, oversold tool. Dialogue: 0,0:01:05.39,0:01:09.55,Default,,0000,0000,0000,,Traders must decide whether to jump in\Nas soon as a clear trend is established, Dialogue: 0,0:01:09.55,0:01:13.92,Default,,0000,0000,0000,,or to wait until after a pullback\Noccurs, so they can minimize risk. Dialogue: 0,0:01:13.92,0:01:18.42,Default,,0000,0000,0000,,The three-day relative strength index\Ncan help traders make the decision. Dialogue: 0,0:01:18.42,0:01:23.82,Default,,0000,0000,0000,,The RSI calculates the total sum of up\Ndays and down days over a time period, Dialogue: 0,0:01:23.82,0:01:27.30,Default,,0000,0000,0000,,providing a value that \Nranges from 0 to 100. Dialogue: 0,0:01:27.30,0:01:31.42,Default,,0000,0000,0000,,An asset is deemed overbought\Nonce its RSI level nears 70, Dialogue: 0,0:01:31.42,0:01:34.31,Default,,0000,0000,0000,,and undervalued\Nif it nears 30. Dialogue: 0,0:01:34.31,0:01:37.52,Default,,0000,0000,0000,,And the fourth indicator\Nis a profit-taking tool. Dialogue: 0,0:01:37.52,0:01:42.96,Default,,0000,0000,0000,,An RSI that rises to 80 or more is an\Nindication that it's time to take profits. Dialogue: 0,0:01:42.96,0:01:47.98,Default,,0000,0000,0000,,Other good indicators are \NBollinger bands and a trailing stop.