Hello my friends,Forex is business,  but you can earn 1.23456  million $

True or false, all technical indicators are lagging?

The answer – mostly true. It all depends on how you define the term, “technical indicator”. If you are thinking of indicators such as moving averages, MACD or RSI, then yes, these are all lagging indicators as they are based on past price action.

But what if I told you that in certain market conditions, there is such a thing as a leading indicator. While it may not get labeled as a conventional technical indicator, it certainly is an indicator in the true sense of the word.

This is not an indicator that will tell you when to buy or sell or even when to take profit. Instead, think of it as a strong hint on when to be bullish or bearish on a particular basket of currencies.

Which basket, exactly? The Japanese yen crosses.

In this lesson we will discuss a very simple way to formulate a bullish or bearish bias for the yen crosses which in turn will help you time your entries and take advantage of opportunities with huge potential.

We will define the terms “risk on” and “risk off” and also look at how this change in sentiment impacts the yen crosses and how you can capitalize on it.