What will happen if there's no indicator in Forex trading? - page 2
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Indicator are not necessary for trading .Traders can analyse market with charts and market watch . Some people say indicators misguide traders they cannot improves skills if they totally depend on indicators. Trading without indicators is good for them to work with market.
Indicator are not necessary for trading .Traders can analyse market with charts and market watch . Some people say indicators misguide traders they cannot improves skills if they totally depend on indicators. Trading without indicators is good for them to work with market.
In forex, we must have good skill in forex. And we also must have good psychology in forex trading. Trade without indicator will not make us get more maximal result in forex. At least, if we use indicator for trading, we will get better result.Forex forexcast, forex news from broker also should be maximized
If there are no indicators in forex trading then trading forex wouldn’t have been more difficult and harder; because it is the indicators that tell about trends supports and resistance and the general direction of prize.
Symptoms usually are not the required section of foreign currency trading. they're simply a aiding application to get development. they're not really distinct into their studying investors must not absolutely depend on indicators. In case there was no indicator I am going to simply view stock chart to get industry activity. A lot of the authorities perform nude exchanging without indicators.
Nothing significant. Traders will continue to lose the same way as before since they mostly use indicators the wrong way
...trade Candlestick Patterns..some say they are more accurate..especially on daily, 4h charts
...trade Candlestick Patterns..some say they are more accurate..especially on daily, 4h charts
The problem with patterns is that there are 100's and then when none of those 100's does not fit, then it is a "new pattern". Not exactly an exact identificator
On YT an "expert" said: 'Don't use indicators.' A few sentences later he said, a SMA would be good to see, what trend it is. Contradiction or part of a technical analysis? Where is the differentiation then. Patterns, trendlines, Murray and Pivot. Some professionals use indicators, some call them technical analysis tools and so on and blabla...
Without indicators in FX this forum wouldn't be what it is. Many other sites where useless. And real experts would say, that you must find your own style to become also an expert. They can show you his way, but this can only be for your first or a few later steps. This you learn by doing martial arts for some years (but no, do not compare it with forex)
If there is no any indicator in forex, i think, we will not get maximal result here. As a trader, we must know that forex risk risky business. Trader must be able to minimize the risk, understand market. But surely, it is not easy thing. And we also need indicator to be more understand market forex.