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Indicators are reliable but

Akasuki
Jun 20 at 11:49
244 posts
To find the right indicator, it needs a lot of trail and experiments. An indicator working for me does not mean it will work for you. You have to find it out in a hard way.

forex_trader_[2237169]
Jun 20 at 12:05
36 posts
Akasuki posted:
To find the right indicator, it needs a lot of trail and experiments. An indicator working for me does not mean it will work for you. You have to find it out in a hard way.

If you ever get confused on the right indicator, the stick to support and resistance and pivot, make sure to master it and you are good too for profits.

tediousbissa
Jun 23 at 12:48
18 posts
But they are not a sure shot signal. It's best to use your own logic for cross check before going forward with indicator signals for forex decisions.

RobSchiz
Jun 23 at 18:14
304 posts
StrategyCapitals posted:
Akasuki posted:
To find the right indicator, it needs a lot of trail and experiments. An indicator working for me does not mean it will work for you. You have to find it out in a hard way.

If you ever get confused on the right indicator, the stick to support and resistance and pivot, make sure to master it and you are good too for profits.

Finding the right indicator is the toughest thing in this market.

franklinmckinney
Jun 24 at 03:50
10 posts
They work based on algorithms and patterns. So it's a yes that they are not affected by human emotions. On the other hand, they can’t look out for market fluctuations. Always combine your predictions with indicators to correlate the market trends.

jonathandaniel
Jun 29 at 08:08
18 posts
Indicators, bots, tools and everything that helps traders for market predictions and making profits will work effectively only when the trader knows how to use them efficiently. There are many indicator systems available and the trader should know which one he is looking for in his trading method.

Elena Triston (ele020)
Jun 30 at 05:38
219 posts
Blind use of any indicators is bad.. First a trader needs to understand the working, and how to interpret the results of an indicator.

The more your practice, the more you learn.
thespreader
Jun 30 at 09:16
13 posts
Yeah, without knowing the significance of indicator you can't trade well.

Akasuki
Jun 30 at 10:46
244 posts
Price action with the combination of indicator can a good trading strategy. But you need to find the right indicators that you understand the most.

AliaDare
Jun 30 at 16:44
575 posts
SofieAndreasen posted:
AliaDare posted:
The signal of the indicator is reliable but very slow. This is why trading signals are available after losing a lot of moves.

Don’t solo rely on indicators. Try to read practice action also.

I use some indicators. Which gives me a lot of good returns. For example, MCDI, Moving Average, vwap, etc. help me a lot.

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