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Indicators are useless

Nutty32
Aug 30 at 07:07
3 Posts
No more indicators. They don' work.

Now, just looking at 'cycle' waves that are up/down.

$4 to $100 goal.

SteveHanks
Aug 30 at 08:38
450 Posts
Nutty32 posted:
No more indicators. They don' work.

Now, just looking at 'cycle' waves that are up/down.

$4 to $100 goal.

Yes. Most of the indicators are useless.

Nutty32
Aug 30 at 08:57
3 Posts
SteveHanks posted:
Nutty32 posted:
No more indicators. They don' work.


Yes. Most of the indicators are useless.


It used to be that Elliot Waves were real popular. Now it seems most have abandoned that also.

AliaDare
Aug 31 at 01:25
682 Posts
I do very little work with indicators. The indicator provides a much slower signal. I work with price action.

CraigMcG2020
Aug 31 at 06:53
162 Posts
Indicators are lagging for the most part and that means the edge you get from the diminishes sharply. It is hard to gauge in different market conditions too what some may do

Frionson
Aug 31 at 18:05
16 Posts
Indicators are useless if you don't know how to use them. Surely, you shouldn't ground your decisions on the indicators solely. They should be only a part of your strategy.

necolesilvers
Sep 01 at 07:21
28 Posts
@AliaDare I also like to work with the price action. These, I feel, are the least lagging among the bunch of other trading tools.

AndrewMcCalam54
Sep 01 at 08:43
41 Posts
sometimes most of the indicators works to fail because there is no one who can predict the real faction of this market with certainly and there is nothing 100%.

croisssan
Sep 01 at 11:02
485 Posts
If the indicators are of high quality, then this is a really big plus. Thanks to this, you can make pretty good money.

cranberrythekid
Sep 01 at 11:27
9 Posts
I like ATR that is a good indicator. Not to make trading decisions but to stop you going into markets that are 'dead'

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