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Indicators are useless
Membre depuis Mar 17, 2021
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Membre depuis Jul 20, 2020
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Membre depuis Jun 14, 2021
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Membre depuis Jun 12, 2021
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Membre depuis Sep 01, 2021
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Sep 01, 2021 at 12:01
Membre depuis Jul 02, 2020
posts 21
Do NOT use indicators to predict price movement, but use all indicators you find useful to understand/see things more clearly and to confirm your BIAS of movement.
Then look for price action signals to determine entry positions and there you go!
Then look for price action signals to determine entry positions and there you go!
Sep 02, 2021 at 06:34
Membre depuis Dec 09, 2013
posts 139
Nutty32 posted:I have stopped using indicator since 2017. I only use Price Action, Candle Stick pattern, Fibonacci retracement. I agree on the note that indicators do not work in the Forex market. Some traders may know how to make them work. However, I could not find out how to make them work for me though.
No more indicators. They don' work.
Now, just looking at 'cycle' waves that are up/down.
$4 to $100 goal.
Sep 04, 2021 at 05:56
Membre depuis Jul 19, 2020
posts 751
@Tradextol People depend on indicators because that's how they been taught forex trading. They do not try to do anything new to improve their skills.
Membre depuis Jun 14, 2021
posts 28
Sep 06, 2021 at 10:27
Membre depuis Jun 14, 2021
posts 28
Indicators are not completely useless, they can really help you in making the right trading decision. I think in trading, it all boils down to the fact that everyone has their own preferences. Some find one tool easy to use and others find some other tool easy. It is much about how well you use a tool rather than how useful a tool is.
Sep 12, 2021 at 23:35
Membre depuis Apr 03, 2021
posts 470
There is so many indicators in forex business, its created by a different expert, so each indicator has own advantage and disadvantage this is not useless creation, because help some traders to make decision trading, but indeed not all indicator are good, there are indicator repaint and no repaint, repaint indicator look perfect in history, but in real trading, sometimes giving a false signal.
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