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Nutty32
Aug 30 2021 at 07:07
3 โพสต์
No more indicators. They don' work.

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

$4 to $100 goal.
SteveHanks
Aug 30 2021 at 08:38
536 โพสต์
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 2021 at 08:57
3 โพสต์
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 2021 at 01:25
788 โพสต์
I do very little work with indicators. The indicator provides a much slower signal. I work with price action.
CraigMcG2020
Aug 31 2021 at 06:53
324 โพสต์
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 2021 at 18:05
20 โพสต์
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 2021 at 07:21
28 โพสต์
@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 2021 at 08:43
113 โพสต์
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 2021 at 11:02
939 โพสต์
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 2021 at 11:27
9 โพสต์
I like ATR that is a good indicator. Not to make trading decisions but to stop you going into markets that are 'dead'
WimConrad
Sep 01 2021 at 12:01
18 โพสต์
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!
Karlos Fandango (Smith2525)
Sep 02 2021 at 05:40
82 โพสต์
I disagree, they are very useful tools. However, don't rely on one alone and use in conjunction with risk management.
It's about the wins outweighing the losses!
sharabela
Sep 02 2021 at 06:34
94 โพสต์
Nutty32 posted:
No more indicators. They don' work.

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

$4 to $100 goal.
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.
RobertFerrari
Sep 02 2021 at 07:07
375 โพสต์
WimConrad posted:
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!
But sometimes indicator helps a lot.
Tradextol
Sep 03 2021 at 06:26
57 โพสต์
I don't know why most of the traders rely on indicators, they are utterly useless especially when it comes to determining the price movement. It's been almost a year since i haven't been using them and solely relying on price action.
AliaDare
Sep 04 2021 at 01:21
788 โพสต์
necolesilvers posted:
@AliaDare I also like to work with the price action. These, I feel, are the least lagging among the bunch of other trading tools.
Price action and patience is a very important issue in trading.
UweMoench
Sep 04 2021 at 05:56
751 โพสต์
@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.
Unellene
Sep 04 2021 at 16:01
283 โพสต์
then you used the indicators incorrectly, if you have such an opinion
necolesilvers
Sep 06 2021 at 10:27
28 โพสต์
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.
UweMoench
Sep 06 2021 at 11:12
751 โพสต์
Indicators are not completely useless
 It can be helpful if we can set the parameters properly. Default parameters do not work all the time.
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