Indicators are useful but

UweMoench posted:
Indicators are useful but not the whole thing. Only charts are also very important. There is much more thing than indicator. It is the mind. Sometimes you just know it's going to work. With time you get an understanding of trading. That understanding is beyond everything.

I always try to lower lot and trade in low spread pairs are also crafts of risk management techniques. Ultimately I helps me derive a good amount of profit.

Indicators are useful but you can not depend on those alone. It is better to study the market in depth and make trades accordingly.

Boondocks posted:

HeavLeighGill26 posted:
I think indicators are useful but you shouldn't 100% rely on them to get rich. It takes a lot more than just finding successful indicators.

Indicators are not 100% reliable and should be used in combinations which will help in increasing the probability of the trade.

There's nothing 100% sure in trading after all so that's absolutely normal.

Every pair has a distinct  movement pattern and characteristics.  Although it may seem at times that they are all moving in the same direction, each pair has a unique pricing pattern and chart. If a trader can understand that it becomes more easier for him to make money.