Indicators vs Price action.

[lockprofitfx]

here is no harm in using the indicator, as long as we understand how to use the indicator, but we need to understand the basis of why the price could go up first and why could come down and I think all of that is reflected in the indicator called the price itself. all the information available in the market is reflected in the price

[kuddusali]

History repeats itself, is at the base of my own does not work always apply in Forex, where I notice that the indicators tracking prices. Always trailing timely deal. earn money if they are now the better way to earn i think indicators help traders job.

[sracer86]

Indicators are helpful for getting signal about trading,but a forex trader should not fully depend on indicators because all the times these don't provide the accurate signals or if provide it takes some delay which is very dangerous for trading.It's better for a trader to trade by analyzing the chart and read the news.He can take help from some dependable indicators,but not from all.

[vickymughal]

Trading without indicators is a good strategy if you can recognise the candlestick patterns, using trendlines and chart patterns. But it is necessary to use indicators so as to be able to know when a trend is about to reverse and to determine the strenght of a trend.

[mcceducation]

yes your thinking is nice, the indicator just make our trading more complicated. Because of that we must just follow one strategy or indicator. Price action strategy is the best i think. Because we are try to read about the price movement behavior. that was not easy, but very worth to learn. but i was try to use only price action system. it was the best strategy i think. we are know, There is too many indicator on metatrader, but if we are do not understand how to use it, so many thanks for the share.

[joshim200]

Dear sir, I think that the main base upon which most indicators are base, History repeats itself, is at the base of my own work always apply in Forex trade, where I notice that the indicators tracking prices. Always trailing timely deal Forex.

Thanks
Joshim

[imrankhan]

If the profit needed to make this trade acceptable is $8,000, that would be a risk/reward ratio of 2:1 ($8,000:$4,000). As can be seen, by using a defined trading system and a money management system, the trader can seek to mitigate issue surrounding trading psychology...

[nida1]

nice thread to reply , i think price action is more useful for us to read the trend of the market movement , and once we able to read it accurately then we can earn our desired amount of money from the forex trading

[amit khanna]

thanks for telling about importance of indicators,they are mainly based on the fact, history repeats itself"hence, study of price movement,technical charts really helps to study the market.one should devote time and try to understand them,which are of great help.

[tarin1]

I think forex is a good job.I think that the main base upon which most indicators are base: History repeats itself, is at the base of my own does not work always apply in Forex, where I notice that the indicators tracking prices. Always trailing timely deal.Good luck................................