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Thread: How important the use of indicators in your trading?

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    Senior Member ponss is an unknown quantity at this point ponss's Avatar
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    Quote Originally Posted by joget View Post
    The use of indicators in forex trading can help traders to analyze and predict the likely direction of the next price movement.
    However, the use of indicators can also make traders more hesitant to act so wrong in taking decisions -- This generally occurs because traders are yet to know more about the characteristics or habits of the indicators he uses.

    what your opinion about that?
    I always use the indicators in every time I make a trade. because the indicator is triggered me to do the transaction. but if I had to trade without any indicators I can, because I am already familiar with the concept of forex trading. if we already understand the concept of the forex, then we will be able to generate profit without indicators.

    Instaforex best broker!

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    Member m16kamran is on a distinguished road m16kamran's Avatar
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    indicators are used in trading to be secure and earn a good profit . but i think it is not so much important to use them in their trades. i make my own analysis , tha make a plan about my analyses , and apply it .

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    agree gamn how we do in the absence of indicators with the indicators we can arrange and place a trade in accordance with the wishes that we do to the use of indicators in the trade is essential

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Banned naziakhan has a spectacular aura about naziakhan has a spectacular aura about naziakhan's Avatar
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    Quote Originally Posted by decky View Post
    I think indicator can be compared with the eyes of a man. It gives the direction on which way the market trend goes. I use indicator for my trading. There are many indicators available for trading so you should pick up the right one.
    yes , it give us the information about the trend of forex market and we can earn good money by trading in that trend but it does not give us good information always , some time it give false information also and we can lose money .

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Banned Muylonely is an unknown quantity at this point Muylonely's Avatar
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    one important thing, indicators must indicate the same trend in all TF, or few TF depend on your strategy. is it long terim or short. if you intend to take a short trade, then look at the TF1, TF5 adnd TF15. etc.. if any of them indicate different trend each other, you should wait and see until it goes the same way

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Senior Member asadz is an unknown quantity at this point asadz's Avatar
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    I have to make analysis for the price and see the true trend so i can put the order at the right track before make decision i have to sure for what i will do and if i feel hesitant for it i prefer to wait just for a while with indicator we can easily get lot of information about market for making analysis.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    a application that truly makes it easier to choose the condition of industry and also examine movements. as it is a great signal is definitely one factor that may be essential for the buy and sell, also as working simply make use of technical analysis. yet I see there are a few dealers who also tend it.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    i think indicator is important for the trader who like to use indicator. but for me, a trader who dont use any indicator, indicator become not important at all in my trading

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Senior Member decky is an unknown quantity at this point decky's Avatar
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    I think indicator can be compared with the eyes of a man. It gives the direction on which way the market trend goes. I use indicator for my trading. There are many indicators available for trading so you should pick up the right one.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    It is good to use the indicators for the forex trading as they can give you good signal for the trading and you can easily trade on that signal and make good profit but you must have to always confirm the signal first.
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