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Can we trade without indicators???

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  • 2012-10-31 01:22 PM
    babayuyu
    Its possible you trade without the use of indicators and still earn a profit. Usually done by traders who use scalping techniques, trading quickly and close the deal sooner. Alert is used only to read candlestick shape and targeting small pips about 3-5 pips.
  • 2012-10-31 01:32 PM
    FREEDOM
    Quote:

    Originally Posted by saisob1 View Post
    i heard about this trading style using naked chart, but not sure whether it really works or not or how much profit they can can actually get monthly...some of them claim can get more than 100% per month, not sure whether true or not....unless they show their live account right in front of me.

    Hi pal, please trust me it is really works on naked chart, in other words it works without indicators. You just need candlestick, trendlines, fibonacci, or RnS lines.
    Below is the example chart i used everyday and from the chart you can see how the price respect with the fibo lines, trendlines and SnR lines.:)))

    Spoiler Spoiler:
    http://i.imgur.com/62VtJ.gif
  • 2012-10-31 02:44 PM
    enter
    Quote:

    Originally Posted by babayuyu View Post
    Its possible you trade without the use of indicators and still earn a profit. Usually done by traders who use scalping techniques, trading quickly and close the deal sooner. Alert is used only to read candlestick shape and targeting small pips about 3-5 pips.

    many type or style on make the trading on the forex is also do not use the indicator, just see that which the trader want to choose it, using the indicator is not necessary for all the trader, because some professional trader is not using it too
  • 2012-10-31 03:22 PM
    aquddus
    It is must possible that the Forex market trading without indicators. There is a group of traders to do it, and they were called naked merchants. They rely on the charts, trend lines and Fibonacci to do the analysis. They are still, of course, do so because they are successful with it.
  • 2012-10-31 03:28 PM
    FREEDOM
    At began i am also hard to believe for trading without indicators but after i found a naked lesson so i believe it then practice it very hard till to date. Now, i can trading without any indicators on my chart, and this is very and really works.
  • 2012-10-31 03:39 PM
    chamseddine89
    I see that the indicators is only as a guides directions of the prices when it will run.The up or the down. for a beginner like me the used of the indicators is very important in my trading so as not to get stucks where prices will go really !!
  • 2012-11-03 07:10 PM
    dareking
    Quote:

    Originally Posted by chamseddine89 View Post
    I see that the indicators is only as a guides directions of the prices when it will run.The up or the down. for a beginner like me the used of the indicators is very important in my trading so as not to get stucks where prices will go really !!

    bhai ye baat sahi hai, beginner ka jayda vishwaas indicator par hota hai, lekin jaise jaise wo knowledge leta rahta hai, aur market ke bare mein janne lag jata hai, to kafi trader indicator ka use karna chor dete hai, naked trading aur price action jaisi trading pasand karne lag jate hai.:)
  • 2012-11-03 07:22 PM
    rashedul
    Its practical to exchange without any indicators also. But we all copulate indicators are our tools to represent healthy decisions in trading, so it give be catchy to come at advantageous judgement to agaze or move a class without the ameliorate of indicators. So i e'er comprehend that we should use at littlest
  • 2012-11-03 08:25 PM
    bhagawanta
    yup!there are many trader using indicators to guide and help them to makes a better decision when to buy or sell..but there are many traders that didnt want to use the indicators to trades,they choose to analyse the chart manualy..so,i think its deppend on each trader to use the indicators or not!!goodluck!
  • 2012-11-03 08:29 PM
    veertiwari
    yes ,agar indicatars na rahe to vi trading hogi q,ki analaisis duara international good economy milte hai aisa nehi indicators koi kam ke nehi u se vi bahut sahayata milta hai .
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