trading without indicator is like "going to office in our birth suit"
if you have the guts you can go like to office like that but it wont do any good to you.
indicators are tools to do our trades and are a must,
Printable View
trading without indicator is like "going to office in our birth suit"
if you have the guts you can go like to office like that but it wont do any good to you.
indicators are tools to do our trades and are a must,
yes dear we can trade without indicators. yes there is many methods to trade without indicators.
me also use some of the technique.. for this u most know about the candlestick pattern, price action. or about resistance and support and also u can able to know how to draw the tendline,. and resistance and support line. aand also must know the how to analysis the news. all this are including for trade with out indicators.
Its possible to trade without any indicators also. But we all know indicators are our tools to make good decisions in trading, so it will be difficult to arrive at good decision to open or close a trade without the help of indicators. So i always feel that we should use at least 3-4 indicators on our charts to do trading
I can not answer because the negotiation without meter is like "going to work in our birthday suit" if you have the guts, you can go in the office like that, but the habit is to do good to you. Indicators are tools to do our jobs and have more profit and a negotiation without the use of indicators is a more risky negotiation.
It is realistic to transaction in Forex with just the cater of trends. But using indicators leave forbear more to maturate profits. It present helpfulness us to mold the perfect instant to commence the industry so that solon profits can be attained. That is why tho' indicators are not must, it present more salutary to use one.
There are people who think differently, if you are one of them and want to try something out of order , then you can do it and get profit also. Indicators are just a piece of codes written by some traders and they generate fixed signals based on that without Intelligence. Since the market is quite dynamic , we need to use our brain as the dynamic indicator for trading signals.
I think indicators is very much helpful for small investors. Big investors can depend on various news and others economics conditions. Because in most of the cases if small investors depend on news they may very much looser. And following the indicators small investors can earn profit much from forex.