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yes you can do trade with indicator ,basically indicators are just use to indicate the market that what will be the direction of the market in coming hour or minutes soo we may do trades with out indicator if we have a experience in it , its not easy but its not impossible too one can learn the art of trading than he can become a master and he use no indicator for trading
Today I have traded without using any indicator and I have made 10% profit and I am much happy that my method without indicator is working fine and I will test it more and then I will be saying good bye to indicators.
Of course and most importantly you can trade even more profitably than ever.. With naked trading you will be trading with basics only.. When you trade with the core then your losing ratio will decrease for sure.. Most of the traders fascinated by colorful indicators.. but the truth is most of the time you will only encounter with huge losses with them..
I agree. many traders can make profits without an indicator, they just look at the form of candle. maybe it could be done by the master trader, but, for me the indicator is a tool that is very important, and I have not been able to trade without indicators.Quote:
Originally Posted by ForexMarket
Most of the time we can cause an idea always starts from a human brain. We can apply our price action, we can make our own indicator, we can observe the chart like an eagle and also we are capable to stay in touch with this forum to get new hot news's.
Yes there are many traders that make orders or trade without using any indicators and only few of them.Mostly traders satisfies with using indicators to trade forex.
yea why not we can trade without indicators if i m exprt in trading then i can trade without indicators.but indicators play a good role in trading it help us in trading .
it is very possible to trade the forex trading market without indicators. There are a group of traders doing that and they are called naked traders. They rely on charts, trend lines and fibonacci for making their analysis. They are obviously still doing it since they are successful with it.
Tthis is mis-conception. How on earth they called candlestick is not an indicator? Candlestick is an indicator.
Trader who trade without indicator, is a trader just using price, no graphic, no nothing.
By the time a trade using graphic like candlestick or bar chart, it is categorized a trader who use an indicator.
Just look at the bank traders on 1990 and beforehand, they trade just using price, no candlestick, but still they can survive.
how about the naked trading system?
i think naked not use a indicator, that startegy just make analysis with the movement of candle..
correct me if iam wrong..