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Trading without indicators is called naked trading. You simply watch the chart without any helping tools to interpret it. Or you can trade base on the news. Whichever, you can make money with or without indicators. After all, indicators doesn't decide a trade result.
the term "without" means no indicators at all.. even the candle sticks?? No, i prefer use indicators, even in a small rely on that.. i use some indicators, but do not put all of my open trade only on the signal of the indicator. I also use an analysis based on the price action ..
in this business there are two techniques for analyzing the market, namely technical analysis and fundamental analysis.
A. Technical analysis for absolute beginners should use indicators, after the new adept to trade without using indicators.
2. fundamental analysis rely on news and analysis about the economic situation of a country. This analysis does not require an indicator
I think the fundamentals are tenikal and interconnected, even though we are more in control with technical analysis, we still have to learn the fundamentals, and I suppose it must master both of these things, because the fundamentals are very influential to the movement.Quote:
Originally Posted by Sri Hartono
People have different approach to open trades and not every one relies on mt4 indicators, if u got experience enough you may calculate the levels manually or you may decide base on your market watch.Quote:
Originally Posted by aun
yes, the indicators only as a tool to help us in doing the analysis. we can do the analysis without using indicators. Chandel we can make observations or follow the news to make predictions of trade...Quote:
Originally Posted by agentforex
certainly can, this is called a strategy of "trading naked", according to information that is not a lot of professional traders use indicators in forex trading, they usually just use a line trendline, and the price action on a candlestick. because they think that the chart is to show the market psychology and market sentiment.
no i dont think we can trade without indiacator..becaus indiacator is core of analysis and no one can trade perfectly with the indiacator so i think its necessary for efficient trading
nahi yar forex trading main na ham ko jo sab se ziyada aasani hoti ha na woh sirf or sirf indecators ki waja se he hoti ha kioun k ye indecators he ham ko sahi trand ka andaza detey haen or main indecator k bagher trading nahi karta hounQuote:
Originally Posted by akshay1728
That was wrong if it's impossible to trade without indicators because indicator is only tools to make good decision and we shouldn'tQuote:
Originally Posted by rahulsagar
only depend on indicators to make decision. It's important to read news which will appear to make good decision. I think you must
read more because there are some traders who is called naked traders, they could trade without using any indicators at all.