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do so sir, forex trading market is a lot of type and variety and range of strategies that each trader has their own style in carrying out any trade that lived there who like to use indicators and some are not using indicatorsQuote:
Originally Posted by jakir0079
Stocks and commodities cycle. Created index channel goods (CCI) without Lambert. It is used to detect when cycles begin and end. Thus, it has been used on a large scale buying and selling signal generator for both stocks and commodities.
Even experienced observer knows that the show periodic inventories and moving patterns of behavior. Obviously, traders want to buy shares at the time when it starts early in the trend and sell early when that trend comes to an end. Can Chamber of Commerce and Industry to be of great help in detecting these changes direction. It examines current prices in the light of past prices without using any weighting factors that would artificially distort the raw data. For example, it uses the simple average instead of penalties in the data over one end of the measurement period (as in the weighted average transfer or exponential moving average). Compared to current prices for the simple moving average also provide a reference point is moving (always that it reflects current conditions without biasing it). Equation for the Chamber of Commerce and Industry has a denominator that adjusts to reflect the change in prices. This divisor is smaller when the stock is moving (when the stock exhibits less variability), and greater penetration when it happens (when the volatility of stock exhibits large). Thus, it reflects both the volatility of prices and price patterns. In the field of statistics, these numbers are called "Measuring the contrast.
do so sir, forex trading market is a lot of type and variety and range of strategies that each trader has their own style in carrying out any trade that lived there who like to use indicators and some are not using indicatorsQuote:
Originally Posted by jakir0079
Couple of years ago, I did some forex with local bank, with real money but no leverage. I just watched the candlesticks in overall image, and did the trade according to the trend, without analyzing anything, and consequently I didn't gain that often, I did try to read some articles but got lazy after some days so I used to trade without referring any professional or technical method. I didn't make any profit at all, but fortunately it was with no leverage so I was sort of okay, and kept some Euro in the balance and didn't trade any more. Now I am thinking to start the game again, but treat it more seriously, since I am reading and practicing through demo account, I'll do the real trades when I'm ready.
without the use of our indicators like the middle of the forest without knowing where to be home and without a guide, so we're going to err, it's important indicator not only beginners but also experts also need indicatorsQuote:
Originally Posted by abdillahikbal
Indicators help as a guide if you know how to use the indicator. Some indicators work up to 80% accurate as long as no news comes up to distort the reading. I think that all traders trade with indicator because even the candlesticks act as indicator in forex technical analysis.Quote:
Originally Posted by Alam
To find the direction of price movements are not necessary indicators seslalu. There have been many professional traders who make decisions to buy or sell without the use of indicators MT4 installed on it. Because they already understand and know about the character of the currency pairs traded.Quote:
Originally Posted by susanto
I guess you took Candlestick like something exact; if it is this then you do a, if that you do b. See, Candlestick is more of an art than science. For example, formation known as harami doesn't always formed as you see in the books. You just have to use your intuition to know whether the formation you see is good enough to be considered a harami or not.Quote:
Originally Posted by happyrichyyy
My question is that .... why not we can trade but indicators show us the histroy of the pair what is was before .... and i reckon trading without a indicator would be a big essay as you dont see how overmuch the market was moved since you where not there on your pc
The main indicators of relief that almost all traders use them for trading success, although not at all follow, but this remains to be considered in determining the planning and develop trading systems will be done, it could be an indicator may not be fully used but still in need as considerQuote:
Originally Posted by sripanut