Yes it is possible to trade without using any indicator.We must trade according to fundamental analysis.News can give us the correct prediction of market movement.Its impact decides the profitability red color news are most profitable.
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Yes it is possible to trade without using any indicator.We must trade according to fundamental analysis.News can give us the correct prediction of market movement.Its impact decides the profitability red color news are most profitable.
I find that some traders are trading without indicators using only the trends and support/resistance levels, therefore, using indicators helps a lot especially for scalpers even day trading too. In my opinion i advice to use at least 2-3 indicators per chartes !!!
Mybe you can trades by looking candles....you can determine the market's movement in the candles. You can study as long shadow candle etc.. It will make you more easily open the OP in the markets !!
I can't trade without indicators. I largely depends on indicators at the time of trading. Indicators helps me to understand the market trend. I also use fundamental news besides the indicators. But without indicators i can't think of trading in Forex.
Certainly the best trading is a combination of technical analysis and fundamental analysis but besides that there are many people may not need to use the indicator that can still make good profits !!
no friend,i think that indicators are the guideline of forex business,and withou indicators we will not be able to get the market movemtnes.as well as we have to trade in our real account without any perfect decision of forex market.Quote:
Originally Posted by akshay1728
The Indicators are not commended for any traders in forex markets which can give them must profit from trade.They can make profit from trade easily with their analysis.They can use their technical strategies in trade to win trades and make profites !!
ji haan .. hum without indicators ke trade kar sakte hain. iske liye app ko only chart follow karne padenge. best hoga ki app candle stick ko follow kare. aur candle stick main .. support , resistance and doji. hammer, yeh sab pattern par jyada dhyan de.. to app easily trade kar sakte hain.
I think it will be too tough call for newbies like me. Trade without indicators is one kind of gambling, i think so. Or those who have huge experiences in this market, only they can trade without indicators.
new user ke liye indicators bohot kaam dete hai. but indicators bina hi trade karna achha hai. agar aap news trade karna sikhe to aapko indicators ka koi jarurat nehi hoga.