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in forex trading business it is not easy to trade without indicators. for trade without indicators in this forex trading business we all forex traders have to learn all about naked forex trading and practice more and more on it to get the experience in this naked trading strategy.
I think we must can trade without indicators . But if you have enough knowledge and experience then you can must trade without indicators . But for one newbie this is not possible to trade with safe .
Naked trading is a form of trading without indicators, it is really a good trading style and technique that basis of price action and other technical studies. A trader who have better understanding of price action techniques and good have on chart analysis should go for naked trading.
For em I will be never make any good profit without indicator. Because indicator can help me for getting right trend line. I think nobody can't make good profit without indicators really !!
i can't don't use indicators because it's what help me to understand market movement then i decide i will buy or sell and anyone don't used indicators i think he depend on luck only and that's can't success in forex
Not all merchants will have difficulty without using indicators. because I think when we understand the character of the market movement, with no use of indicators would still be able to analyze properly. because I have read the trading strategies of dealers who are experts, they trade without the use of indicators, I believe because they have understood the character of the market very well.Quote:
Originally Posted by nins
hmm, a bit difficult as well if it's really just a chart display alias naked wrote especially if it's not shaped candlestick chart or bar-chart ..Quote:
Originally Posted by akshay1728
at least they can be assisted by non-indicators such as lines (trend line, horizontal line) and fibonacci.
I think to trade without indicators can only be done by people who have berpengalamandalam berdangan, because no indicator we can not know the trade situation effectively and it will be difficult to trade.
It is possible to trade in forex with just the help of trends. But using indicators will help more to make profits. It will help us to determine the perfect time to enter the market.
I never use any indicators except some times when i want to test those, and what i use is 5-15 minute chart and that just work as a good indicator for me, i think once we get expeirenced we never need help indicators.