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It is very easy to trade without indicator but you must have to look for the fundamentals of the market from time to time as you can decide where you have to place your trade. So use technical and the fundamentals when you do not have to use indicator for your forex trading.
Without the use of signs, I think we will business a clutter, as you can think about yourself, how difficult we look at the information that is so complex when without using indicator. I think, a very huge individual use signs by each investor in Currency trading.
Hello
i dont know maybe some proffesional de..but for me it is gambling to trade without indicators how you will know the deraction of the market
Forex can be traded without indicators, it simply focus on following the price, that is what forex is, your indicators move with price action.. Why trade with indicators when the market itself is a data.. For example if you learn candlesticks pattern, then you will know any reversal point.. Based on this information, you can place a reverse trend position..
There are some professional traders never use indicators.They analyze the market in their own way.They also use forex news for trading decision.This types of traders also gain success in this market.But for newbie it's better to use indicators.
Sure you can but we need indicators to help for trading and Because The indicators is built to help us so why we do not use it although we still get trade without them? And only depends to the chart or candlestick ...? Every traders do not know them well with, so in this cases, Do not complicate yourself if there is a good way .[COLOR="Silver"]
yeah, trading without indicators is very profitable if we can do it with good. i ussualy do it with candlestick pattern and chart pattern.
yes you can trade without indicator,
using only candle stick chart.
it is called naked trading. which is oldest method of trading
Yes, and naked trading is the most effective trading strategies to earn money in this bussiness for me personally, because I am a naked trader too and I love this methods, we even don't need any indicatots in our chart.Quote:
Originally Posted by bilalpakistan
yes we can trade without indicator,but we know that indicator is a very important part of forex trading .because there are many indicator in the forex market which gives us single over bought /over sell position ,some indicator gives me breakout single etc.so using indicator we can i identify current trade situation which is very helpful for a trader.if we trade without indicator we can call it naked trade.