Indicators vs Price action.
Indicators is a set of statistical tools that calculate and make a statistical data about market movement for the past price.. All indicators measured past market price and can be used to predict future price.. remember that forex have history and its always showing a repetition pattern.. Indicator not always 100% precise but you can used them as a guide to speculate future move.. Im not saying that indicators have no good at all but we as a traders cannot depend on indicators alone in planning a decision.. you also need to look at price action of a chart.. the candle stick (engulfing, piercing, doji, harami, marobozu, shooting star, hammer etc.) chart pattern ( double top, double bottom, head and shoulder, flag, triangle, wedges etc.) support & ressistance and other price action strategy.. combining the indicator with some price action is the great strategy and believe me.. if you can master those things... you can smile everyday :)
If you agree with me.. then state your opinion :accute::accute: