How important the use of indicators in your trading?

[cozard007]

Well, as far as i am concerned, indicators has truly being my trading strength, by them i have deviced and formed many trading strategies that are really working for me till date.

[mojcris]

I usually trade based on support and resistance lines and trendslines , after that I try to get provements from candlesticks patterns, the use of indicators is after all them , I usually use RSI and stocksticks to enter my positions.

[sad]

indicators are not vital for me and not essential in my trades, i can trade without using them
because technical analysis is the main and indicators can't replace it
they can give you a signal about the best entry you use if your analysis was right
and even it may be false signal, so they are not much reliable

[hanna]

Indicator means which can indicate you some information some time right and some time wrong.But indicator analysis can give you a strong signal.So we do not depend one indicator.
Indicator give a string signal in the long time frame.

[aum]

agar app ko indicator chiya hain tu app ko chiya kay app is karain kay app indicators download karah lain aur app jo hai us ko install karah lain aur us kay baad app use karah lain us ko.

[subashbks]

indicator plays a major role in one's success . . . Most of the times it could be true.. But not always . . . With the help of indicator we can predict the movement and we can place a buy or sell order with more confidence with the help of indicator.. So i think its very essential part of forex..

[fatema]

Question how important the use of indicators in your trading?

The use of indicators in forex trading can help traders to analyze and predict the likely direction of the next price movement.
However, the use of indicators can also make traders more hesitant to act so wrong in taking decisions -- This generally occurs because traders are yet to know more about the characteristics or habits of the indicators he uses.

what your opinion about that?

i think its the main key to profit. if trader cant use any indicator, i am sure that its will be to much critical to earn money. only one indicator can help you more trading. and earn more profit. we have to know about those indicator and new trader can use easy indicator first time.

[skboyra]

the indicators just give you the resistance and the support of the price of the currency from there you can take concept that what was the high and low price. but never take decision on the basis of this indicators. you just apply your own technique.

[milan]

My mark of prospect indicator is inessential in Forex trading, I guess it make bad act and it overcome your Forex occupation. I cogitate a merchandiser involve trading judgment only on the fundamental of reasoning. If his reasoning may be deplorable but day by day he give be set real thing that forbear him earn vantage in longitudinal point

[kakuly]

Question how important the use of indicators in your trading?

The use of indicators in forex trading can help traders to analyze and predict the likely direction of the next price movement.
However, the use of indicators can also make traders more hesitant to act so wrong in taking decisions -- This generally occurs because traders are yet to know more about the characteristics or habits of the indicators he uses.

what your opinion about that?

nice question friend.
indicator help us every trading time. but trader have choose to this indicator that he know properly. if trader cant under stand bands, then he must to learn. then he must success.