Trading systems and indicators are just tools.

[famsin]

Yes that is very true. You cannot just blindly follow a system without understanding how and why it works. You need to know what is the best time to enter a trade, what losses to take and how will it all work. Only then can you adjust the strategy to your time, funds and preferences.

Before that you are just blindly following what another person wrote which usually results in losses. I never trade on the basis of what other people say if I don't understand why they say it.

[AmounX86]

First of all what ever the way you are trading with is considered trading strategy in simpler words it's just a routine that you follow and some rules in order not to take many wrong loosing positions and you set these rules as laws such as never trade with more than 0.1% of your capital ... never take a candle that is in its middle way and so on these are rules that you put and i say you . ... you may read what others suggest but you are the one who make a combination that will work only with you as a trading strategy in forex depends much on your personality so you can't just take a ready made strategy and apply it .... you need to make some improvements or in other words some tweaks so as to make it work with you

[shuaib789]

yes bro both are imortant for treading or ye bht useful bhi hai hamay ye bht profit deta hai ye hamare lye bht acha business hai hum apne frends se bhi is forum ke baray me share kerta ho ke ap bhi join kro is famouse business ko ........

[sehar6]

yes You cannot just blindly follow a system without understanding how and why it works. You need to know what is the best time to enter a trade, what losses to take and how will it all work. Only then can you adjust the strategy to your time, funds

[fahad4]

yes dear forex trading aik system hai our indicators just aik tools hain jin ki help se traders ko idea hota hai ke market ki next movement kiya ho ge.aik trader 100% indicators par depond kr ke forex tradingnai kr skta hai.lakin kabhi kabhi forex indicators ka idea bilkul set hota hai our is se traders kafi profit earn krte hain.

[sm4sh]

How are you able to identify trends using Fibonacci indicator? It is used to find retracement levels and in your language, points of supports and resistances and I only makes some trades based on the feelings but But you should also confirm the direction with other indicators till We can make a successful trading system if we use indicators in combination with each other's let alone market technical analysis we must be needed the help of indicator., 'without indicator it is not possible to making a perfect t.

[rajaforex]

Sometimes eg RSI goes up and is around 50 but trend suddenly reverses say at 11 therefore because all the indicators are the derivative from the price while There are many indicators which are best for Forex but mostly traders used RSI indicator that i think buffet or soros never use any kind of indicators because they are business man, they never trade by the laptop displays.

[goodboye]

i think indicators just tools nahi hain balkay hum jab chart ko technical tariqay say dekhten hain tu indicators hamari kafi help karten hain hum kisi bhi aik indicator ko choose kar kay more pips easily gain kar sakten hain indicators ki madad say trend ko easily follow kia ja sakta hai.

[nyolongpips]

I think the best forex indicator is support and resistance that is How we trade to forex market it deals with that till The best indicator is one that you know how it works inside out as if and maybe if you wanted a good indicator of just look in the forum and on google there a lot of good indicators of detail with how to use it and my favorite indicators are moving average bollinger band so An indicator is very helpful and very important element of forex business.

[shinchan]

All indicators have its own way to use every trader use indicator in own style the indicators also use different in different time frame accordingly But these two can also give false signal sometimes so I only have to rely on my instinct from time to time that These indicators are used across time frames and currency pairs that is There are a lot of indicator in the Forex market in fact I use the trendline to analyze market trend for medium term. Using the trendline is very simple, drag for bottom area to above areas, also for down trend.