Forex Zone - Forex Forum

2 Weaknesses of technical analysis

Discussion started on Forex Education

  • Sr. Member
  • Posts: 358
  • Points: 56105
  • Likes Received: 10
  • Reputation: +1/-1
technical weaknesses are usually associated with false signals or related to accuracy due to the use of the indicator itself, but the weaknesses are actually very basic.
#31 - June 30, 2020, 06:25:41 PM

  • Sr. Member
  • Posts: 436
  • Points: 19608
  • Likes Received: 5
  • Reputation: +1/-0
any analysis in my opinion must have weaknesses even analysis of market sentiments which is said to be claimed to be the most accurate also has weaknesses let alone only technical indicators that are repaint in the market.
#32 - July 02, 2020, 06:33:19 PM

  • Sr. Member
  • Posts: 426
  • Points: 51533
  • Likes Received: 7
  • Reputation: +0/-0
Technical analysis does each have weaknesses, but it is the task of a trader, especially a technicalist, to patch up the deficiencies in any analysis or technical indicators used.
#33 - August 19, 2020, 03:55:13 AM

  • Sr. Member
  • Posts: 449
  • Points: 45319
  • Likes Received: 14
  • Reputation: +1/-0
Technical analysis has weaknesses in terms of repaints and false signals, especially if we don't master these indicators well so we don't know the weaknesses of these indicators.
#34 - August 19, 2020, 04:52:06 PM

  • Sr. Member
  • Posts: 433
  • Points: 69385
  • Likes Received: 8
  • Reputation: +0/-0
Technical indicators do have 2 weaknesses that must be overcome because technical analysis is very dependent on the mastery of the user itself, not only from how much we master the material without practice.
#35 - August 19, 2020, 05:33:13 PM

  • Sr. Member
  • Posts: 434
  • Points: 0
  • Likes Received: 17
  • Reputation: +1/-0
Technical analysis will always have a good impact if we master it, including knowing the weaknesses and strengths of the indicators used.
#36 - August 20, 2020, 05:51:35 AM

  • Sr. Member
  • Posts: 410
  • Points: 46229
  • Likes Received: 7
  • Reputation: +3/-0
the first weakness is repaint and the second weakness is the technical indicator is lagging, so of the two weaknesses we must be able to overcome them.
#37 - August 20, 2020, 11:40:28 AM

  • Full Member
  • Posts: 144
  • Points: 0
  • Likes Received: 4
  • Reputation: +0/-0
indeed every technique must have a weakness, therefore we must be able to perfect our technique from our mistakes
#38 - August 20, 2020, 12:13:16 PM

  • Sr. Member
  • Posts: 452
  • Points: 2273
  • Likes Received: 13
  • Reputation: +0/-0
Technical analysis is full of falsehoods, I prefer to use the right signal so I can communicate better. So weaknesses must be examined by yourself.
#39 - August 26, 2020, 06:47:55 PM

  • Sr. Member
  • Posts: 426
  • Points: 51533
  • Likes Received: 7
  • Reputation: +0/-0
There are 2 weaknesses of technical analysis, the first is often repaint and the second is that technical analysis can not represent the real price movements in the forex market.
#40 - December 31, 2020, 08:17:00 AM

  • Sr. Member
  • Posts: 457
  • Points: 32784
  • Likes Received: 9
  • Reputation: +1/-1
Technical analysis not only has 2 weaknesses but many weaknesses, but traders who have mastered it do not usually consider it a weakness.
#41 - January 06, 2021, 04:54:55 PM

  • Sr. Member
  • Posts: 433
  • Points: 69385
  • Likes Received: 8
  • Reputation: +0/-0
Technical analysis does sometimes show weaknesses and it will make traders lazy and unsure of these indicators even though traders only need to look for weaknesses.
#42 - January 07, 2021, 01:31:51 AM

  • Sr. Member
  • Posts: 330
  • Points: 262
  • Likes Received: 5
  • Reputation: +1/-1
In my opinion it is not a weakness, because it is what is true, because in trading that we can do is analyze, not predict a 100% price movement, because it is not possible
#43 - June 29, 2021, 11:26:26 AM

  • Hero Member
  • Posts: 1214
  • Points: 938
  • Likes Received: 29
  • Reputation: +5/-5
that's why in trading we need money management, because the trading system we use will always have drawbacks and indeed the market is basically free to move
#44 - July 02, 2021, 03:14:48 PM

  • Hero Member
  • Posts: 518
  • Points: 400
  • Likes Received: 5
  • Reputation: +0/-4
in my opinion it's not lacking, because it is true that trading where the analysis that we go into is only probability, it is important for us to use a system that has high accuracy
#45 - July 05, 2021, 07:47:31 AM

Members:

0 Members and 1 Guest are viewing this topic.