Forex Zone - Forex Forum
  1. Forex Zone - Forex Forum
  2. General Category
  3. General Forex Discussion
  4. Candlestick Or Indicators?

Candlestick Or Indicators? in General Forex Discussion_697bdb568da29

Candlestick Or Indicators?

Discussion started on General Forex Discussion

Print
Pages: 1 ... 90 91 [92] 93 94 ... 167   Go Down

Lucifer78

  • Jr. Member
  • Posts: 74
  • Points: 1636
  • Likes Received: 1
  • Reputation: +0/-0
I use both, candlesticks sometimes provide good patterns while indicators are a mandatory tool for me to do analysis.
#1366 - March 19, 2020, 07:28:57 AM

Gerry Land33

  • Full Member
  • Posts: 207
  • Points: 1850
  • Likes Received: 26
  • Reputation: +0/-0
better if you can use candlesticks because it is more accurate if you can master the character of the indicator well, but it is rather difficult than technical indicators and the decision is in the hands of all of us.
#1367 - March 22, 2020, 01:01:15 AM

Marsu

  • Starter
  • Posts: 6
  • Points: 1256
  • Likes Received: 2
  • Reputation: +0/-1
I prefer candllestick than instrument, because candlestick is esier to learn..
#1368 - March 23, 2020, 01:15:39 PM

aizafx

  • Hero Member
  • Posts: 2224
  • Points: 7991
  • Likes Received: 140
  • Reputation: +6/-1
I see many traders like to use candlestick instead indicator because simpler in the chart, I am ever read certain professional trader in wall street he only uses candlestick to analyze the market but still get more winning trades, the candlestick is simple trading analysis but we must use our head to get the feeling
#1369 - March 25, 2020, 11:31:02 PM

Libra

  • Sr. Member
  • Posts: 452
  • Points: 2273
  • Likes Received: 13
  • Reputation: +0/-0
candlesticks or indicators are actually one group, they have the same role, namely lagging in market movements, but depending on understanding, the selection of indicators or candles becomes important.
#1370 - March 29, 2020, 04:13:48 PM

Sponsored

Candlestick Or Indicators? in General Forex Discussion_6803a6c52eb12
#1371 - Today at 10:09:36 AM

Atminehomo

  • Sr. Member
  • Posts: 454
  • Points: 68
  • Likes Received: 44
  • Reputation: +4/-0
For beginners it is better to use indicators because they are easier and there are many variations then just use 1
#1371 - April 20, 2020, 03:21:30 AM

TechnoPips

  • Sr. Member
  • Posts: 436
  • Points: 0
  • Likes Received: 53
  • Reputation: +2/-0
Quote from: Atminehomo on April 20, 2020, 03:21:30 AM
For beginners it is better to use indicators because they are easier and there are many variations then just use 1
Most beginner traders prefer simple indicators such as MA, and for candle sticks it is rather difficult because they have to remember the type and pattern of candles to read the next candle.
#1372 - April 20, 2020, 04:34:04 AM

IbunyaranapsitumorangPSK

  • Hero Member
  • Posts: 527
  • Points: 9208
  • Likes Received: 18
  • Reputation: +0/-0
Candlesticks are usually used for price action traders and use patterns for confirmation so it's up to you which one to use
#1373 - April 20, 2020, 06:26:06 AM

Gidy

  • Full Member
  • Posts: 190
  • Points: 150
  • Likes Received: 18
  • Reputation: +3/-0
I am sure that using both systems combined with a candle stick and indicator can produce a sharper analysis.
#1374 - April 20, 2020, 06:29:14 AM

Joker0

  • Newbie
  • Posts: 32
  • Points: 193
  • Likes Received: 2
  • Reputation: +6/-5
Candlesticks are indicators too but people don't understand the advice I learned that you think is convenient and easy to understand
#1375 - April 20, 2020, 09:12:44 AM

Morino

  • Jr. Member
  • Posts: 91
  • Points: 442
  • Likes Received: 10
  • Reputation: +5/-2
I think it's good to use a candlestick because it's not complicated but be careful getting stuck on fake signals and often appear using large TF
#1376 - April 21, 2020, 06:52:21 AM

MartinGoodlooking

  • Sr. Member
  • Posts: 364
  • Points: 0
  • Likes Received: 8
  • Reputation: +2/-0
For beginners it is more convenient to use the easiest indicators are BB and MA, learning those two is enough 
#1377 - April 21, 2020, 01:27:07 PM

Arumkusz

  • Newbie
  • Posts: 40
  • Points: 1193
  • Likes Received: 3
  • Reputation: +0/-0
if you have good skills you will definitely prefer a candlestick but do not rule out the possibility of using the indicator because the indicator is the perfect tool for analysis.
#1378 - April 21, 2020, 02:29:16 PM

Gempi

  • Full Member
  • Posts: 237
  • Points: 2100
  • Likes Received: 16
  • Reputation: +2/-0
If you are a beginner it is better to use indicators like zigzag or stochastic because it is more convenient when trading 
#1379 - April 21, 2020, 02:42:40 PM

Kintamani

  • Newbie
  • Posts: 32
  • Points: 349
  • Likes Received: 3
  • Reputation: +1/-0
each trader has his own character if I'm more comfortable using stochastic and macd to confirm price 
#1380 - April 22, 2020, 07:47:33 AM
Print
Pages: 1 ... 90 91 [92] 93 94 ... 167   Go Up
  1. Forex Zone - Forex Forum
  2. General Category
  3. General Forex Discussion
  4. Candlestick Or Indicators?

Members:

0 Members and 3 Guests are viewing this topic.


Candlestick Or Indicators? in General Forex Discussion_collapse Refresh Activity Stream (It's automatically updated) Open Activity Stream in Popup Activity:


Elementor Website Builder