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Candlestick Or Indicators? in General Forex Discussion_6825f0acc9f09

Candlestick Or Indicators?

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andre05

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the candlestick is already very sufficient for market analysis, but with our analysis indicators it is easier,
#376 - July 28, 2019, 02:09:34 PM

Culun

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Quote from: andre05 on July 28, 2019, 02:09:34 PM
the candlestick is already very sufficient for market analysis, but with our analysis indicators it is easier,
one of the most important things in analyzing the market is to understand a system that you have used, whether it's a candlestick analysis or an indicator
#377 - July 28, 2019, 04:26:45 PM

jlebong1

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indicators are very useful to help us trade the problem makes it easy for analysis.
#378 - July 28, 2019, 04:48:14 PM

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#379 - Today at 05:01:23 PM

supay

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the bollinger band indicator is very good and it suits me to use it. hopefully it will be more stable in the future.
#379 - July 28, 2019, 05:25:03 PM

brosure

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the Fibonacci indicators that I use are very good and help me to make position entries
#380 - July 28, 2019, 05:32:22 PM

Saur

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I always observe the price movements that occur with the candlestick pattern and estimate where the price will move with the indicator



#381 - July 28, 2019, 10:34:51 PM

Suli

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both candlesticks and indicators are technical indicators the difference lies only in the ease of understanding them.
#382 - July 29, 2019, 04:27:17 AM

GreenPips

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Quote from: alfrz26 on February 14, 2019, 12:44:51 AM
Until now I am still curious about all traders, in learning trading you are more interested in Candlestick or Indicators? and what is the reason for you to choose one?
Before we decide to choose to use candlesticks or indicators, we must know the weaknesses and strengths of each.
The advantages of candlesticks:
  • It's easier to analyze
  • Provides fast signal change direction.
  • Can be used with other technical analysis tools
Strengths of Indicators:
  • Flexible
  • Can be customized as desired
  • Can be combined as desired
Candlestick Weaknesses:
  • Statistically not very impressive
  • The number of candlestick patterns
  • Candlesticks are only for the short term
  • Candlesticks don't provide targets.
Weaknesses of Indicators:
  • False signal
  • The chart looks not clean and not neat

From the differences above we can conclude choosing what trading uses and should be adjusted also with the trading style. If I myself often use indicators as well as candles if there is a good opportunity.

#383 - July 29, 2019, 09:10:08 AM

love5

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Quote from: dwi furqon on February 14, 2019, 01:01:20 AM
Good morning, sir. I think candlesticks are more important than the pack indicator. Advanced traders usually never use indicators. They prefer to use candlestick movements. As for me, because I'm still a beginner, I use indicators to help me analyze the market. And take a decision to enter the market from the candlestick movement. thank you


which is indeed a lot of those who are senior analysts using only candlesticks without other indicators. Can you know what indicators you are using?
#384 - July 29, 2019, 01:49:46 PM

Iron

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I use candlestick patterns only because my trading is more on SnR and SnD lines than using indicators



#385 - July 29, 2019, 09:49:48 PM

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#386 - Today at 05:01:23 PM

Black

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I don't use both indicators or candlesticks because my analysis is based on the SnR line, SnD only



#386 - July 29, 2019, 10:17:39 PM

Tuwin

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everyone has a different strategy, and the indicator or candlestick is an important understanding of the analysis.
#387 - July 29, 2019, 11:49:59 PM

Rahman

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candlestick is the same as the indicator pack if what you mean is an indicator such as MA or stochastic is better I suggest using candlesticks only because if you use indicators too often you will not be able to make areas such as support and reis
#388 - July 30, 2019, 02:51:06 AM

dul

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the way I trade with candlestick analysis is just to wait for the price to move back by seeing the same candlestick and candelab which is very good for analysis.
#389 - July 30, 2019, 03:58:37 AM

Susano

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I trade with naked trade so I only rely on candlestick patterns compared to using indicators



#390 - July 30, 2019, 09:11:02 PM
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