Forex Zone - Forex Forum

Does trading without indicators can make produce profit ?? in General Forex Discussion_67f83ac065b44

Does trading without indicators can make produce profit ??

Discussion started on General Forex Discussion

  • Full Member
  • Posts: 113
  • Points: 24
  • Likes Received: 0
  • Reputation: +0/-0
Of course you can, we can use the support and resistance area by combining it with existing candle or pattren patterns, it is a good analysis
#151 - October 22, 2021, 02:35:23 PM

  • Newbie
  • Posts: 31
  • Points: 536
  • Likes Received: 0
  • Reputation: +0/-0
it is not uncommon for someone who uses too many indicators to get confused when the data displayed contradicts each other. Instead of making trading easier, indicator users can actually miss out on many opportunities that have great potential for profit.
#152 - October 22, 2021, 11:36:20 PM

  • Full Member
  • Posts: 160
  • Points: 668
  • Likes Received: 2
  • Reputation: +0/-0
Unconsciously, indicators also make a trader become dependent and weaken the instinct he has in reading the market. The existence of indicators makes a trader do not need to observe the market directly, but simply watch the indicator needles that have been displayed clearly and in detail.
#153 - October 22, 2021, 11:37:30 PM

Sponsored

Does trading without indicators can make produce profit ?? in General Forex Discussion_6803a6c52eb12
#154 - Today at 08:28:36 AM

  • Sr. Member
  • Posts: 456
  • Points: 1017
  • Likes Received: 3
  • Reputation: +0/-0
The answer is yes, as long as you want to get out of your comfort zone and study the dynamics of the cryptocurrency/crypto market diligently and consistently. This information will discuss how to trade without using indicators.
#154 - October 22, 2021, 11:38:15 PM

  • Hero Member
  • Posts: 619
  • Points: 184
  • Likes Received: 8
  • Reputation: +0/-0
An important way to trade safely without indicators is to master an understanding of the two benchmark lines, namely support and resistance. Other materials that need to be mastered include knowledge of candle formations, money chart patterns generally formed in the forex market, and how potential candlestick forms are.
#155 - October 22, 2021, 11:39:27 PM

  • Sr. Member
  • Posts: 350
  • Points: 256
  • Likes Received: 0
  • Reputation: +0/-0
It is very difficult because the key to getting profit in trading is not on the system or indicator, but it is in our discipline and our patience runs indicators or systems
#156 - October 28, 2021, 09:27:08 AM

  • Sr. Member
  • Posts: 286
  • Points: 91
  • Likes Received: 1
  • Reputation: +0/-0
it's possible as long as we do it right, by using price action or the formed candle pattern, or it can be combined with support and resistance areas, and many trade just like that.
#157 - November 06, 2021, 11:37:27 PM

  • Full Member
  • Posts: 237
  • Points: 757
  • Likes Received: 1
  • Reputation: +0/-0
Precisely without indicators is a very effective way to be able to generate profits in forex trading, because what I know is that all indicators are long and some even repaint.
#158 - November 07, 2021, 09:32:17 PM

  • Hero Member
  • Posts: 3601
  • Points: 0
  • Likes Received: 54
  • Reputation: +5/-7
can by utilizing a candle and pattren pattern that appears, because there is indeed a trading flow without indicators better known as Naked Trading, which is also used by traders
#159 - November 11, 2021, 12:38:03 AM

  • Sr. Member
  • Posts: 289
  • Points: 814
  • Likes Received: 7
  • Reputation: +0/-0
Trading without indicators can be done. Some recommendations for candlestick services that are worth trying are pin bars, top and bottom tweezers, shooting stars, and bullish hammers. As for making exit decisions, traders can determine for themselves with risk management theory or the equal waves principle.
#160 - November 18, 2021, 11:26:57 PM

Sponsored

#161 - Today at 08:28:36 AM

  • Full Member
  • Posts: 167
  • Points: 672
  • Likes Received: 1
  • Reputation: +0/-0
Becoming a trader is not easy, especially without indicators. Even though they both need skills, of course leaving the use of indicators is not an easy decision and anyone wants to do. The risk of waiting for uncertainty and receiving results that do not meet expectations is the most feared challenge.
#161 - November 18, 2021, 11:28:14 PM

  • Full Member
  • Posts: 124
  • Points: 624
  • Likes Received: 0
  • Reputation: +0/-0
trading without indicators is difficult, but that doesn't mean it will be impossible to do. In fact, I have seen many successful trading without indicators.
#162 - November 18, 2021, 11:29:27 PM

  • Sr. Member
  • Posts: 306
  • Points: 1016
  • Likes Received: 13
  • Reputation: +0/-0
Yes, of course you can, why can't many successful people use signal techniques or price action techniques and can generate profits, for example, I also use indicators because I think indicators are only to help our analysis, not to give signals.
#163 - November 20, 2021, 07:16:51 AM

  • Jr. Member
  • Posts: 95
  • Points: 0
  • Likes Received: 1
  • Reputation: +0/-0
Can, by utilizing the support area and resistance, using a price action or with a candle pattern that is formed, if it does not use the trendline line, it is usually all used
#164 - November 20, 2021, 09:58:23 AM

  • Jr. Member
  • Posts: 62
  • Points: 0
  • Likes Received: 1
  • Reputation: +0/-0
forex trading, it is not mandatory to use indicators. indicator is just a tool. without indicators traders can still get profit
#165 - November 20, 2021, 04:58:19 PM

Members:

0 Members and 1 Guest are viewing this topic.