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How to overcome the weakness of technical analysis

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How to overcome the weakness of technical analysis in General Forex Discussion_xx
not only novice traders who use analysis, professional traders also use analysis before trading, and this is important, to be done by all traders, and analysis also has its weaknesses and advantages, to overcome the weaknesses of the analysis, I agree with you, money management settings and it must be disciplined in running it, stop loss and takeprofit must also be used.
#31 - December 21, 2021, 10:54:56 PM

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analysis is something that must be done before the OP, which is done by all traders both newbie and senior. As for how to read the indicators, that's what distinguishes junior and senior traders, less thorough and hasty seems like a disease for newbies and junior traders so that the analysis often goes wrong.
#32 - December 21, 2021, 10:55:39 PM

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The forex learning process is very complex, especially when it comes to technical analysis, it seems that thousands of thousands of technical analyzes with or without indicators can be found on this forum. For a beginner, it is better to learn gradually, like a glass filled with a teapot, it will spill out, as a result, he will be confused later.
#33 - December 21, 2021, 10:57:13 PM

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You can add fundamental analysis or you can add other techniques to help your analysis using your indicators or you can use the patterns in the candle So it's all up to you
#34 - December 21, 2021, 11:03:21 PM

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Failure in the trading world is usually not knowing your analysis is wrong. So you should be able to combine different analyzes so that your analysis can be accurate and not wrong.
#35 - December 21, 2021, 11:03:58 PM

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the most common answer is to use fundamental analysis because technical analysis is coupled with fundamental analysis so when you really have trouble using technical analysis or think technical analysis is weak you can use fundamental analysis
#36 - December 23, 2021, 05:03:56 AM

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When you feel that technical analysis has a weakness, let's see first What technical analysis do you use because there are a lot of technical analysis and a lot of indicators that also includes technical analysis so not all technical analysis is weak, we must first reveal what is the cause
#37 - December 23, 2021, 05:04:39 AM

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In trading we can reduce our system shortages by conducting evaluations at any time so that it will make us continue to be better and the results will also be better
#38 - December 23, 2021, 10:12:26 PM

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How to overcome errors in technical analysis is indeed a good way, so whatever you do it must be based on good technical analysis, so don't do a lot of open positions using weightless technical analysis.
#39 - December 23, 2021, 10:35:35 PM

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Ways to deal with inaccurate signals can be done in various ways, one of which is by using support and resistance by using other tools such as candlesticks so you don't just rely on indicators.
#40 - December 25, 2021, 08:35:56 AM

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in my opinion every system analysis must have weaknesses, so from that to anticipate it we need a good trading plan and a good money management
#41 - December 25, 2021, 10:26:11 AM

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overcome the error in the analysis of not knowing how to change the situation for the better by providing other indicators to help the indicators you use
#42 - December 25, 2021, 09:03:00 PM

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Wrong technical analysis is not an indicator that is wrong, you yourself will not be able to use it because what is meant by technical analysis and fundamental analysis cannot be wrong, what is wrong is the use or the humans themselves.
#43 - December 27, 2021, 02:33:24 AM

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the technique of trading with techniques has many weaknesses, the accuracy ratio is not even 50%, once there is a technical news plan that goes awry, then you need SL for those who rely on technicals, and avoid news release times if trading relies on technicals
#44 - December 27, 2021, 11:54:43 AM

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Technical analysis and fundamentals actually cannot be separated because they are both cause and effect, fundamental as a reason for the market to move and technical functioning to tell when prices move.
#45 - December 27, 2021, 11:55:16 AM

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