It will be a very difficult job for trading without the indicators. i think the indicators provide ultimate help in the finding of a nice entry points but if they are not there, i do not know how to enter.
It will be a very difficult job for trading without the indicators. i think the indicators provide ultimate help in the finding of a nice entry points but if they are not there, i do not know how to enter.
it is not possible to trade with out the indicators. there may be some very sharp minded people that are keeping all the support and the resistance levels and the histirical levels of the currency. but i dont agree they cannot do it either
People who do not use indicators may be trading their use candlestick trading to find out the price movement that is happening. So they watched candlestick pattern that is formed to determine the direction of the trend is goingOriginally Posted by aina
i believe if some one write a book then of course he will have some knowledge based on which he write the book, so i will tell you read the book if you have time.
trading without indicators means taking more risk for yourself. indicators are very helpful for the trader to use so use indicator which you understand.
good point you said , because there are traders who use any indicator that they found without making sure if this indicator work well with them or not so they fail , the trader must trade the indicators in the demo account first and choose the one that work well with him
trading without indicator is the basic way of trading. long time ago before indicator is created trader in japan just use candle stick and they can survive.
Trading without indicator is an impossible work. It is like a crazy work. As a man can not walk without eye as well, the indicators are same. Indicators showe u how could u run your business. the main work in the business is buying and selling dollar. so if u dont know that when dollar price will increase or decrease, u will not elegible for running your business. so trading without indicators re meaningless as I think.
Though trading without indicators is too tough, but most of the experienced and good traders do that, but I think using indicators can make your trade more easy and low risk. for specially newbie must use indicators for the direction and guideline of the market and making your position.
Trading without indicators is definitely possible. i know of a school which does that. surffx if im not mistaken. They trade using the elliot wave principle.
as for me, i'll have my indicators with me thanks!
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