Is it possible to be rich trading forex without using indicators? If you think about it, is there any other way for you to truly understand what the market is doing besides trading just the price action. Think of all the indicators most people plaster all over the charts.
Can you really explain what moving averages crossing each other actually means? The truth is nobody can. It’s the same case for any of these popular indicators. They may know the rules of how to trade them, but they don’t have a clue what it actually means.
When you are able to get rid of these indicators from your charts, then you start to see the reasons why the market go up, down, or stay range bound. You truly get to see the market as an energy, not just numbers.
When you finally have the ability to seeing the market this way, you can never go back to using those indicators that everybody else does. Personally I do trade by reading the chart and never use any Indicators, split it in two area divided by pivot lines because I believe that any indicators out there are Lagging.
Can you really explain what moving averages crossing each other actually means? The truth is nobody can. It’s the same case for any of these popular indicators. They may know the rules of how to trade them, but they don’t have a clue what it actually means.
When you are able to get rid of these indicators from your charts, then you start to see the reasons why the market go up, down, or stay range bound. You truly get to see the market as an energy, not just numbers.
When you finally have the ability to seeing the market this way, you can never go back to using those indicators that everybody else does. Personally I do trade by reading the chart and never use any Indicators, split it in two area divided by pivot lines because I believe that any indicators out there are Lagging.
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