Uh...yeah, exactly. I'm not sure what your point is here lol. I think you just want to stay on your side of the fence, and that is fine but I also believe maybe you don't understand how this works. If you did, you would know that like I said before ...

Why do traders use so many indicators?

That's the thing though, they can work that way, the problem is that used alone they wont work long term. And who do you mean by "those people" are you assuming that everyone here who posted a chart with lines has no idea what they are doing? That's ...

Why do traders use so many indicators?

You make that sound very easy. It is much easier to trade with them than against them.

Why do traders use so many indicators?

You cannot be seriously making this argument using a 1 minute chart. LMFAO, omg man please, my sides. I'm going to explain this to you, and again I really am trying to help and not undermine you in anyway. There is too much of that on here in FF, we ...

Why do traders use so many indicators?

Oh great Mingary is here to call us all stupid, this thread is officially dead. url

Why do traders use so many indicators?

I want to start off by saying that if you took this trade and made 30 pips using a 1:1 RR ratio then good on you, but it's not a great trade for many reasons, and I am in no way a pessimist or trying to hate on you in any way I am only speaking ...

Why do traders use so many indicators?

What would your entry be on this trade? I understand how rsi divergence works and I get you are using a resistance level as confluence but where are you entering short here? Is it after the rsi crossed below a level, or maybe after the price showed ...

Why do traders use so many indicators?

It really amazes me how everyone on here seems to be an expert. Honestly I don't even know if I can continue to participate in this nonsense. JetTrader when you first started posting I thought you actually had something meaningful to add to this ...

Why do traders use so many indicators?

Man you guys are really starting to miss the whole point of this thread. Originally this thread was meant to post trades and discuss whether indicator based strategies are actually even needed to enter said trade. You guys are all on here dick ...

Why do traders use so many indicators?

I know this is a bit late but here is my outlook for this week I should have posted it earlier but was busy managing my trades. Some of these would have been really nice if taken at the right times and used the microscope approach, unfortunately I ...

Trading under the microscope

I haven't posted in a bit over a week and it's because I was busy managing my losses. Usually when that happens I won't post since I need to focus on my current trades and do not want to take on too much risk entering more trades. That's the problem ...

Trading under the microscope

It's possible man, to grow 3000 to 40 million is possible with around 22% per week gain every week for 48 weeks. The hard part after that is actually getting a broker to let you withdraw the profits, lol have fun. I will follow your YouTube channel ...

What Would It Take: $3,000 to $40 Million in FX

EDIT:I added a poll to this thread.

Why do traders use so many indicators?

Oh, yeah man you totally caught me. That's exactly why I made this post. No one is gambling here, I use my charts only for entry points, as I stated multiple times here. I study how the Forex market is currently moving and current economic factors ...

Why do traders use so many indicators?

Impressive results. That's over 400% in 14 months. Around 30% per month profit. Very impressive. I'm sure the signals come from a properly coded system that took a lot of time to develop. My only issue with it is the risk. Since you started with a ...

Why do traders use so many indicators?

So your telling me with this system you never have a losing day? Please explain more. Also some proof of this would be nice. How many days have you been trading with this? What are your results? I have also tested basket trading and it can work well ...

Why do traders use so many indicators?

Yes ET is very volatile, as most exotic pairs are. If you can pick a good entry on it and hold it for a long time it would prove worth your time though. And, yes I do agree that more traders need to pay attention to swaps and how it can increase ...

The Power of the Swap

Nice trade on EURCAD. Eur weakness and the break of the support level 1.44500 on the Daily is what cause this move to continue this week though. No need for an indicator for this move. Also the 6 continuous down days before the break offered many ...

Why do traders use so many indicators?

It's not easy to simply teach anyone how to trade. It's up to your personality and brain power. I cannot teach that. You can trade with indicators, there are many successful traders who do use them I'm sure. I choose not to for simplicity. If you ...

Why do traders use so many indicators?