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Market Maker
 Originally Posted by imbest
There is no need to use indicators if you are good in news trading. The news trading system can make you very good profit in short time but it is more risky than the system involving indicators.
If you are good at news trading then it ill only allow you to trade on the basis of news or at the time of news update after analyzing its impact on the markets , apart from that you will not be able to trade due to lack of knowledge.
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Market Maker
cool user
 Originally Posted by enjoylife
If you are good at news trading then it ill only allow you to trade on the basis of news or at the time of news update after analyzing its impact on the markets , apart from that you will not be able to trade due to lack of knowledge.
That trading in times of news is the main reason for the market moves a lot but it is able to trade in times of news has the right and possibility to achieve more profit on Forex
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Indeed there will a difference between indicators and non indicator based system. Shortly how you can compare an educated person to an illiterate...
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Moderator
You are coding the wrong example here. Non indicator based system are very good if you are good in news trading or price action.
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Market Maker
 Originally Posted by adnan10076
Indeed there will a difference between indicators and non indicator based system. Shortly how you can compare an educated person to an illiterate...
There are some expert traders who have so much experience and knowledge in these markets that they trade by watching market movements and also their analysis for sure and they do not use indicators. They are more educated . Do you think they are illiterates ?
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Market Maker
cool user
 Originally Posted by imbest
You are coding the wrong example here. Non indicator based system are very good if you are good in news trading or price action.
All technical indicators in times of bad news given the results too but in some indicators, which works on a small time frame could bring you big profits very
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Market Maker
 Originally Posted by cafedeart
the debate : Indicator based trading is good or naked (no indicator in use) trading is good when it's call trading forex?
is so similar like Guys are the best in cheating or Gals when its call Love and relationship?
so the conclusion may be : "There are numerous paths - just choose what suits you best"
both two types of trading have their own pros and cons both trading styles are generated by traders for traders like us, and they never said any particular path - as best for taking profits in pips, all are same, more or less same, you have to see loses no matter what path you chosen, the only tag line is : "Try to survive by making a little more pips than loosing you are"
Thanks
Very well explained mate as every trader has a different way to trade with different goals and objectives and it is up to a trade which strategy to use. Some traders who do not have idea of the markets use indicators whereas some who have experience and know about market movements do not use them .
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ofcourse there will be huge difference between these two types of trading system As indicator show us direction...
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Market Maker
cool user
i must say that there are very few traders who don't know that how to use indicators so that's why they don't do trading by using indicators but mostly traders always use indicators to get the maximum profits from this field.
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Moderator
 Originally Posted by seahawks90
i must say that there are very few traders who don't know that how to use indicators so that's why they don't do trading by using indicators but mostly traders always use indicators to get the maximum profits from this field.
Trading with indicator is very important because more than 70% of the traders use indicators for their trading so it is more likely that the market will follow the technical behavior.
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Market Maker
cool user
 Originally Posted by umar.ctn
ofcourse there will be huge difference between these two types of trading system As indicator show us direction...
Of course there is a difference between the index, which depends on the particular method and the index, which does not have any style or distinctive style without any awareness
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Market Maker
cool user
 Originally Posted by imbest
Trading with indicator is very important because more than 70% of the traders use indicators for their trading so it is more likely that the market will follow the technical behavior.
indicators always help the trader to predict the price which is going to come in the market and by using them you just increase your chances of making profit.
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Moderator
 Originally Posted by seahawks90
indicators always help the trader to predict the price which is going to come in the market and by using them you just increase your chances of making profit.
I am not saying against you as indicators are very helpful in our trading. We just have to trade according to indication provided by indicator but these should not be taken as sure signals.
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Indicators are use to find direction, so how can we compare non indicators system with indicators system...
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I just want to say that, Indicators follow the price not followed by the price.. that's why there are some false signals or repainted indicators... Using Indicators or not it depends on the trader it self...
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