Forex Zone - Forex Forum

2 Weaknesses of technical analysis

Discussion started on Forex Education

  • Hero Member
  • Posts: 5458
  • Points: 1753
  • Likes Received: 561
  • Reputation: +22/-18
using the RSI indicator can make our messy analysis better because this indicator is to summarize the reversal. 
#121 - June 03, 2022, 05:51:26 AM

  • Hero Member
  • Posts: 3144
  • Points: 7493
  • Likes Received: 631
  • Reputation: +39/-36
I think the shortcomings in the trading system will always be there, but as long as we have a good rule and management, there will be no problem
But not all traders are able to be disciplined to apply this, therefore the first form of mindset for us
#122 - June 03, 2022, 10:19:29 AM

  • Hero Member
  • Posts: 6978
  • Points: 2
  • Likes Received: 657
  • Reputation: +23/-19
The use of the RSI indicator is very important to be used for reversal and that is also what makes us successful.
#123 - June 04, 2022, 12:10:52 AM

  • Hero Member
  • Posts: 3953
  • Points: 2959
  • Likes Received: 809
  • Reputation: +35/-32
But not all traders are able to be disciplined to apply this, therefore the first form of mindset for us
It is difficult to apply discipline, but we must understand that the only way is this, so with this weakness our system can be improved
#124 - June 04, 2022, 02:55:22 PM

  • Hero Member
  • Posts: 1508
  • Points: 333
  • Likes Received: 174
  • Reputation: +20/-8
I think the weakness of the analysis technique will always be there, sometimes he gives a fake signal
#125 - June 05, 2022, 09:26:41 AM

  • Hero Member
  • Posts: 5458
  • Points: 1753
  • Likes Received: 561
  • Reputation: +22/-18
We can balance technical analysis with the RSI indicator. That way we can catch signals that we can't catch
#126 - June 12, 2022, 02:36:59 AM

  • Hero Member
  • Posts: 3144
  • Points: 7493
  • Likes Received: 631
  • Reputation: +39/-36
I think the weakness of the analysis technique will always be there, sometimes he gives a fake signal
To anticipate we can survive the signal phase is by money management, so that the risk can be controlled
#127 - June 12, 2022, 03:07:35 AM

  • Hero Member
  • Posts: 2887
  • Points: 57
  • Likes Received: 216
  • Reputation: +7/-4
Actually, I use technical analysis that smells of indicators. I only use technical analysis that uses support and resistance and coupled with candlestick formations
#128 - June 13, 2022, 05:24:19 AM

  • Hero Member
  • Posts: 3144
  • Points: 7493
  • Likes Received: 631
  • Reputation: +39/-36
Actually, I use technical analysis that smells of indicators. I only use technical analysis that uses support and resistance and coupled with candlestick formations
Using technical analysis is proven to be easier, faster to learn even for people who are very beginners
#129 - June 17, 2022, 02:47:01 PM

  • Hero Member
  • Posts: 561
  • Points: 2247
  • Likes Received: 126
  • Reputation: +0/-5
Using technical analysis is proven to be easier, faster to learn even for people who are very beginners
Because technical analysis only relies on what we see on the chart, there is nothing else
#130 - June 18, 2022, 11:01:36 PM

  • Hero Member
  • Posts: 3144
  • Points: 7493
  • Likes Received: 631
  • Reputation: +39/-36
Because technical analysis only relies on what we see on the chart, there is nothing else
We must always complete our technical systems with good management, plan and rule trading
#131 - August 26, 2022, 08:25:43 AM

  • Hero Member
  • Posts: 1367
  • Points: 421
  • Likes Received: 142
  • Reputation: +1/-27
I've been using technical analysis for a long time and it's not perfect, but technical analysis really helps me.
#132 - August 27, 2022, 12:17:51 AM

  • Hero Member
  • Posts: 3144
  • Points: 7493
  • Likes Received: 631
  • Reputation: +39/-36
I've been using technical analysis for a long time and it's not perfect, but technical analysis really helps me.
Until whenever there will never be a perfect system, because the market cannot be predicted precisely continuously
#133 - September 05, 2022, 05:51:41 AM

  • Hero Member
  • Posts: 6978
  • Points: 2
  • Likes Received: 657
  • Reputation: +23/-19
It's good to use them all because of that we can learn about objective relativity in an appropriate way
#134 - September 05, 2022, 05:58:13 AM

  • Hero Member
  • Posts: 3953
  • Points: 2959
  • Likes Received: 809
  • Reputation: +35/-32
It's good to use them all because of that we can learn about objective relativity in an appropriate way
I think every system will have weaknesses and will not be 100% perfect
#135 - September 06, 2022, 12:27:07 PM

Members:

0 Members and 1 Guest are viewing this topic.