Forex Zone - Forex Forum

Candlestick Or Indicators?

Discussion started on General Forex Discussion

  • Jr. Member
  • Posts: 61
  • Points: 0
  • Likes Received: 24
  • Reputation: +0/-0
Until now I am still curious about all traders, in learning trading you are more interested in Candlestick or Indicators? and what is the reason for you to choose one?



Linkback: https://www.forex.zone/general-forex-discussion/1/candlestick-or-indicators/1522/
#1 - February 14, 2019, 12:44:51 AM
« Last Edit: July 15, 2024, 01:58:01 AM by Admin »

  • Full Member
  • Posts: 121
  • Points: 0
  • Likes Received: 14
  • Reputation: +1/-0
Until now I am still curious about all traders, in learning trading you are more interested in Candlestick or Indicators? and what is the reason for you to choose one?
Good morning, sir. I think candlesticks are more important than the pack indicator. Advanced traders usually never use indicators. They prefer to use candlestick movements. As for me, because I'm still a beginner, I use indicators to help me analyze the market. And take a decision to enter the market from the candlestick movement. thank you



#2 - February 14, 2019, 01:01:20 AM

  • Jr. Member
  • Posts: 61
  • Points: 0
  • Likes Received: 24
  • Reputation: +0/-0
Good morning, sir. I think candlesticks are more important than the pack indicator. Advanced traders usually never use indicators. They prefer to use candlestick movements. As for me, because I'm still a beginner, I use indicators to help me analyze the market. And take a decision to enter the market from the candlestick movement. thank you


I also agree with you, because I think the indicator is only a tool to determine the direction of prices, and the candlestick is the main benchmark in the appearance of any confirmation of the indicator.
#3 - February 14, 2019, 01:12:54 AM

  • Full Member
  • Posts: 104
  • Points: 0
  • Likes Received: 14
  • Reputation: +0/-0
Until now I am still curious about all traders, in learning trading you are more interested in Candlestick or Indicators? and what is the reason for you to choose one?
In my opinion, I prefer Candel Stick. Because the Candel stick is easier to learn and understand the pattern, especially the Bullish and Bearish candel.
Candel sticks will be more valid if viewed from a minimum large time frame H4. I have studied and applied the candel pattern and the results are pretty good. But have to wait patiently for the moment and play long term.
#4 - February 14, 2019, 01:14:22 AM

  • Full Member
  • Posts: 127
  • Points: 0
  • Likes Received: 20
  • Reputation: +1/-0
Until now I am still curious about all traders, in learning trading you are more interested in Candlestick or Indicators? and what is the reason for you to choose one?
I still don't understand about candlesticks, so I still use indicators as an addition to entry analysis. Actually it is great to learn candles because the market is also facilitated with this candle to read it, what if the market uses the price of course traders will have difficulty analyzing.
#5 - February 14, 2019, 01:15:19 AM

  • Jr. Member
  • Posts: 61
  • Points: 0
  • Likes Received: 24
  • Reputation: +0/-0
In my opinion, I prefer Candel Stick. Because the Candel stick is easier to learn and understand the pattern, especially the Bullish and Bearish candel.
Candel sticks will be more valid if viewed from a minimum large time frame H4. I have studied and applied the candel pattern and the results are pretty good. But have to wait patiently for the moment and play long term.
that's right sir, patience is also needed in candlestick analysis, because it is related to psychology, traders are required not to rush into open positions before getting the best price.
#6 - February 14, 2019, 01:23:39 AM

  • Jr. Member
  • Posts: 61
  • Points: 0
  • Likes Received: 24
  • Reputation: +0/-0
I still don't understand about candlesticks, so I still use indicators as an addition to entry analysis. Actually it is great to learn candles because the market is also facilitated with this candle to read it, what if the market uses the price of course traders will have difficulty analyzing.
I suggest that you better just study candlesticks and SnD areas, because there are many types of indicators, and sometimes you always want to learn new indicators so you don't focus on one strategy.
#7 - February 14, 2019, 01:29:15 AM

  • Sr. Member
  • Posts: 318
  • Points: 0
  • Likes Received: 50
  • Reputation: +1/-0
The advantages of candle trading are:
1. Simple, no need to bother using various technical indicators
2. Simple, easy and uncomplicated analysis because it only focuses on candles, candle patterns and chart patterns
3. Clean, the chart looks clean, doesn't seem complicated because it's without indicators
4. Accurate, analysis by relying on patterns and forms of candles plus knowing the market will be very accurate compared to technical indicators that are often repainted.
#8 - February 14, 2019, 01:39:01 AM

  • Jr. Member
  • Posts: 61
  • Points: 0
  • Likes Received: 24
  • Reputation: +0/-0
The advantages of candle trading are:
1. Simple, no need to bother using various technical indicators
2. Simple, easy and uncomplicated analysis because it only focuses on candles, candle patterns and chart patterns
3. Clean, the chart looks clean, doesn't seem complicated because it's without indicators
4. Accurate, analysis by relying on patterns and forms of candles plus knowing the market will be very accurate compared to technical indicators that are often repainted.
it's really very simple and effective analysis to generate profits without buying expensive indicators out there.
#9 - February 14, 2019, 01:45:34 AM

  • Sr. Member
  • Posts: 318
  • Points: 0
  • Likes Received: 50
  • Reputation: +1/-0
it's really very simple and effective analysis to generate profits without buying expensive indicators out there.
but there is a disadvantage if only using candlestick (price acion) for example is quite difficult to practice price action because often a trader misses his best moment and it is not easy to understand the psychology of the market by relying on charts alone.
#10 - February 14, 2019, 01:48:38 AM

  • Full Member
  • Posts: 222
  • Points: 0
  • Likes Received: 15
  • Reputation: +0/-1
Until now I am still curious about all traders, in learning trading you are more interested in Candlestick or Indicators? and what is the reason for you to choose one?
I prefer the candle stick. Because I can see the support and resistance points. When the indicator sometimes gives a false signal
#11 - February 14, 2019, 01:55:56 AM

  • Full Member
  • Posts: 151
  • Points: -5
  • Likes Received: 11
  • Reputation: +0/-0
Until now I am still curious about all traders, in learning trading you are more interested in Candlestick or Indicators? and what is the reason for you to choose one?
many traders rely solely on indicators for analytical material and many traders rely on the candlestick movement pattern as a reference to determine the direction of going up or down, but I personally prefer to use both, using indicators and seeing candelastic patterns as a reference for me to open positions
#12 - February 14, 2019, 02:01:30 AM

  • Jr. Member
  • Posts: 61
  • Points: 0
  • Likes Received: 24
  • Reputation: +0/-0
but there is a disadvantage if only using candlestick (price acion) for example is quite difficult to practice price action because often a trader misses his best moment and it is not easy to understand the psychology of the market by relying on charts alone.
all depends on the trader's flying hours themselves, the higher their learning intention about candlesticks, the easier it is to conquer the market. Isn't success based on experience and sincerity.
#13 - February 14, 2019, 02:05:50 AM

  • Jr. Member
  • Posts: 61
  • Points: 0
  • Likes Received: 24
  • Reputation: +0/-0
I prefer the candle stick. Because I can see the support and resistance points. When the indicator sometimes gives a false signal
That's right, sir, the candlestick is very clear and predicts the direction of the market for those who have learned it, for those who will not always be fooled by the candle.
#14 - February 14, 2019, 02:09:10 AM

  • Full Member
  • Posts: 151
  • Points: -5
  • Likes Received: 11
  • Reputation: +0/-0
Good morning, sir. I think candlesticks are more important than the pack indicator. Advanced traders usually never use indicators. They prefer to use candlestick movements. As for me, because I'm still a beginner, I use indicators to help me analyze the market. And take a decision to enter the market from the candlestick movement. thank you



Good morning, many also use analysis only from seeing candelastic patterns because this analysis technique is very easy to understand and of course it is very good because it directly analyzes the price movements of candlesticks not from indicators, in my opinion this is very good especially done by means of the right and good technique for this candlestick analysis will be very good and of course it is very good for long-term traders
#15 - February 14, 2019, 02:10:50 AM

Members:

0 Members and 1 Guest are viewing this topic.