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Candlestick Or Indicators?

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candlestick or indicators are actually the same, both reflect price movements and are repaint.
#211 - June 27, 2019, 05:33:56 PM

nanda12

beginners still can't read candles that have many patterns. beginners like me, you will definitely need indicators for market analysis.
my advice from now on don't rely too much on indicators such as moving averages and oscillators, because it's lagging, candlesticks are indicators and are more accurate than indicators like the ones I mentioned above. for beginners it can start with an engulfing doji hammer and others
#212 - June 27, 2019, 06:41:43 PM

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to choose to use indicators or scandles should be adjusted to the style and trading strategy that is owned.
#213 - June 28, 2019, 12:22:37 AM

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I sometimes use candlesticks but sometimes also use indicators
#214 - June 28, 2019, 12:24:10 AM

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both the candle and the indicator are the same as long as we can use and use them well.
#215 - June 28, 2019, 12:42:21 AM

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There is a reason why candlesticks are the most popular reference for some professional traders. Reflection of price movements on candlesticks is quite basic to be used as an indicator in predicting price changes. Therefore, every trader should know how to read candlesticks.
#216 - June 28, 2019, 12:55:45 AM

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actually candlesticks represent enough price movements but many traders still use the help of technical indicators and even custom indicators.
#217 - June 28, 2019, 04:23:04 AM

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the choice is in each other's hands, both using indicators and candlesticks are both good as long as they are well mastered.
#218 - June 28, 2019, 04:28:51 AM

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beginner trader definitely needs indicators to help market analysis. Advanced traders still need help with indicators.
#219 - June 28, 2019, 04:29:17 AM

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I often find candle patterns and that is quite accurate so I am more suited to candlestick analysis than technical indicators.
#220 - June 28, 2019, 07:44:08 AM

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either the candlestick or the indicator are as accurate as depending on the understanding and mastery of the indicator or candle pattern.
#221 - June 28, 2019, 04:40:06 PM

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if I prefer to use an indicator because it is quite easy to use and apply.
#222 - June 28, 2019, 04:53:39 PM

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candlesticks are actually simpler and more accurate but are more difficult to learn candle patterns than technical indicators.
#223 - June 28, 2019, 05:43:42 PM

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I certainly chose the indicator, the indicator I chose was the candelab. because this candlestick is a price indicator, where we can see price movements on this candelastic indicator.
if so your name chooses a candlestick pack, because what the thread writer means is an indicator of a moving average or oscillator and maybe the author doesn't know that candlesticks are also indicators, indeed candlesticks are a form of price and time representation summarized in a pattern that we can later identify with patterns that often appear
#224 - June 28, 2019, 06:58:44 PM

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Wow, it means you are a skilled trader, sir. I myself have a very difficult time reading candlesticks. I prefer to use indicators.
Not really, I am also a beginner trader, except that I sometimes find candle patterns that I consider valid.
#225 - June 29, 2019, 05:31:43 PM

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