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Many Techniques Are Used, Are Suitable In All Pairs?

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in my opinion all existing trading systems, it will be used for trading at all pairs, provided it is not specifically for certain pairs, so we can choose a system of many existing systems
#136 - November 13, 2021, 10:18:40 AM

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To note, almost all technical analysis has advantages and disadvantages, for technicals that are specialized in certain pairs, actually these technicals can be used in any pair, only maybe the owner is more comfortable with these pairs,
#137 - November 13, 2021, 01:33:18 PM

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for simple charts with built-in indicators such as MA Stochastic, BB, MACD and others that are already on the chart, usually can be used in all pairs and all TFs
#138 - November 13, 2021, 01:34:15 PM

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Technically, it's just as effective. Whether it's naked trading or using indicators, it makes no difference. What really matters is not whether the technique is suitable or not, but the character of the pair itself
#139 - November 13, 2021, 01:35:26 PM

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If the trading technique can be used for all pairs, it's different again from a trading strategy that is only specific to certain pairs. The strategy is more in-depth in terms of where and when to open positions. Likewise with the exit market, there is also a time limit.
#140 - November 13, 2021, 01:36:58 PM

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how perfect a trader's trading would be if they were able to combine techniques with the strategies they mastered they would be easier to analyze and place entries so they could get the profit they wanted
#141 - November 13, 2021, 01:38:12 PM

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for novice traders, of course it will be more difficult because of the lack of knowledge and experience in the world of trading, hopefully with the effort and hard work of traders, especially beginners, they can take advantage of the techniques and strategies that are mastered so that they can easily analyze market movements.
#142 - November 13, 2021, 01:39:18 PM

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Each pair has certain habits, which are influenced by many factors, perhaps one of which is how many traders trade the currency
#143 - November 13, 2021, 01:41:15 PM

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it could be that one technique is only for one pair, but it could also be that the technique can be used for all pairs. So it depends on the system. sometimes the movement of each pair can be different
#144 - November 13, 2021, 01:42:52 PM

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if we are still mutually changing systems or are testing a trading system / technique so that we can know whether it is good or suitable for a particular pair we can take advantage of the demo account that has been provided by the broker.
#145 - November 13, 2021, 01:44:18 PM

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before actually using a technique there is nothing wrong with testing it on a demo account so that we know the weaknesses of the system or technique that we will use.
#146 - November 13, 2021, 01:45:41 PM

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The problem of matching or not matching depends on the technique you use, but what is certain is that the more techniques you use, the more you will not focus, I have felt it for years and indeed, most successful people certainly use quite a few techniques.  only two or three techniques.
#147 - November 16, 2021, 10:31:54 PM

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using many techniques I think it's good because when you can use many techniques well then you will be able to master all the techniques but when you use them to analyze then you should only use any other technique only as knowledge or as when using other currency pairs
#148 - November 17, 2021, 06:26:16 AM

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Lots of trading systems that can be used in all instruments, because indeed the fact that the trading system is a lot of just a lot, it can be thousands available for free or paid
#149 - November 17, 2021, 07:59:46 AM

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Using many techniques when analyzing is something wrong.  Why do I say wrong because indeed when you analyze it will be better when you use only one technique and focus on that technique So what so you can also understand the characteristics of the currency
#150 - November 19, 2021, 01:32:06 AM

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