When I ended my training few years ago. My mentor advised me to focus on trading with price action ,he said that I should not absolutely depend on indicators for trading, now, I want to ask, Is it possible for a trader to be using only the indicator for trading without any other strategy to make good profits in forex trading market?
Using trend lines and support/resistance are my favorite methods. To answer your question though, yes, it is possible to trade with only using indicators and nothing else.
trading without indicators is best, because if you are addicted with indicators, thatmeans, your subconscious mind a is playing with you and then you response like gambler,,,,so its my advice please dont rely on indicators,,,,
Every time I used indicators I ended up blowing my account.
The indicator is only a tool. All use trading history that has been missed. Everything tells me the same. And as a tool we must know the usefulness and technical basis of an indicator.
in my opinion, maybe we will get maximum profit if we trade using indicators if we really understand how the indicators we use work.
maybe, it comes from Luck, but in my opinion personally, it's like riding a motorcycle without knowing the direction of the destination. finally it can get lost during an accident. So from that indicator is very important, it is the goal to determine the direction of the market. and make it easier for us to make decisions.
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