you are right. I am also often mistaken. I have bought it. The market actually sells. all need patience
yup, that's for sure. Our indicators are used as our tools in analyzing markets, not as determinants of entry.
the most important of an indicator is that we can read the signals generated from these indicators well and use indicators that we really have mastered and also feel comfortable using
An indicator can be relied on if the trader is also able to use it properly and correctly. Traders can use it well if the trader is able to understand the character of the indicator. By understanding the character of the indicators used, the trader will be able to know the strengths and weaknesses of the indicator. So that traders will know in what market conditions, these indicators function properly. That way traders will be able to find solutions to overcome this. Because there is no indicator that can make profitability till 100%.
it is an obligation of a trader to be able to understand the character and workings of the indicators he uses to help make a good market analysis, so that he can determine when to enter the market and when to exit the market properly
That's right, if a trader is able to analyze a market movement with good by using of these indicators, then surely the indicator can be relied on, because previously it has been well tested in dealing with various market conditions that occur.
to test how well the indicator must be used always in tarding the run and it is done continuously without changing other indicators so that it will know the advantages and disadvantages of the indicators it uses
really sometimes there are indicators that are not suitable when the market is in trend there are also indicators that are not cpcpk used when sideways
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?
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