arigoldman
Recruit
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- 171
My favorites are 200SMA, MACD, RSI.
I feel I can trade without indicators too . One should just get help from indicators not become handicap with them . Indicators are not much important , Main thing is our analysis and right entry in market to do good trading.
Naked trading is one good thing in forex trading but you have to master it for making profit because you cannot go blindly. There must be some method in it and indicators are helpful if utilized properly.
as an example of what not to do, look at this guy's chart:
https://d2r1vs3d9006ap.cloudfront.n...eamingRealtimeStockCharts-Free.png?1376504193
also attached.
I can say that's a bunch indicators in one display. But as long as the trader is fine with them, it would be fine. But for me, I couldn't get myself overwhelmed with bunch of indicators on my display.