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Old 04-12-2008, 01:06 PM
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Default How do you trade the forex market without indicators?

Is there anyway to trade the forex market without any indicators. I have used all indicators, and they have brought my total disappointment, even with money management.Please help!
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Old 04-12-2008, 01:39 PM
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Go short on the US dollar until the war is over. Then buy because the dollar will come back.































Oh crap is that an indicator?
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Old 04-12-2008, 02:11 PM
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The problem with indicators is that they look good on paper but a blind backtest shows that they are just as much of a crapshoot as anything else. You need to spot a trend, get on it, and know when to get off.































Research the Guppy Multiple Moving Average. Just google it. This is the best trend analysis tool I have ever come across. Revolutionized my trading.
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Old 04-12-2008, 02:27 PM
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yes, it is possible to trade forex without indicators.































Here's how i do it: First, I mark previous day's high and low, then today's hi and low. When price bounces off these levels, trade accordingly. When price breaks intraday or previous day's hi, i look for a retracement to a good support level, and find a good entry to go long. Just reverse this process when going short.































Be patient with any method that you choose to use when trading. It doesn't really matter which method you use but what's important is moneymanagement. Live to trade another day.
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Old 04-07-2009, 02:22 PM
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The problem with indicators is that they look good on paper but a blind backtest shows that they are just as much of a crapshoot as anything else. You need to spot a trend, get on it, and know when to get off.

Research the Guppy Multiple Moving Average. Just google it. This is the best trend analysis tool I have ever come across. Revolutionized my trading.
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Old 06-27-2009, 01:00 AM
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Well I fallow the news and I wait to see the indicators how they are holding and see were it's at (support) and look for the right position to get in...
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Old 11-16-2009, 05:39 PM
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Iím more of a fundamental trader, donít use so much indicators, they are kind of complicated for meÖ I base my trades on the market sentiments and results to trade. My broker ACM has a news tool on the platform that gives the market sentiment about 15 min before an announcement and then another review as soon as the results are out.
I think that is the easiest way, and quite profitable too
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Old 12-03-2009, 10:19 AM
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I cant! For me indiactors are very importnat for predicting marketin and making the best and profiatble move.
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Old 06-28-2010, 06:47 PM
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The only way to trade forex with conflicting indicators is using a prediction mathematical formula...
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Old 06-29-2010, 08:16 AM
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For me, of you really wanted to earn money, there us still a way on trading even if without the indicators. Only uses the price of the currency pair and a time element. And that's it!
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