Re: [VDO] No need for using Technical Indicators
Hello all,
A recent example of what I meant to say:
Gold {or XAU/USD} (4H)
Now these types of profitable situations occur many times a week in almost all the financial markets, in all TFs and the good news is that we don't need to be a 'rocket scientist' to profit from these opportunities.
Little patience, some practice & regular implementation and good Money Management - BooOOooM !! you've got the secret formulae for success in market.
Hello friends,
Learning everything about 'Technical Analysis' & indicators would result in better trades and greater profits. Many of us who are newbies in here believe in this.
But from my personal experience, I found that using the least number of indicators is often the best. To be frank, I hate to see charts that are crowded with indicators exposing least of the REAL price action.
Personally, when I started learning trading 2 years back, I felt 'Elliott' & 'Gann' are complicated and I was wondering if they are compulsory to be learnt. And now, I know the answer when I managed to survive in the market without these.
cheers
Learning everything about 'Technical Analysis' & indicators would result in better trades and greater profits. Many of us who are newbies in here believe in this.
But from my personal experience, I found that using the least number of indicators is often the best. To be frank, I hate to see charts that are crowded with indicators exposing least of the REAL price action.
Personally, when I started learning trading 2 years back, I felt 'Elliott' & 'Gann' are complicated and I was wondering if they are compulsory to be learnt. And now, I know the answer when I managed to survive in the market without these.
cheers
A recent example of what I meant to say:
Gold {or XAU/USD} (4H)
Now these types of profitable situations occur many times a week in almost all the financial markets, in all TFs and the good news is that we don't need to be a 'rocket scientist' to profit from these opportunities.
Little patience, some practice & regular implementation and good Money Management - BooOOooM !! you've got the secret formulae for success in market.