Hello beautiful traders I'm new here

[Bane]

Hi. Because of how volatile and dynamic the forex market is, I don't believe any indicator can be perfect. There are times when a trend indicator predicts a bullish trend will continue, but the opposite occurs. Based on how well you can analyse the market, indicators are merely tools that can be helpful to you to a certain extent.

 

[skrimon]

How is your experience till now? Would yo like to mention any experience?

 

[khurramali]

my trading is going pretty well... been trading since 2015. Only became successful after I worked on my trading Phychology.

 

[Fxzombie]

Hi. Because of how volatile and dynamic the forex market is, I don't believe any indicator can be perfect. There are times when a trend indicator predicts a bullish trend will continue, but the opposite occurs. Based on how well you can analyse the market, indicators are merely tools that can be helpful to you to a certain extent.

Yes, no perfect indicator, however indicator is a helpful tool for traders in analyzing the market, another indicator could have a different function or sensitivity, in every decision still needs to be accompanied by a risk management plan.

 

[pippin]

Yes, no perfect indicator, however indicator is a helpful tool for traders in analyzing the market, another indicator could have a different function or sensitivity, in every decision still needs to be accompanied by a risk management plan.

What do you think about sentiment indicators is it worth to try or they encompass bias only of some public since gather statistics worldwide is basically impossible?

 

[Fxzombie]

What do you think about sentiment indicators is it worth to try or they encompass bias only of some public since gather statistics worldwide is basically impossible?

Indicators usually use historical data information and use certain formulas for market analysis. In my opinion, indicators cannot predict what the future will be like, past data is taken and then used to predict future possibilities.