I don't think those people who draw lines on their charts think of them as terms. They truly believe that those are actual future support resistance and supply demand that sits on their charts shown by those drawn lines. Their trades are based on ...

Why do traders use so many indicators?

Last I read there's passive and aggressive orders on the chart. Can anyone be so kind to point out where to find those orders on mt4 ?

Why do traders use so many indicators?

Passive orders or aggressive orders, tell us how you identify them on the chart. Is it a standard tool on mt4?

Why do traders use so many indicators?

Support resistance is a figment of your imagination. Supply and demand exist only in your fantasy. Look at this EU chart, nobody can point out the future supply and demand or support and resistance on this naked chart, Most people use the highest ...

Why do traders use so many indicators?

If this is true we are all guessing and gambling.

Why do traders use so many indicators?

Agree 100%

Why do traders use so many indicators?

Do yourself a favour, read this thread from post#1 if you genuinely seek the answer. Put on your logical brains when you read. The rest is up to you.

Why do traders use so many indicators?

That's the true naked chart by definition. Just that people "shift" the definition to suit their agenda. It's already explained in earlier post.

Why do traders use so many indicators?

Have you noticed that nobody has posted details of their indicators and usage, no specific details ? Have it crossed your mind that what you are looking for to convince you encroach into proprietary territory ?

Why do traders use so many indicators?

JetTrader live video streaming his $40 million challenge will showcase live trades that you ask for. Compare with your own naked chart trading see if you could have spotted those trades as well. Better if you demonstrate how you spotted those same ...

Why do traders use so many indicators?

The answer to your question is already posted on this thread, just read. Those who earnestly seek they shall find else you will always be left asking this same question.

Why do traders use so many indicators?

That's how to spot the fake from real, losers from winners.

What Would It Take: $3,000 to $40 Million in FX

And if (intraday)swing trading, make posts of entry sl, tp, that's the best imho.

What Would It Take: $3,000 to $40 Million in FX

1 million % ROI Challenge This title aptly names the capital growth challenge that's the main challenge of retail fx trading. Most people can't see beyond 50% pa, it's impossible. Hope you keep this going whatever the % A quick calculation gives ...

What Would It Take: $3,000 to $40 Million in FX

Far better than the trade explorer is a walk through live trade. Live trade is more beneficial to the viewers - it's the best mode of learning.

Why do traders use so many indicators?

At the core of trading it's not about how much knowledge and skill of the trader. Not about how his trade explorer shows nice steady consistent long term growth. It's ALL about how much he trust his knowledge and skills that's reflected in his ...

Why do traders use so many indicators?

Naked chart traders contain candles or bars that's the mt4 standard indicator derived from the brokers tick data to show the ohlc of the timeframe in the visual form of candle or bar. When traders use fibs or pivots they are indicators derived from ...

Why do traders use so many indicators?

Expect to commit a few years of your life doing this research work. It's simply hard work. This means the trader has to do research about the natural limitations of each indicator when they are useful and when they are useless, and to use them ...

Why do traders use so many indicators?

Yup this is an example where cost averaging long basket trades will cause margin call.

Time and Price Forecasting

Hi joe-tra, a friendly advice to stick to the "technical" side of forum. Completely IGNORE the misleading social side of forum that adds no credence to the "technical" knowledge you seek. Cheers. Edit - Pb wrote an amazing post about VTL. url

Time and Price Forecasting