we all know..that indicators lag and are not very helpfull cause they just tell ..where u have been...and dn't give a clue where u are headed.
i have heard that many people don't use indicators. my question is....wat do they do then? are they seeing fundamentals....price analysis......chart patterns...candlestick formations? i tried using no indicators....and the result is....i have no clue as to what is happening. this mayb due to the fact ..that i is a newbie.....but still..i see a chart..and i am blank. i read james chart thread and a few others....they are gold...but still i cn't get a hang of using them without any indicators
like to ask the experienced traders here. i know there is a way ...of not using any indicators...but still being able to see the market. how do i go about it? where should i concentrate my energy and thoughts so that i can get to it? all inputs are appriciated.
gabroo
p.s. mayb i am thinkin too ahead of myself......slap me into reality if i like
i have heard that many people don't use indicators. my question is....wat do they do then? are they seeing fundamentals....price analysis......chart patterns...candlestick formations? i tried using no indicators....and the result is....i have no clue as to what is happening. this mayb due to the fact ..that i is a newbie.....but still..i see a chart..and i am blank. i read james chart thread and a few others....they are gold...but still i cn't get a hang of using them without any indicators
like to ask the experienced traders here. i know there is a way ...of not using any indicators...but still being able to see the market. how do i go about it? where should i concentrate my energy and thoughts so that i can get to it? all inputs are appriciated.
gabroo
p.s. mayb i am thinkin too ahead of myself......slap me into reality if i like
and i grow...pip by pip.......pip by pip!!!!