Price Action vs Trading Indicators | What Trading Strategy Works Best?

[@priyadarshanmacwan4042]

I believe in Indicators

[@Benanca17]

Definitely the price action and the trend 📉📈 Thank you David for this video! I’ve been learning a lots from those videos (and are free 😂) - Thank you! 🙏

[@juanestebanguevarabetancur2266]

Youre are the best David, congrats

[@Assalariado762]

There is no perfect technique for making money in the financial market. All methods have weaknesses. That's why you need an intelligent human being in front of the screen.

[@teebone2157]

Whatever works for you is the answer to the question

[@thimmareddyvanka3953]

good analasys sir ...tahnq..pls make more vedios like this to give knowledge for us..

[@trendingsoftware]

Great video. Yes, indicators are a total waste of time and will lose you money time after time. Price action is what I use ... mainly trends and support resistance levels.

[@thrivinglife995]

Bollocks.

[@mil.o]

Nick Yushkevich Trust how are they a waste of time

[@investorniffi7128]

The truth is anything and everything works. The most important thing is to do your backtest well for 2years minimum on M15-H1 or 20years on H4/D1. Once the WinRatio & RR is cool, please stick to it. Price Action itself is overhyped and too discretionary, meaning that you must always be in the right state of mind to be profitable. Call 10 PA traders to Analyse the same chart,they come up with different trendlines. What matters is to ensure you have an edge in the market . Remember, only 5% wins in the end

[@investorniffi7128]

For instance, 200EMA + MACD has over 60% accuracy and 1:1.5 RR on EURUSD M30 on the average of 5 different 2years block . With this, your trade life is still smooth

[@investorniffi7128]

So, what ama saying is PA atimes gives you the analytical confidence but drives your acct nowhere. So, be careful not to be carried away by the hype. Knowing PA is the beginning of another journey which may and may never end well. Not everyone is cut out for discretion.

[@sebastiankraft9977]

very useful thank you

[@JPatel7866]

Great video David! I have been using indicators, but from now on I will start looking into the price action and trend.

[@dolevmazker736]

thanks for this video' i always look at the trend, sector, and nasdaq or dow for the overal move of the market, then make a decision based on fair risk to reward

[@efraimwilhelm3935]

Thank you🙏

[@dennistaboada5601]

Thank you sir..

[@andreamtz4412]

Hi David, i’ve been looking in capital.com the “trading volume” option so I can see it in the graph, but I can’t find it, I’m using “tick volume” instead, is it the same indicator?

[@johnj8958]

Most indicators are derived from the price. It is just another tool to analyze the price.

[@Fin_flash]

Price action😍

[@samarpitagarwal1218]

Price is supreme.. Price makes indicators.. Indicators don't make up price..

[@RealJOGBz]

Thats why you have indicators for concrete decisions

[@mil.o]

Why'd he leave trading 212 lol

[@Capitaltrading]

Found a better platform 😉

[@mil.o]

@@Capitaltrading oh wow should I still use trading 212 or nah?

[@mamunurrashid5652]

Price action is superior to indicators like oscillators....

[@Capitaltrading]

I would completely agree with you on that.

[@amorfati4096]

lol, video started from, there are thousands of indicators, and ended at suck ass rsi and macd.