US Update: Why Trading With Indicators Destroys Forex Trading Success

Anyone who has followed my forex trading educational material for any length of time knows that I do not promote the use of indicators as one’s primary market analysis or entry tool.

Instead, I teach my students to trade off of a plain vanilla price chart by learning to read the pure price action that occurs each day in the Forex market.

This article is going to explain exactly why trading with indicators is detrimental to your success as a trader, and why you should learn to trade with simple price action setups instead.

So, forget about the confusing haphazard mess that indicators leave all over your charts and let this article open your eyes to the power and simplicity of trading with pure price action.

1.

First hand vs.

second hand data… The root of the problem with using indicators to analyze the forex market lies in the fact that all indicators are second-hand; this means that instead of looking at the actual price data itself, you are instead trying to analyze and interpret some variation of price data.

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