Why Forex Indicators Fail (And How Price Action Wins)
Learn to Trade in 5 Days Why Forex Indicators Fail (And How Price Action Wins) Indicators promise a “100% win rate” but deliver confusion and losses. After seven years of trading and millions in profits, I’ve learned that Price Action Trading is the key to generating $1,000–$1,500 weekly in the $6.3 trillion Forex market. In this guide, I’ll explain why indicators like EMA, RSI, and Fibonacci Retracements are unreliable, why simpler is better, and how to trade profitably with Price Action, plus a real trade example to prove it. Get my 5-Day Trading Mini-Course 1. What Are Forex Indicators? Indicators are tools that analyze historical price data to forecast potential market movements, like a weatherman predicting rain. They provide indications, not guarantees. Key Characteristics: Function: Indicators process price data to suggest if the market will go up or down (e.g., buy above a moving average, sell below). Types: Common indicators include Exponent...