I’ve been trading for some time and I’m stuck in a cycle of doubt.
Some days, I swear by price action and a clear chart. Other days, I overload with indicators like RSI and MACD, hoping they’ll help me out.
What’s really been effective for you over the long haul?
I prefer to keep it straightforward with just price action and a couple of indicators. Price action gives you the overall trend, while RSI can show momentum changes.
Focus on price action first for your decisions and don’t rely too much on indicators. Start with the basics and only add indicators if they truly enhance your trading.
Been trading for years and both work when you actually understand them.
Started with indicators because that’s what everyone pushes on beginners. Spent months tweaking RSI settings and MACD parameters. Made some money but kept getting whipsawed on fake signals.
Went full price action purist for two years after that. Support, resistance, candlestick patterns. Worked better but I missed good momentum entries.
Now I use price action for setups and one momentum indicator for timing entries. Usually RSI or stochastic depending on the pair. Price action shows me where the trade is, indicator tells me when to pull the trigger.
Keep it simple and stick with whatever you pick for at least 6 months. Your problem isn’t the method - it’s jumping between them. Pick one approach and trade it until you know if it works for you.
Price action is key for entries. RSI can help you time your trades better.
Price action works add volume for better trades
Price action beats everything. Indicators just show you what already happened. I trade pure price action with key support and resistance levels. Clean charts let you see what actually matters. Too many indicators create noise and conflicting signals. Go with naked charts. Learn candlestick patterns at major levels. Maybe add one moving average if you must, but that’s it. Markets move on supply and demand, not RSI readings.
Stick with one approach and execute it consistently - that’s what matters, not whether you use price action or indicators. Don’t keep jumping between methods. I use price action for market context and add indicators for timing. Define your zones with price action first, then throw in a simple indicator if it actually helps your setup. You need at least 100 trades to know if your method works. Most traders quit way too early and never give their strategy a real chance.