In the forex world, we are currently living in a time wen trader are getting constantly bombarded with new indicator-driven trading systems. It's hard to fall into the trap. But for those that have gotten tired of all the hoopla, these traders have to be curious if they can become rich by trading without indicators?



Well, to answer that question, all you have to do is look at the history of the most successful traders of all time.

Take a look at Jesse Livermore. He became extremely rich at trading the stock market in the later 1800s and early 1900s. He was a floor trader and the only thing he based his trading decisions on was the price action.

What makes it so impressive is that it's not like he was able to even follow a chart. All he did was pay attention to how market traders were moving the price. It was all in his head. Not even so much as a bar or candlestick chart.

If somebody like this can become rich trading without any kind of indicators, then there is no excuse for anyone else.

Can you actually think of another way for somebody to truly understand the market without using price action. If you look around at all these indicators, then you can't help but notice that nobody knows what any of them actually mean. They can be taught the system and the rules, but can they tell what it has to do with the reason why the market will go up or down?

When you are able to get rid of these indicators from your charts, then and only then will you be ale to follow the reasons why the market go up, down, or stay range bound. You truly get to see the market as a ball of energy, not just numbers.

When you finally have the luxury of seeing the market this way, you can never go back to using those indicators that everybody else does.