006PT (Page 6 of 9)
Disadvantages of Indicator-Based Trading

No one knows what’s going on behind the attractive outward appearance of many indicators. As a result, there’s no way to tell if the indicators would give good or bad signals without rigorously testing them out.
Many indicators repaint their signals, deceiving unknowing traders about their accuracy.
Indicators can either lead or lag. Not knowing which one yours is doing could lead novice traders to making a lot of mistakes when trading.

Data source: Internet
Shari'ah compliant group

ये वीडियो एक बार जरूर देखें, और इसे अपने मस्जिद के इमाम साहब और मस्जिद के ज़िम्मेदारां के पास भेजे, या उनसे मुलाकात करके ये वीडियो दिखाये या उन्हे खुद समझाए, इस वक़्त मस्जिद मे Ac लगाने से ज्यादा जरूरत कैमरा लगाने की है, जिससे हमारे बेकसूर मुसलमान भाई झूठे केस मे ना फसाये जा सकें...
ज्यादा से ज्यादा अपने Emam aur Zimmedar को Convince करने की कोसिस करें..

007PT (Page 7 of 9)
Differences Between Price Action and Indicator-Based Trading

Indicator-based trading is easier and faster to learn for novice forex traders than price action trading. Note that “easier” and “faster” don’t necessarily translate to “more profitable.”

Indicators are automatically drawn on the chart. Price action patterns are drawn by the trader.

Because indicators are automatically drawn on the chart, their signals are often objective. They have their own meanings that are not subject to the interpretations of a trader.

And because price action patterns are drawn by the trader, the signals that develop depend on the trader’s interpretation of what they have drawn.

Indicators are often calculated based on specific prices, such as the opening and closing prices of certain periods. Moving averages, for instance, make use of the opening and closing prices of a set number period to plot its lines.

Although price action tools sometimes do this too, they often rely more on obvious visual patterns. For example, a pair is in an uptrend not because a calculation was done based on the previous candlesticks, but because the candlesticks simply look like they’re going up.

Data source: Internet
Shari'ah compliant group

TRADING L1

Volume & its relationship with price, is one of the key consideration an investor should bear in mind when deciding when to buy a stock.

For a price increase to be truly meaningful, it is Vital that the stock is being bought in heavy volume, because this is an important indicator of institutional buying.

If the drop is coming in large volume it could mean your stock pick is in danger of sinking as institutions throw their shares overboard.

One can be more comfortable holding onto a stock if its price is falling in light volume.

008PT
Which is Better? Indicators or Price Action?

The better technical trading approach between price action and indicator-based trading depends on your preferences as a trader. Each approach can only be as good as the trader using it.

An indicator-based trader might make consistently profitable trades based on just one indicator, while another one piles up to 5 indicators on their chart and still racks up consistent losses. Similarly, two price action traders may interpret the same price action differently and each could end up at the opposite end in terms of profit and loss.

Data source: Internet
Shari'ah compliant group

Article No. 001PT to 008PT read step by step

Last two 009PT & 0010PT will be share soon

Inshaallah

Alhamdulillah ☺️

🚫 STRICTLY PROHIBITED🚫
Paid promotions
Paid classes
Paid calls
Paid services

We are not promoting any app or website or stocks also 👍

Jazakallahu khair

💥 Correction in indices from 52 week highs :

Reality ~ 27.2%
IT ~ 22.1%
Financial ~ 19.6%
Media ~ 19%
Consumer Durables ~ 17.9%
Bank ~ 17.3%
Pharma ~ 14.2%
Auto ~ 13.4%
FMCG ~ 11.3%
Metals ~ 11.1%
Energy ~ 3.3%

🚫 STRICTLY PROHIBITED🚫
Paid promotions
Paid classes
Paid calls
Paid services

We are not promoting any app or website or stocks also 👍

Jazakallahu khair

Why should we join this group?

Share market me halal tareeke se kaam karne liye group join karen..

Our group Benefits

✅ Only Shariah compliance trades.

✅A platform for newcomers to learn and earn

✅Trade ideas with Proper buy & exit

✅Technical/Fundamental analysis support

✅Support during market hours

✅ Friendly environment

✅ Learning sessions for beginners

These all are like a premium service 😊

Basically we are trying to make our people financially strong & independent traders👍

Telegram: https://t.me/ShariahShare

For Backup Join FB Group :-
https://www.facebook.com/groups/222715995991078/?ref=share

Jazakallahu khair

⚠️ WARNING⚠️
Dear Members

Pls correct your name Or
Share
Name
Proffesion
Location.

Whose name is not correct, his doubts, questions will be ignored.

We can remove the suspicious members at any time without information.

Good Numbers..

008PT (Page 8 of 9)
Which is Better? Indicators or Price Action?

The better technical trading approach between price action and indicator-based trading depends on your preferences as a trader. Each approach can only be as good as the trader using it.

An indicator-based trader might make consistently profitable trades based on just one indicator, while another one piles up to 5 indicators on their chart and still racks up consistent losses.
Similarly, two price action traders may interpret the same price action differently and each could end up at the opposite end in terms of profit and loss.

Source: Internet
Shariah complaint group

India's exports surged 30.7% to USD 40.19 billion in April on account of healthy performance by sectors like petroleum products, electronic goods and chemicals, even as trade deficit widened to USD 20.11 billion during the month

0010PT (Page 9a of 9)

So, Which Should You Use? Indicators Or Price Action?

If you’re asking which of the two technical trading approaches to use, you might be focusing on the wrong thing here. Because we do recommend you to use both. Use the strengths of one to complement the weaknesses of the other.

Another way to use them both is to simply use one to confirm the other. When they both give out the “sell” signals, you sell. And when they are both signaling to buy, buy the pair. Otherwise, you steer clear of the trade.

The more familiar you get with both technical analysis approaches, the better you get at developing strategies to implement them into. However, if you find that you aren’t comfortable trading with either of them, stick with the one you’re more comfortable with

You may rely on the objectiveness of indicators to form your judgment based on the price action analysis

Source : Internet
Shariah compliance group