Quote from: jjohnathn on September 27, 2018, 08:10:01 AM

Quote from: Andrey123 on September 24, 2018, 08:59:34 AM

Bitcoin is useless to analyze.
All forecasts are correct only in the past.

Indicators are useful until everyone knows it. Then it becomes useless. I fear these counter indicators has been exposed too much and is now broken.

Lol. Indicators will always be useful as they tend to give you sense of direction, but you also have to understand that as a trader, we are sometimes just like puppets and even as indicators may be giving directions, you also still have to keep in mind that the market can be manipulated which is why there is stop loss.

Nevertheless, if you use indicators as basis and you are able to do your TA well, you will realize that you are still better off with them anyway than not using them at all. This is the reason why a lot of people tend to consider different options when using indicators to make decisions in the market, and no matter how exposed they are, it is not going to change the fact that they still give you a sense of what to do with all things being equal.