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It seems like everybody goes crazy over these “hot” forex trading systems that are covered with indicators. It’s hard not be one of the sheep and get caught up in it. But for people that are tired of these indicator systems, they have to be wondering if they can actually be rich if they traded forex with no indicators?

If you want an answer to this question, all you need to do is take a step back in history and read about what the most successful traders used in the trading.

You could start by reading about traders like Jesse Livermore. Livermore struck it rich in the stock market at the turn of the 20th century. He was a floor trader and the only thing he cared about was trading the price action of stocks.

Not to bad for somebody who didn’t even use a simple chart to help him trade. The only thing that mattered to Livermore was what the other floor traders were doing doing to the price of the stocks, and made his trading decisions based on that.

If a trader at the beginning of the 2th century can become rich trading without any indicators, or even a chart, what excuse do you have?

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 clear out your charts of these indicators, you finally get a chance to understand the underlying reasons why the market moves the way it does. You finally get to see it as a form of energy and as a living, breathing thing.

Once you see the market this way, its very hard to go back to moving averages.