ES Journal - 2015

I also don't use indicators. For every one that works, 3 don't and for every time an indicator works, it doesn't the next time. Maybe that's why there are so many of them becuase none of them are reliable. There are folks here who love them - great. Use what works for you.

The only indicator I use is price. Keep it simple!
 
artemstreb said:
any one longed from open is a god,the rest you,running for scapts?

any long here,a moron:)
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This has more to do with the bond market's perception of when the fed will raise rates. soft jobs report = delay in fed raising rates which is bullish for equities, you are right though its very counterintuitive. Also, there is an expression in the US, "you catch more flies with honey" so arguing with someone over their perception of how things are may be counter productive. Buy1 for example started this thread many years ago but you guys are calling him names, I have found that showing respect to people who have made it in this very small business goes a long way. By the way you don't ever have to agree with someone else's perception/trading thesis, but you may be closing yourself off to new information....carry on.
 
Tech Analysis said:
I also don't use indicators. For every one that works, 3 don't and for every time an indicator works, it doesn't the next time. Maybe that's why there are so many of them becuase none of them are reliable. There are folks here who love them - great. Use what works for you.

The only indicator I use is price. Keep it simple!
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That's fine. Everyone is welcome to use whatever entry/exit system that they would like to. The edge though is in prudent use of capital and that must be part of every system.
 
kinggyppo said:
This has more to do with the bond market's perception of when the fed will raise rates. soft jobs report = delay in fed raising rates which is bullish for equities, you are right though its very counterintuitive. Also, there is an expression in the US, "you catch more flies with honey" so arguing with someone over their perception of how things are may be counter productive. Buy1 for example started this thread many years ago but you guys are calling him names, I have found that showing respect to people who have made it in this very small business goes a long way. By the way you don't ever have to agree with someone else's perception/trading thesis, but you may be closing yourself off to new information....carry on.
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Don't give me too much credit. I am wrong a lot and not ashamed to admit it.
 
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