They are just lagging indicators derived from price. Master PA and you will never need any derivatives after thatThat's because you don't understand how they are used.
They are just lagging indicators derived from price. Master PA and you will never need any derivatives after thatThat's because you don't understand how they are used.
lol what integrity? "Old friend"
WTF is your run? Zero proof that you earned a dime.
I posted my IRA gain from yesterday... where is your RUN?
What are you agreeing with?I would agree. I think they can be very useful on 30m and higher for swing trades (esp RSI divergence), but anything less than that, in my experience, they are just too unreliable to make split second decisions with. Price action and tape reading are the only things that I see working even remotely when competing with the bots.
How what are used?
What are you agreeing with?
Oh ok--I didn't see that discussion. I actually use a MACD, BB, RSI price combo coupled with Prudent Risk Management. I've found this along with a 3 time frame review to be the best for me at determining direction.Essentially that RSI and MACD are difficult to use and make money consistently when day trading. Hard to tell who's blocked and who's not in here.
Thanks for the advice but I've been trading for 20 years. BTW price also lags or there would be nothing to print. I use mo indicators to confirm or negate PA signals and not as signals except for major divergence across two adjacent tf's, which is a very reliable reversal signal....You're welcome.They are just lagging indicators derived from price. Master PA and you will never need any derivatives after that
I find value in these sentiments.Thanks for the advice but I've been trading for 20 years. BTW price also lags or there would be nothing to print. I use mo indicators to confirm or negate PA signals and not as signals except for major divergence across two adjacent tf's, which is a very reliable reversal signal....You're welcome.
Out at 2670.5 for gain of 80.25 pts. With potential gap fill below coming, I'll take profit here.Long 2590.25. Initial stop 2495.00