Indicator Traders - Put up or shut up

Quote from tradingbug:

agreed.....its absolutely uncalled for and is sickening.

the kind of character that someone must have to make those kind of comments are unbelievable.

What character . . . but enough said about the bottom feeders.
 
Quote from daniel33:

Before I proceed I want to apologize for the aggressive "Thread Title", just meant to grab your attention :)

I'm a student of price and I use nothing but price and horizontal lines in my charts, it works for me but I can't help noticing the countless traders here on ET that keep saying indicators assisting price reads are the way to go, yet the claims are never supported with illustrations and studies.

In my eyes, in my experience, price is all you need and I never found the benefits of indicators. On the contrary, they clouded my judgement, and I'm fine with just using price.

However, what I'm not at ease with is when people make these claims that there are benefits in the usage of indicators and leave it at that, like some sort of mystical encounter.

If you are going to claim that you saw an alien, well at least provide a picture of ET you know.

Thank you for reading, looking forward to intelligent discussions.

Daniel




It may be your thread, but you did place it in the TA forum-and i for one would like to see how exactly you use your horizontal line indicators:D

Fib levels, S&R lines are all horizontal lines too.......never did figure them out, surely you can be of assistance:p
 
Quote from acronym:

It may be your thread, but you did place it in the TA forum-and i for one would like to see how exactly you use your horizontal line indicators:D

Fib levels, S&R lines are all horizontal lines too.......never did figure them out, surely you can be of assistance:p
Not to mention price action itself.

LOL

These threads are fun, and educational in their own way.
 
Quote from MandelbrotSet:

Not to mention price action itself.

LOL

These threads are fun, and educational in their own way.

Indeed, they are.

I will always remember my classic post, where i accurately predicted the price of oil, more than six months out, but you know, if i could remember how to post charts, well.....game on, buuut i cant.

And i am but a simple charting guru, after all.
 
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