Indicators

[Turveyd]

I trade of 3 envelopes, gives me simple direction and some range / wibble room to ignore noise, interested pic attached, I use M1 but does scale to anything with just making range wider.

Lack of Intraday movement, making it slow going

 

[Scataphagos]

I find that the RSI indicator is useful

It is. One thing, it's not as sensitive as %K... but still useful.Suggest displaying them both... might lead to some insight for you.

 

[Turveyd]

I've had you on the "back burner" of one's I perhaps should put on ignore. This post did it.

Shame, I like some of your posts, but ignore should be left for people trolling you, not trading disagreements.

No great loss, never seen any realistic trading advice from you, definately wouldn't listen to anything you say trading wise, 100% EGO!! Ego's don't work out good for trading!

 

[Lizard5980]

So if anyone has a difference of opinion, then rather than have your opinion challenged definitely putting everyone on ignore is defo the way to go!!! People these days!!


* Unless there a total sub 90IQer/Trump ofcourse then fair enough!

People are going insane lol.

 

[Scataphagos]

Guys saying that this and that doesn't work is because they haven't been able to use them successfully.
Indicators and TA don't work.
Neural network and MLP don't work.
Price action doesn't work.
Fibonacci doesn't work.

Might be the biggest pack of "misinformation" I ever heard about TA!

 

[Turveyd]

People are going insane lol.

I agree, but incase you later start disagreeing with me, I'm going to have to leave it there by putting you on ignore *





* not really !!

p.s. are you 1 of the lizard people trying to control the world ?? cause if so, your really getting there!

 

[savoir]

Indicators can be useful. For a beginner I like a bounded oscillator like the stochastic. It can be used to provide go/no go signals during strongly trending periods.

It needs to be calibrated to the market being traded, of course. Outside the 80 band will get the beginner in late and out early when it crosses back into the band. The point is to capture the middle part of a strong trend. This is the low risk period during which a beginner should be in the market. All other periods he should be sidelined.

 

[rb7]

Might be the biggest pack of "misinformation" I ever heard about TA!

I think you misunderstood me, or I wasn't clear enough.
I was just citing people when they say that this and that doesn't work.
I will try to be more direct and clear next time.

 

[Scataphagos]

I think you misunderstood me, or I wasn't clear enough.
I was just citing people when they say that this and that doesn't work.
I will try to be more direct and clear next time.

That's exactly what I meant. Everything you correctly listed is what people get wrong.

 

[KCalhoun]

the most useful indicators beyond price = prior days' OHLC, range, and whole number s/r levels. in other words, PRICE