Intraday Indicators

[Lucrum]

Quote from On.Target:

Do you have dementia?

not that I'm aware of

Here is an exact copy of your snide unwarranted remarks.

Do you need "conformation" that it's raining?
Do you need "conformation" that it's dark?
Do you need "conformation" that you have an erection?
Do you need "conformation" that you stepped in a pile of shit?
Do you need "conformation" that you were just rear ended sitting at a traffic light?
Do you need "conformation" that your your latest trade is deep in the red...or black?

They're just examples, don't pee in your panties over them.

Comments by they way you purposely ignored my response for.

You presume too much, probably because you're obviously a very emotional guy. On odd trait for someone as successful at trading as you claim.

You don't know how, I or others that trade consistently, use them

I don't need to know. I'm not trying to convince anyone to stop using them dopey. I have and am merely stating a FACT. Yet again, if you choose to exercise your prerogative to tell/convince/delude yourself into thinking a lagging indicator of what has already happened somehow confirms what has already happened. Have at it. You have my blessing. Please, carry on.

The OP asked for opinions, I gave him mine.
If it hurts your little feelings...well...that's just tough shit I guess.

 

[On.Target]

Quote from Lucrum:

The OP asked for opinions, I gave him mine.
If it hurts your little feelings...well...that's just tough shit I guess.

You really have social issues.
Hopefully you don't have family members you subject them to.

IGGY 2U2

 

[Lucrum]

Quote from On.Target:

You really have social issues.

If you mean I tell it like it is, I guess I do.

 

[On.Target]

It absolutely amazes me why one's opinions, especially as they relate to trading, stir up such ugly emotions.

I see so much of this an don't understand why this energy isn't redirected toward something positive.

I see and know successful traders that read naked price bars that are consistently profitable, I see and know consistently successful traders that trade with nothing but the DOM and I have seen traders use a small number of indicators or like myself, a single indicator to consistently trade with a great deal of success. What I have never seen is anyone consistently trade successfully on a chart cluttered with indicators. Will I beat my chest making rude remarks telling the world it can't be done? No! I will simply hold that opinion as true until someone proves it otherwise.

I won't JUST trade the DOM and I won't just trade price bars. Not because I couldn't learn to do it but because I already do something different and am profitable. Would I tell any of my successful friends or strangers for that matter that trade differently than I do that what they do is inefficient, stupid or make snide remarks about their chosen method, absolutely not. It serves no purpose and is completely counter-productive.

Opinions are like a __holes, everyone has one and some pass the smell test better than others.

 

[Lucrum]

Quote from On.Target:

It absolutely amazes me why one's opinions, especially as they relate to trading, stir up such ugly emotions...

Opinions are like a __holes...

Funny, I was thinking the same thing.

 

[ammo]

Quote from On.Target:

It absolutely amazes me why one's opinions, especially as they relate to trading, stir up such ugly emotions.

I see so much of this an don't understand why this energy isn't redirected toward something positive.

I see and know successful traders that read naked price bars that are consistently profitable, I see and know consistently successful traders that trade with nothing but the DOM and I have seen traders use a small number of indicators or like myself, a single indicator to consistently trade with a great deal of success. What I have never seen is anyone consistently trade successfully on a chart cluttered with indicators. Will I beat my chest making rude remarks telling the world it can't be done? No! I will simply hold that opinion as true until someone proves it otherwise.

I won't JUST trade the DOM and I won't just trade price bars. Not because I couldn't learn to do it but because I already do something different and am profitable. Would I tell any of my successful friends or strangers for that matter that trade differently than I do that what they do is inefficient, stupid or make snide remarks about their chosen method, absolutely not. It serves no purpose and is completely counter-productive.

Opinions are like a __holes, everyone has one and some pass the smell test better than others.

the ego,the self as a child that doesnt get shed like a snakes skin as an adult,is behind,greed,murder,hatred,war ,,pestilence, it's mankind's achilles heel,and if coddled by a a trader,brings ruin

 

[Lucrum]

Quote from On.Target:

Situation:

You're at a Toronto baseball game and Jose Bautista is at bat, Beckett is pitching for the Red Sox and Jose connects with a sweet pitch that send the ball flying.

You can follow the ball's trajectory to KNOW it's heading toward the outfield. You can't predict whether it will clear the wall but still, you KNOW the direction.

Could you immediately place a bet on that specific direction after first confirming the trajectory?

Absolutely. The ball doesn't have to clear the wall to know which direction it is going and the power behind the swing. I didn't say I would bet on the outcome of the hit just the direction and power behind the hit.

Based on the specific price action of a single chart one can see "the market" connect with a "sweet pitch" sending price on a clearly visible trajectory. A trader need only execute a trade based on that trajectory until the slope of the trade "ball" begins to loose strength which is where the trader exits the trade and pockets a small but consistent chunk of profit.

One NEVER needs to predict where a trade will finish just view the trajectory and slope in order to profit from its movement.

Oops, that bit of information cost me a few million dollars and I just gave it away for free. It's OK though because there are very very few people on this site that even understand it let alone could capitalize on it.

Hey, you know what all of the "experts" on this site say don't ya? Indicators lag so they can only tell you what happened in the past?

(One second ago is the past right?)

Here's the pitch . . . here's the swing . . . he connected . . . it's going . . . going . . . it's outta here!

Another profitable trade concluded.

And what indicators does the typical batter or outfielder use to confirm the direction and slope the ball is flying?

Whatever they are hopefully for their sake, they're not lagging indicators.

 

[Lucrum]

Quote from jack hershey:

So .....you can't play baseball either.....

Senility must be a bitch jack.

Did you not understand the question?

 

[Tonkadad]

Quote from jack hershey:

So .....you can't play baseball either.....

Actually I thought his post was quite humorous, if this is what is to be expected when senility strikes, the world could use some more senility.

 

[Lucrum]

Quote from Tonkadad:

Actually I thought his post was quite humorous, if this is what is to be expected when senility strikes, the world could use some more senility.

Maybe I'm missing something. Could you tell me what "indicators" the typical batter or outfielder uses to confirm the direction and slope the ball is flying?