I am trading YM for the last month and am trying to acquire some extra helpful Indicators that would compliment my YM strategy I have developed using Pivont points and S/R.
First all, would Indicators such as the TRIN, TICK, VIX,or Advanced/Declining stocks be of use to incoperate with PPs and S/R points ?? Also what about Candlesticks ?? Would it be good to use them to confirm potential bounces off S/R ?? Such as a long legged Reversal Hammer approaching S1 ??
Would this be a good clue that a bounce back up could occur and that a possible Fad to the Longside would be advantageous ??
Anyway, where can I find real time stats for TRIN, TICK, VIX, and Advanced/Decline NYSE Stocks ??
Thanks
First all, would Indicators such as the TRIN, TICK, VIX,or Advanced/Declining stocks be of use to incoperate with PPs and S/R points ?? Also what about Candlesticks ?? Would it be good to use them to confirm potential bounces off S/R ?? Such as a long legged Reversal Hammer approaching S1 ??
Would this be a good clue that a bounce back up could occur and that a possible Fad to the Longside would be advantageous ??
Anyway, where can I find real time stats for TRIN, TICK, VIX, and Advanced/Decline NYSE Stocks ??
Thanks
