The Best Trading Proverbs

Stochastic needs permission from MACD and both need permission from two line SMA trend.

I think it is more like market don't care about what MACD, Stochastic, Bollinger, Fibonacci, Ichimoku .... say.

It moves where and when it wants to move. And no indicators can stop it.

That's why all indicators must be eliminated.
 
BEST OF BEST TRADING PROVERB IS :

Market moves where and when it wants to move.
Absolutely no indicators can stop it.


Fibonacci, Bollinger, MACD, Ichimoku, Aroon, Chaikin, DiNapoli, Aroon, Ergodic, McClellan, Williams, Zanger are powerless to stop market from moving where and when it wants to move !!!
 
"The price is an integral part of every complete judgment relating to securities. In the field of common stocks, the danger of paying the wrong price is almost as great as that of buying the wrong issue. The new-era theory of investment left price out of the reckoning, and this omission was productive of most disastrous consequences."
- Benjamin Graham, Security Analysis, 1934 Edition
 
Back
Top