TRIN or TICK...the HUGE Question...very serious and important..please read!!

Quote from increasenow:

dont you agree...thw $Tick is perhaps the best single indicator to use!
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Tick/trick.....Trin/spin.....

NOPE---The best single indicator to use is price action.
 
Quote from BSAM:

NOPE---The best single indicator to use is price action.
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okay...please explain what you exactly mean..in easy to understand terms so al can understand...perhaps point by point...
 
Newbie will fall in love with many alluring mistresses, first TICK, then TRIN, then PREM (if you last that long) and finally discard them all.
 
Quote from gnome:

TRIN = Virtually useless

TICK = Can be short term useful for scalpers. Validity measured in minutes.
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I agree. The TRIN is rubbish. However the TICK can be of value for ultrascalpers
 
if you know what to do with it - its killer!

fyi i like the ticki and the tick too, prem dont care about much.

please consider the trin again :D
 
Quote from satchel:

Newbie will fall in love with many alluring mistresses, first TICK, then TRIN, then PREM (if you last that long) and finally discard them all.
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I couldn't agree more. Early on in my career I charted all these indicators along with the a/d line put/call ration etc. I still use a few of these popular indicators but in a different way than the TA book authors describe. Anyway price is the most important of all indicators. But then again if you are making money you already knew that.
 
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