Vote for a technical indicator, for daytrading

what indicator do you prefer for day trading

  • RSI

    Votes: 9 27.3%
  • MACD

    Votes: 15 45.5%
  • ADX

    Votes: 7 21.2%
  • Ultimate Oscillator

    Votes: 2 6.1%

  • Total voters
    33
None of these, only combinations and a good eye

Trade with 2 WMA - weighted moving averages or perhaps EMA

Directional warning with Stoch and CCI and MACD

Example: Forex pairs with 180 min. WMA 10 and WMA 30, Stoch 21,21,3 and CCI 30,18 and MACD 18,39,13

Reading these properly (lots of paper trades as exercise), looking at charts once a day, trading a pair every 3 to 5 days brings about 300 to 700 pips a month - easy and safe money.

Happy trading, Felix
 
I put macd but only for how it is constructed compared to others. Don't use any on the list just price and a few moving averages.
 
Quote from Lamont_C:

What is it about "none" that is confusing?

Price alone is sufficient.

LC

like optioncoach has it, if a gun was put to your head

Quote from optioncoach:

If you put a gun to my head..... MACD.

don't come up with something silly like i would pull my gun out too

obviously you didn't have to answer if you didn't want to, so don't forget that, none was not an option

i am thankful of everyone who responds, but someone acting like a smart ass is just silly
 
Quote from thesharpone:

like optioncoach has it, if a gun was put to your head



don't come up with something silly like i would pull my gun out too

obviously you didn't have to answer if you didn't want to, so don't forget that, none was not an option

i am thankful of everyone who responds, but someone acting like a smart ass is just silly

You think the none choices were acting like smart asses then you are truly missing the point they were trying to make.
 
Quote from optioncoach:

You think the none choices were acting like smart asses then you are truly missing the point they were trying to make.

It's a form of deafness common to beginners. :)

LC
 
Can a price trader please explain how you trade on price without looking at anything else, not even support or resistance or any other patterns?

Do you just watch a stock tick up for a while, and then when it stops ticking up, you short it? Or if you see a stock that's been flat start to move in one direction, you enter in the same direction?
 
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