What indicators do you use and why?

Why would anyone use volume ? All it shows is the number of contracts that have traded at different prices.

What happens next is a pick 'em.

ABC1
 
Quote from Buy1Sell2:

Volume is an indicator that should be discarded. It is too easily misinterpreted. Thank you for your time. :)


Very, very wrong imho -
it gives an extremely early view of what is going to happen - most of the time -
as far as intra day trading - short term -
is concerned.
 
Quote from TradEStar:

I have been noticing how good this works also but I do not even use trend lines. I do use price channels for a guide, but my primary tools for taking DAX trades has been a non standard MACD and Stochastic set up. The DAX has had excellent trading for almost a year now since I started to trade it.

May I ask for a few more details regarding
these "non standards" since I'm interested, too in the DAX.
I woul not spoil your business I suppose -
lol.

Thank you
Charly
 
Charly,

For futures I use settings that are much faster than the typical settings used by most others. My indicators synchronize well and get in a good rhythm with the shorter term cycles of the market I trade.
 
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