Your favorite indicator

[nyc-hotshot]

Quote from TheRumpledOne:

INDICATORS ARE FOR SUCKERS when it comes to trading.

RSI(2) is great for STOCK SELECTION - timing tops and bottoms.

But once the trade is on THROW AWAY YOUR INDICATORS and use horizontal lines.

LOL, I use DMI / ADX mostly along with futures.

Indicators are not for suckers. Maybe YOU are a sucker the way you use them, but don't make unsubstantiated blanket statements that everybody who uses indicators is a sucker.

Maybe you should tell my bank account about what a sucker I am for using indicators.

 

[JimmyJam]

Quote from nyc-hotshot:

LOL, I use DMI / ADX mostly along with futures.

Indicators are not for suckers. Maybe YOU are a sucker the way you use them, but don't make unsubstantiated blanket statements that everybody who uses indicators is a sucker.

Maybe you should tell my bank account about what a sucker I am for using indicators.

Not for noth'in but you're pretty good if you're making with that combo. (and I do belive you are).

They need trediness, and the ES has a lot of chop to it.

Hope you caught the upsurge, I like system trading myself, so (as part of my system) I'll be looking to fade it.

Best Regards,

JJ