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What Technical Indicators do you rely on before entering a trade?
Anterior 1 2 Siguiente
Trade4Profit

Miembro desde Feb 11, 2012  2 mensajes Jacob (Trade4Profit) Feb 12 2012 at 07:39
Many traders have different trading systems.

My question to experienced traders, is:

What technical indicators do you rely on before entering a trade?

AND

What time frame do you trade? example: M1 M5 M15 M30 H1 H4 D1 W1 MN

Losses happen, Limit them.
alphasys

Miembro desde Feb 03, 2012  21 mensajes alphasys Feb 13 2012 at 07:11
Hi, rsi, stochastic, bollinger, entering M1, checking support and resistance on others, hope this help.

eating pips!
Trade4Profit

Miembro desde Feb 11, 2012  2 mensajes Jacob (Trade4Profit) Feb 14 2012 at 07:42
Thanks Alphasys.

I've been relying on bollinger bands to catch small trends, which has been good to me so far, but I wanted to know what other indicators I should use.

Losses happen, Limit them.
alphasys

Miembro desde Feb 03, 2012  21 mensajes alphasys Feb 14 2012 at 18:18
Hi Jacob, also i enter depending on the open or closing time of markets, as for example when a market is going bull, 10 minutes before closing people start to sell, so its a retracement, if its near a support, rsi and stochastic say enter i go for it if it goes with the daily price.
Pips for everyone!

eating pips!
trader757

Miembro desde Jun 12, 2011  31 mensajes trader757 Feb 18 2012 at 01:28
I don't use any indicators at all. I just use support/resistance, candlesticks and patterns like double top, double bottoms, etc. That's all i need. No fancy indicators. For me they are useless.


Capriswine

Miembro desde Feb 21, 2012  1 mensajes Capri Swine (Capriswine) Feb 21 2012 at 07:33
Hi, I use simple ones like Stochastic and RSI for entry signalling... I'm more stringent when it comes to trend prediction, so I use Elliott Waves on H1 to D1 to make sure they all point towards the same direction lol

StopLoss is friend, not foe...
miike

Miembro desde Dec 02, 2011  8 mensajes Miike (miike) Feb 22 2012 at 09:45
KISS, S/R and 2 x SMA's, I trade any symbol and only use daily for signals.

:)
Miike

nordic_

Miembro desde Feb 16, 2012  83 mensajes Steve Walker (nordic_) Feb 22 2012 at 09:47
there is only one. Elliot waves. others are all junk.

Trade the Trend Defend to Price
myfxpt

Miembro desde Aug 06, 2011  204 mensajes Gary Sharp (myfxpt) Aug 18 2012 at 01:08
It's all in the price action.

Keep it simple!
James_Bond

Miembro desde Jan 14, 2010  554 mensajes James_Bond Aug 19 2012 at 12:31
I think if you look hard enough, you'll find patterns with every type of indicator or so called 'trading system'. Whatever makes you see those patterns, if you can profit from it, keep using it smiley.

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