What Technical Indicators do you rely on before entering a trade?

Feb 12, 2012 at 07:39
Vistas 3,194
41 Replies
Miembro desde Feb 11, 2012   posts 2
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
forex_trader_64453
Miembro desde Feb 03, 2012   posts 35
Feb 13, 2012 at 07:11
Hi, rsi, stochastic, bollinger, entering M1, checking support and resistance on others, hope this help.
Miembro desde Feb 11, 2012   posts 2
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
forex_trader_64453
Miembro desde Feb 03, 2012   posts 35
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!
Miembro desde Jun 12, 2011   posts 51
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.

Miembro desde Feb 21, 2012   posts 1
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 😁
StopLoss is friend, not foe...
Miembro desde Dec 02, 2011   posts 8
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_
forex_trader_66024
Miembro desde Feb 16, 2012   posts 83
Feb 22, 2012 at 09:47
there is only one. Elliot waves. others are all junk.
myfxpt
forex_trader_43716
Miembro desde Aug 06, 2011   posts 345
Aug 18, 2012 at 01:08
It's all in the price action.
Miembro desde Jan 14, 2010   posts 556
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 😄.
Miembro desde Aug 20, 2012   posts 1
Aug 20, 2012 at 17:18
I use no indicators. Just use candle sticks and Japanese traditional method 'Sakata'.
myfxpt
forex_trader_43716
Miembro desde Aug 06, 2011   posts 345
Sep 11, 2012 at 23:46
Combining Larry Williams Percent Range, False Break Buy/Sell Pattern, an 18-Period SMA, with tight money management is generating excellent results for me...so far!
Miembro desde May 17, 2011   posts 19
Sep 15, 2012 at 22:11
All TF -from 1M to H4 and MACD, TMA, Bollinger Bands, S/R levels ,pivot levels ...and ...common sense ;)
Lack of patience is one of the most important reasons of forex traders failure
Miembro desde Sep 12, 2012   posts 1
Sep 16, 2012 at 06:06
I use MACD which 13.21 55, RSI14, excellent
Miembro desde May 30, 2012   posts 134
Sep 16, 2012 at 14:48
Price action and simple math
I am the change in the market that causes you to lose :p / Watch out before I negative pip you! ^^
Miembro desde Feb 23, 2015   posts 1
Mar 03, 2015 at 07:55
hkg6120 posted:
I use no indicators. Just use candle sticks and Japanese traditional method 'Sakata'.
Great !
Against the trend!
Miembro desde Feb 04, 2015   posts 12
Mar 03, 2015 at 13:31
The most popular (and I agree with it) - is moving. I know almost all indicators which are based on MA, but moving lines are the fastest
Read, Learn, Earn
Miembro desde Jan 31, 2014   posts 83
Mar 03, 2015 at 13:45
Price Action only on 1Hr Chart and above.
Si eius XCIX% Ius ergo est Nefas - Sileo processus (If its 99% Right then it is Wrong - Restart the process)
Miembro desde Feb 27, 2015   posts 18
Mar 19, 2015 at 11:02
RSI and MacD
PhamTranandAssociates@
Miembro desde Nov 21, 2011   posts 1718
Mar 19, 2015 at 19:27
Thx to John Bollinger
Conectarse / Inscribirse to comment
You must be connected to Myfxbook in order to leave a comment
*El uso comercial y el spam no serán tolerados y pueden resultar en el cierre de la cuenta.
Consejo: Al publicar una imagen o una URL de YouTube, ésta se integrará automáticamente en su mensaje!
Consejo: Escriba el signo @ para completar automáticamente un nombre de usuario que participa en esta discusión.