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
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.
Feb 13 2012 at 07:11
Hi, rsi, stochastic, bollinger, entering M1, checking support and resistance on others, hope this help.
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.
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.
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!
Pips for everyone!
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.
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...
KISS, S/R and 2 x SMA's, I trade any symbol and only use daily for signals.
:)
Miike
:)
Miike
Feb 22 2012 at 09:47
there is only one. Elliot waves. others are all junk.
Aug 18 2012 at 01:08
It's all in the price action.
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 😄.
I use no indicators. Just use candle sticks and Japanese traditional method 'Sakata'.
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!
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
Sep 16 2012 at 06:06
I use MACD which 13.21 55, RSI14, excellent
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! ^^
Mar 03 2015 at 07:55
hkg6120 posted:Great !
I use no indicators. Just use candle sticks and Japanese traditional method 'Sakata'.
Against the trend!
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
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)
Mar 19 2015 at 11:02
RSI and MacD
Mar 19 2015 at 19:27
Thx to John Bollinger
