| |||||||
| |||||||
Choose one indicator, your life depends on it!
This is a discussion on Choose one indicator, your life depends on it! within the Indicators forums, part of the Technical Analysis category; Picture this: You are being held at gun point and forced to trade forex! You can have just one SINGLE ...
 |
| |||
   |
| | LinkBack | Thread Tools |
Mar 2, 2009, 5:25pm
| #1 |
| Rookie Join Date: Mar 2008 Posts: 16
| Choose one indicator, your life depends on it!
Picture this: You are being held at gun point  and forced to trade forex!  You can have just one SINGLE indicator to help in making your buy/sell decisions  Which indicator would YOU use (and how  )?
|
 
|  |
|
Mar 2, 2009, 5:28pm
| #2 |
| Banned  Join Date: Aug 2003 Posts: 5,112
|
Price... by watching it... |
|
| |
 The post above is recommended by: zupcon
, rawrschach
, foredog |
|
Mar 2, 2009, 5:39pm
| #3 |
| Rookie Join Date: Mar 2008 Posts: 16
| 
wasp, based just on price, how would you make a decision on, say, a chart showing nothing but red on all time frames? How long would you wait to decide to enter long/short and what would you base your decision on? |
|
| |
|
Mar 2, 2009, 5:41pm
| #4 |
| Banned Join Date: Aug 2003 Posts: 5,112
|
lol... 15 years study, summarized in one paragraph... ain't gonna happen! |
|
| |
| The post above is recommended by: new_trader |
|
Mar 2, 2009, 5:43pm
| #5 |
| Rookie Join Date: Mar 2008 Posts: 16
|
Thanks wasp. My original question is still open to further suggestions. |
|
| |
|
Mar 2, 2009, 6:21pm
| #6 |
| Member Join Date: Jul 2006 Posts: 58
|
stochastic oscillator would be my favourite, combined with price action. by the way: is there somebody able to do something useful with ichimoku? i get headache when i look at it. |
| |
|
Mar 2, 2009, 6:28pm
| #7 | |
| Senior Member  Join Date: Jan 2006 Location: London Posts: 326
 | Quote:
| |
|
| |
|
Mar 2, 2009, 9:49pm
| #8 |
| Legendary Member  Join Date: Jun 2007 Location: Krung Thep Mahanakhon Posts: 2,800
|
well, we had the first rain of the year yesterday, even though the Rainy Season doesn't start properly until next month. So, this time of year I always switch to my most prized and reliable indicator - RAIN. when it's wet go Short, when the rain ceases for a while, go Long. I'd rather use rain than shyte like Stochastics etc
__________________ how to speak Norn Iron: http://www.youtube.com/watch?v=zJH3_...eature=related if u can't accept that only 2 or 3 trades out of 10 will be small winners, & that 2 or 3 will be scratched for even & that 3 or 4, even 5 will be losers, with possibly only 1 in 10 trades being "payday" then u shouldn't even consider trading my Opinion is never "humble " karl6666: 'Why doesnt anybody like you R_E is it because you shout?' new_trader is to trading advice what air france are to aviation |
| |
|
| Currently Active Users Viewing This Thread: 1 (0 members and 1 guests) | |
| Thread Tools | |
| |
Similar Threads | ||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| Audio: The eurozone depends on a US recovery | FT.com | Podcasts | 0 | Dec 15, 2008 2:10pm |
| Which one would you choose? | rlyewave | First Steps | 2 | Jun 10, 2008 8:28am |
| Who to choose? | sneaky c | First Steps | 1 | Oct 14, 2005 8:26pm |
| How do you choose? | RUDEBOY | General Trading Chat | 7 | Aug 13, 2005 6:29pm |
| Which contract to choose? | pratbh | Spread Betting | 6 | Sep 1, 2004 10:07am |
| New To Site? | Need Help? |
| Special Offers for T2W Members* | ||||
|---|---|---|---|---|
 ChoiceTrade30 Free Trades in 30 Days | Galvan  Free Special Report | optionsXpress Low Rates from $1.50/contract | | |
| * Offers open to new clients only. ** Just enter promotional code T2W100 when opening an account. T&Cs Apply. | ||||
All times are GMT -4. The time now is 6:55pm.
Copyright © 2001-2009 Trade2Win Ltd
