Indicators for trading the Dow

Minder

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Simple question, what indicators are the most suitable for trading the major indices,

Fib, RSI, Support / Resistance, Bollinger bands ?
 
JonnyT said:
Non, Ziltch, Zero.

JonnyT

You seem to be compelled to respond to threads to which you can offer absolutely nothing constructive. Terrible thing, OCD, but help is available. Try here for a start.
 
Minder,

I suffer from Aspergers Syndrome.

I also have an IQ above that of Einstein, so really I cannot help it.

There was serious intent in my reply in that I think it is foolish to trade with indicators and you are inevitably behind the price action.

JonnyT
 
Dow indicators

Minder said:
Simple question, what indicators are the most suitable for trading the major indices,

Fib, RSI, Support / Resistance, Bollinger bands ?


For the DOW
Try Williams % R with Parabolic and Bollinger and two M/A cross overs 5 exp & 10 exp with a 5 min live chart
If you day trade intraday and can screen watch
regards :rolleyes: :rolleyes: :rolleyes:
 
Novice Traders and grail hunting

Pointless question which some never grasp, the obvious answer, that WHAT WORKS FOR SOME PEOPLE DOES NOT WORK FOR OTHERS. Get off your butt and experiment . There is no "Most Suitable " indicator, to seek same is to join the lazy and foolish on a grail search. Sorry, but you have t make an effort and study plus experiment to find what suits YOU.
Why trade second hand lagging information?
Start by using the "search" facility at the top of this site: "FIRST STEPS" for example and the "Traderpedia" at the top of this page but it means you must make an effort and study/compare/test etc rather than expect the "most suitable indicator" to fall into your lap from the membership here. :rolleyes:
 
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neil said:
Pointless question which some never grasp, the obvious answer, that WHAT WORKS FOR SOME PEOPLE DOES NOT WORK FOR OTHERS. Get off your butt and experiment . There is no "Most Suitable " indicator, to seek same is to join the lazy and foolish on a grail search. Sorry, but you have t make an effort and study plus experiment to find what suits YOU.
Why trade second hand lagging information?
Start by using the "search" facility at the top of this site: "FIRST STEPS" for example and the "Traderpedia" at the top of this page but it means you must make an effort and study/compare/test etc rather than expect the "most suitable indicator" to fall into your lap from the membership here. :rolleyes:

You assume too much.
 
Hi Joules, I do so agree with you about the MACD I have tweaked it and have used it to swing trade for some time now.
I use it with another private set up and have good consistant results.
Thank you for the info in your post .
Best Regards
 
Thanks to all who offered information so freely, plenty of information to consider.

Much appreciated.

Regards

Minder
 
Hello Minder. You are your own person and you know what is best for yourself. Why don't you just trade your chosen indicator/signal and never ever look at price....never? Will you do this? If not.....why? You probably will not.....why? People who use indicators/signals are half way there because they also use price. I guarantee you that price action is more accurate than any indicator that is around or will ever be around. Any indicator/signal plays second fiddle to price. I hope you enjoy trading, it will certainly keep you on your toes and keep your brain alive. Once you get the hang of price action you will feel better about yourself and the markets....honestly. Good luck in the future.
 
2 minute MACD on the emini's has a surprisingly good strike rate, price action is king, but the MACD is the prince of indicators!
 
I used to believe market commentry about volume.....until i realised they were really talking about S/R.
 
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