K krisburg Newbie Messages 2 Likes 0 Mar 5, 2008 #1 Anybody have any experience using these? Any comments are to their usefulness?
nine Senior member Messages 2,042 Likes 509 Mar 5, 2008 #2 They are another indicator. In the end you would be better off devoting yourself to either trading price action with support and resistance (see stuff by dbPhoenix) or bounces off moving averages (a simple system like the floor trader's system in http://www.trade2win.com/boards/general-trading-chat/29598-useful-things-i-ve-found-net.html) Learn these things because they are about interpreting the actual market action.
They are another indicator. In the end you would be better off devoting yourself to either trading price action with support and resistance (see stuff by dbPhoenix) or bounces off moving averages (a simple system like the floor trader's system in http://www.trade2win.com/boards/general-trading-chat/29598-useful-things-i-ve-found-net.html) Learn these things because they are about interpreting the actual market action.
rathcoole_exile Guest Author Messages 3,925 Likes 767 Mar 7, 2008 #3 underwhelming response, which tells it's own story. Kris, forget these Holy Grail indicators and do what Nine recommends
underwhelming response, which tells it's own story. Kris, forget these Holy Grail indicators and do what Nine recommends
K krisburg Newbie Messages 2 Likes 0 Mar 7, 2008 #4 Thank you Nine, and rathcoole_exile. I'll check out these links.