Thread: Looking for Indicators That Suit Me

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  1. #1

    Default Looking for Indicators That Suit Me

    So far, in my quest for developing a system, this is what I've learned:

    There seems little difference between bears and bulls--they both aspire to buy low and sell high, and everything about differentiating them complicates the matter.

    I'm looking for indicators that help me do this, the best; following a prime one, followed by a secondary, seems to be what constitutes a system, coupled with money management.

    Okay; just what should be the indicators ought to follow, given all I'm trying to do is buy low, and sell high? All the technical jargon seems to be obscuring this--now I understand this, though, it's helping me focus on what I'm trying to do.

    There are five main ones for futures, right?
  2. #2

    Default

    There are five main ones for futures, right... Wrong !!

    Indicators as a whole are only there to confuse and delay, ever wondered why a broker will have banners advertising hundreds of indicators.. Because they waste your time and more importunity your money.

    There is no super secret indicator that warns a high is coming or a low, indicators lag behind the price they have no future knowledge. Are they useful yes do people make money with them probably. But a strategy built around indicators is crazy, they are given away free because they of there limited use. Focus on Price analysis and walk away from the indicators. Trust me if a couple of indicators made it so I could see a high coming I would be a Billionaire by now

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