Are there indicators that you regularly use and have helped you become profitable in your trading method?
I find EMA 21 in trend market a good point to entry or exit.
I find EMA 21 in trend market a good point to entry or exit.
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DislikedAre there indicators that you regularly use and have helped you become profitable in your trading method? I find EMA 21 in trend market a good point to entry or exit.Ignored
DislikedEMA's and in some cases Pivot Points. No indicator will make you more profitable. Study technical analysis and your brain will turn into the best indicator. For example Pivot Points are, imo, useless if you are not able to identify and filter strong support and resistance levels.Ignored
Disliked{quote} Can you identify and filter strong support and resistance levels? I guess you have access to liquidity providers' order levels Preempting your response, a level marked with yellow colors technically looked like strong resistance level as well as strong supply zone (whatever)... did not last long though Yeah... I know what will come next... you will explain me why I marked this level wrongly and that is why it did not work {image}Ignored
QuoteDislikeda level marked with yellow colors technically looked like strong resistance level
DislikedRange bars, bollinger bands, daily high/low.. maybe some temporal support/resistance.. thats all to make money.. oh !! and 1 special pattern that almost never fail =)Ignored
Disliked{quote} My answer was pivot point related. Of course you are able to master to identify stronger pivot points than others. To filter was related 'to filter out strong and weak pp resistance and support levels'. {quote} For you it might look like a strong one, for me not. This would be no relevant pp point for me. Not significant at all. You can't generalize the things. I suggest you a great webinar related to this: https://www.youtube.com/watch?v=bTjA_RcYEHQIgnored
Disliked{quote} US CPI m/M, US Nonfarm Payrolls, Crude Oil inventories, UK Core retail sales. any economic indicator that has the potential to move markets and lead to short term or long term price trends.Ignored