Registered: Mar 2012
08-06-12 06:59 AM
Ugh... I'm tired and going to sleep.
Technicals and indicators are really unimportant for trading for the most part. They are pretty and nice and make you feel comfortable and allow you to calculate odds out...
But in reality... All you need to do to trade successfully is short high enough and let it drop a bit and cover... Or buy low enough and let it rise a bit and cover.
Keep it simple! No need for technicals... Buy low, sell high. Sell high, buy low. At most you need a moving average, but in reality you can calculate out moving averages in your head just by looking at price...