This is the basic point that fails for many traders here, who gives a fuq what other people use, as long as you make money. Validation from other traders is just a sign of poor trading skills since your account is the only validation needed. I think most people post here because they need to constantly have someone tickling the teabags to feel better about themselves rather than just be happy making money.
Best way to use indicators is to learn how the herd uses them, and exploit their ignorance when the pain begins to hit their accounts. Try it.
%% Good pointsEga9; but IBD[Investors Business Daily like$ 200 dma [like$ 50 dma /200 dma] Besides= school zone speed limits[20mph/+] are enforced rather well LOL[200dma overlines or underlines price]===========================================================Thanks
No, you do not need indicators. If you can't look at a chart and spot where you should place trades keep looking!
%% 200 days moving average[200 DMA] is a line , trend line measuring 200 days worth of TREND. Pull up a 2 year candle chart chart of Target[ ticker TGT] Most all of the prices are down, 200 days moving average is down. Good question, SunTrader about 200 DMA. I made grade ''A'' in English, most all the time.