And what makes you that special ? I'm sure the current sponsors of the site don't say if I dont make any money, I want my money back. First you pay then you advertise, you, Mr. Long Fingers, broke the rules, the very own rules you "protect" lol
ES, interesting things definetely happen at your levels. I haven't incorporated them in my trading plan yet, but I've been putting them on my charts and just observing. Thanks for the post BTW.
If you think you see a deer 50 feet in front of you in the field and there are 10 people standing next to you looking at the same deer, if you ask one person to confirm they are seeing the same thing you are . . . . at least to me, that is enough confirmation there is a deer in the field. Indicators aren't liars they simply tell you what you already can see for yourself HAS ALREADY OCCURED if you can read price direction and strength in the first place. Using a single indicator to CONFIRM what you already know to be true is simple. Using more than one indicator to confirm what you already know to be true is confusing and adds noises to any decision making process you have or thought you had.
Using an indicator to confirm what price action is telling you is not only redundant but idiotic because it will slow you down. You got two choices, you can see the call in price, this is the fastest, or you can see it much later via an indicator, if you can see it through price you dont need indicators. Anyone who uses an indicator to support price is just playing the game of ignorance, since when price needs the permission of an indicator to confirm what it just did ? Plain and simple, the usage of indicators are for those who cannot read price and that's quite alright but saying you can read price while using indicators well, that raises a flag right there.
Amen. One of the best threads in ages on ET and if the whiners don't ruin it we now have to worry about the moderators.
Price is always your primary source for technical analysis. Indicators are just a bonus. There are trading systems that swear by them. And personally, I think that is just ridiculous. Trading on simply a red and green light signal is not trading. It's laziness and ignorance. If you really want to learn to trade. Learn the stuff. Don't waste your money on some expensive automatic trading systems. Its about learning how to fish, not allowing others to fish for you. Think about it, without the system, you're basically useless. Jun www.IfIspamAgainMyDirtyAssWillBanned.com
Makes you wonder. I wonder why ET continues with subpar forum software? Allowing a Thread OP the option of no replies or screening the replies would go a long way towards avoiding abuse. Then we don't have to put with with crybabies, whiners, and strange moderator threats.
Also, it sounds like they just delete the whole thread instead of just locking it so that at least the good information that was given can be seen by anyone doing a search. It doesn't benefit anyone when the whole thread is deleted.