Which is the best indicator?

Discussion in 'Technical Analysis' started by reno4nook, Apr 25, 2005.

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  1. Bond yields

    3 vote(s)
    11.5%
  2. Financial index

    4 vote(s)
    15.4%
  3. Oil

    2 vote(s)
    7.7%
  4. Gold

    2 vote(s)
    7.7%
  5. Trin

    4 vote(s)
    15.4%
  6. Tick

    3 vote(s)
    11.5%
  7. Volatility index

    8 vote(s)
    30.8%
  1. i prefer hemlines.
     
    #11     Apr 26, 2005
  2. Paul W? Is that you? :D
     
    #12     Apr 26, 2005
  3. tough crowd around here :p

    I have used the TRIN as a good sentiment indicator.
    I have a 1 minute chart with 10m and 33m EMA's.

    The direction of the MA's are a good indicator, especially during afternoon trading.

    However, I respect the prevailing opinion here that price is always right and that indicators sometimes have no use.

    For active traders, price trumps everything.

    cheers,
     
    #13     Apr 26, 2005
  4. you'll get buried using 1 minute charts....and get a facial tick to boot...

    if you don't take a header at least 3 times a day i'd say that's a good indicator for 1 minute charts...

    good luck flinchy:)

    alex
     
    #14     Apr 27, 2005
  5. ==============

    Hey thats a good one and end of the day prices written on your sheets may help, especially if one occasionaly trades/invests that market.

    Hey that black monday thread did accidently mark a bottom area.
    And hey , all those top /topping ''predictions '' may be ignored , or enjoyed iwith humor simply because they made so many wrong ''predictions'' over the years.




    Hey, make hay while the sun shines.
    :cool:
     
    #15     Apr 27, 2005
  6. When the lines cross in wizetrade.

    It's easy - just buy when it says buy and sell when it says sell!
     
    #16     Apr 27, 2005
  7. =================

    Had some good points and if the price comes thru AMEX;
    get a second or 3rd opinion or 5th opinion.:D

    Still like MA's also at end of day , however;
    William Eckhardt didnt care to much for them.:cool:
     
    #17     Apr 27, 2005
  8. I like using TICK a lot.

    But I like TICK16 even better :)
     
    #18     Apr 28, 2005
  9. Which one? The long, the medium or the short?
     
    #19     Jun 4, 2005