Indicators are funny things
Posted Tue Jan 05, 2010 at 2:56 am by trendme
As we all have our favorite indicators, we all have our own preference in what “chart timeframe” is best for our indicators. We get so accustomed to our indicators, we know how they behave. By looking at the indicator, we know what direction the price is going to go and then we make our trade. But,
Once when we get in the trade, we start looking at price. Hmmm, so I guess indicators are for entry only! My point is, why waste your time understanding an indicator when you should be studying the Market Movement.
"Broke to Billionaire"
Once when we get in the trade, we start looking at price. Hmmm, so I guess indicators are for entry only! My point is, why waste your time understanding an indicator when you should be studying the Market Movement.
"Broke to Billionaire"
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