I used to throw every indicator on the chart and play with all the gee wiz systems from Stocks and Commodities.
After doing James Inside Bar trading group for a few months all I use now is MAs, Stochastics and the odd candle pattern. I have found it is all I need.
I am not against indicators but completely agree that you have to understand exactly how the indicators you are using work. People often end up with multiple indicators on a chart all showing a similar thing.
After doing James Inside Bar trading group for a few months all I use now is MAs, Stochastics and the odd candle pattern. I have found it is all I need.
I am not against indicators but completely agree that you have to understand exactly how the indicators you are using work. People often end up with multiple indicators on a chart all showing a similar thing.