Disliked{quote}
But you have at least 2 indis on your chart: ADR and Japanese candles.
So you ask us not to use indies but you will? Or how?Ignored
Hi ryuryu,
I was telling a couple of experienced traders today, that I chat with, (I'm still on my L plates lol),
that you are not such a bad bloke, and I reckon you have a pretty keen sense of humour also.
But what you DO NOT HAVE ryu is ONE very important thing imo, and you have shown that over the past three pages I think.
You do not possess the full Powers Of Observation
I do not say that as a criticism, BUT just as my "observation", of you
You can of course use indi's, but do you NEED them is the question, and if you NEED them, then WHAT is that "need".
Each trader should identify, assesses & contemplate on what that 'need' is.
For example,
On the link to the post that you quoted to me,
have a look at the chart pic, first line, I wrote
"We can use our indis"
https://www.forexfactory.com/thread/...7#post13940657
My only statement, to you, would be "do you need them".
I have looked at a chart pic you put up a month ago maybe, nice chart, I could trade it I reckon
(successfully?, well who knows lol, that would be up to me NOT your chart),
All I would do is REMOVE your indis, all of them, ma's AND the vol data too, gone (but that's just me)
The candles which are left (lets call them indi's, sure) tell me a story of 'where' I am and what can be traded,
by just looking at the Market Mechanics & Behaviour
I don't mind anyone using the 'training wheels' of indis. I use them myself so I can glance at my screen sideways from afar and
see if there is a particular market activity happening or a market structural shift.
What I don't feel a need to do is, use INDIS to tell me when to trade.
That is still discretionary with me.
all the best, I will be back in an hour or so to check the markets again
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