Indicators Crap

could it be any serious discussion with such "... Crap " name for the thread

very thin, gray or line between "indicators" and not..., or "other" (tools, gages, TLs etc)

if you don't know what it is, what it shows or how to use it - you right, you turnig everything to "crap" - just makinf waste

Hey Uncle Mike:

We're on the same page.

I can only state it so many times, and then watch as people run hither and yon, ignoring the nose on their face !

INDICATORS, PRICE ACTION, CANDLESTICKS, CHICKEN BONES AND THE MAN BEHIND THE CURTAIN ALL DERIVE FROM ONE PLACE --- THE MOVEMENT OF THE PRICE (which, by definition is "price action")

You can MEASURE this activity with candles, indicators (both analog and digital) or a bloody ruler --- ONE CHOOSES WHAT THEY LIKE !

Indicators have proven their worth over long periods of time and are the de facto standard of measurement in the technical world while japanese candlesticks, being rather recently accepted by most, have a long and proven track record in their country of origin.

Chicken bones have not yet passed the test of time, but what lies on top of them make good eating while arguing the problem.

ONCE YOU ACCEPT AND LEARN, indicators of ANY TYPE (and a candle IS AN INDICATOR, in the purest form of the word) are highly predictive --- they WILL predict WHERE although they may not predict WHEN because of news or the multitude of events that trigger changes in the market.

But anyone who wishes to simply OBSERVE will see that the MEAN price of a currency, if moved by an "event", RETURNS to its "mean" in short time, be it a few hours after a "spike", a day or a few days after news, when the traders now take profits and SHORT the upside moves.

All of this is predictable, including the time of day something will happen, and while NOTHING is 100% in this world, being a trader I will most assuredly settle for something as poor as 90% of the time, allowing the remaining 10% as the cost of doing business.

If indicators could NOT predict, when i give out an overnite trade that will not be completed for a minimum of 8 hours while one sleeps, i could not come TO THE PIP of what the price will be when one takes profit ---- AND i have MANY a person who will acknowledge (some grudgingly) that is PRECISELY what i do every night !

If you wish to emphasize YOUR feelings, do it as a gentleman or lady and not with language designed to incite or raise temperatures.

While you certainly are allowed your opinion, if you look at THE ROOT OF FOREX TRADING which is the MOST trending of all trading vehicles, it all comes down to the same thing --- just WHICH indicator are YOU comfortable with and do you REALLY know how to work with it ?

If you refuse to acknowledge simple fact, then it becomes obvious that you simply desire to argue a point ad nausium, and that should well be dismissed out of hand !

In other words, grow up and smell the roses, and while youre at it, look at the truth also !

enjoy and trade well

mp

You are a funny chap.

Happy,

I offer you two free tickets good for unlimited lessons in trading using, among other things, the s+r lines and the LRC that should increase your usable share of available pips beyond your current crop.

It aint the farming method, the tractor or even the scarecrow that evens the field --- its the pip harvest that counts for ALL !

we can show you how to increase your harvest and yield, as we prove it each and every day !

Could be the opportunity of a lifetime, and you got the free tickets to the masked ball, so think about it !

enjoy and trade well

mp

Before disciplining anyone else, one must be taught!

Bye thread.

draw enough random lines on a chart and eventually one of them will be right and the masses will crow like a rooster about how great the lines are.

YEAH, aint it great how that happens magnum ?

Thats why i use chicken bones -- REALLY keeps the masses confused !

of course, a little smoke and mirrors aint bad either.

mp

Once you understand how indicator work, you will tell yourself "forex is really pice of cake"

indicator reprint, is not form bad programming, as I think!

like Super Signal or ZigZag they are caculate higherst high or lowerst low as current price action, therefore, when price want higher or lower, it reprint.

Always using higher time frame's indicator as your guide. like last Friday EU drop more then 1.5 cents within 2 hours, how I know it going to drop, stochastic this indicator at 1 hour, and 4 hour time frame.