View Single Post
Old 28-04-2008, 23:44   #7
lina06cn
level 1
 
lina06cn's Avatar
 
Join Date: Jun 2006
Posts: 6
Downloads: 0
Uploads: 0
Rep Power: 0lina06cn is on a distinguished road
Re: Indicators are useless

Quote:
Originally Posted by SoundFX
I use to think as you. But I've found certain indicators quite useful for confirmation. Namely MACD. Also great for divergence, to give you a heads up of "possible" trend change. Divergence in the MACD can give you information you might not catch in the charts.

I used MACD's divergence before, and I discovered divergence can appear 2 times ,3 times same as dead cross& golden cross.
If you use 2nd or 3rd divergence of MACD, then winning chance goes up.
lina06cn is offline   Reply With Quote