Indicators are overhyped... The truth about them...

[Slizzard]

That must have been fun...

[tdeketel]

And then one gets banned ....
Guess he won't be sending PM's now...

[homish]

Hi TraderABC,
"Sad sad truth from a knight on a quest for the Holy Grail..."
Your first mistake I think, the Holy Grail does not exist. Well actually it does but individually within each and everyone of us, look inside yourself first.
I have never used indicators, I look for the level of belief in the market and evidence that more are joining the market than average then going with the break down in the belief of that level. Search for the software that helps identify these, not for an indicator but software that shows up the footprints of the professionals, and filters out the false foot prints.
I've found my Holy Grail and software to match.

[puney]

There is no holy grail. I believe anything with 70% success rate with proper money management can succeed.

[TraderABC]

Originally Posted by homish

Hi TraderABC,
"Sad sad truth from a knight on a quest for the Holy Grail..."
Your first mistake I think, the Holy Grail does not exist. Well actually it does but individually within each and everyone of us, look inside yourself first.
I have never used indicators, I look for the level of belief in the market and evidence that more are joining the market than average then going with the break down in the belief of that level. Search for the software that helps identify these, not for an indicator but software that shows up the footprints of the professionals, and filters out the false foot prints.
I've found my Holy Grail and software to match.

Hi, are you talking about using COT data? Noise filtration software? those wayvlet thingies? And what do the proffesionals use that you monitor?

[homish]

Originally Posted by TraderABC

Hi, are you talking about using COT data? Noise filtration software? those wayvlet thingies? And what do the proffesionals use that you monitor?

email me and I'll send you the link for the software I use, can't print it here because that would be promotion. myhope@mailhaven.com

[TraderABC]

Originally Posted by homish

email me and I'll send you the link for the software I use, can't print it here because that would be promotion. myhope@mailhaven.com

could you please PM me? Your email seems not to be working. Thanks.

[homish]

Originally Posted by TraderABC

could you please PM me? Your email seems not to be working. Thanks.

sorry wrong address, should have been
myhope@sent.com