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poxxoloco23
11-15-2006 11:33, 11:33 AM
So all those overbought/oversold indiors like rsi, stoch, cci, etc..

Do you agree that these indiors are particularly helpful for fade traders.

lalaynaflv16
08-16-2023 09:58, 09:58 AM
Hello Hbibiforex,

what's your egy basically???
I just clicked. thanks,

xavic92
08-16-2023 11:18, 11:18 AM
Hi Hbibiforex, what is your egy basically??? I just clicked. Thanks, Simply rub the crystal ball and do whatever it says.

lalaynaflv16
08-16-2023 12:39, 12:39 PM
So simply, wow. I like it.

Kanija78
08-16-2023 14:00, 02:00 PM
wow, Therefore simply. I like it, thanks. Yes, it's a fantastic trading system; I'm also curious to discover the daily outcome of it!

xavic92
08-16-2023 15:21, 03:21 PM
quote Yes, it's a fantastic trading system; I am also curious to observe the daily result of it! Thank you

Heikki
08-16-2023 16:41, 04:41 PM
quote Thank you Got your system; but what can you do through the high voltage news session like FOMC, NFP?

xavic92
08-16-2023 18:02, 06:02 PM
quote Got your own system; but what do you do during the large voltage news session like FOMC, NFP? Since the entrances I take are quite specific... High leverage news is likely not to blend within that part of my Algo. Of course me using the self management of not getting to these events' hype is what will keep the equit equity curve rising.

Heikki
08-16-2023 19:23, 07:23 PM
quote Since the entries I take are quite specific... High leverage news is likely not to blend into that part of my Algo. Of course me having of not getting into the hype of these events the self management is what will maintain the equity curve. Ow; that's really great! Thank you.

migw5592
08-16-2023 20:44, 08:44 PM
Traders who are new to the futures market often get fooled from the persistent mean reversion behaviour. For instance, breakouts are faded than endorsed. If you have any experience then you will spot it by using RSI, STOCH, etc.. Hope you have the point!

Kanija78
08-16-2023 22:04, 10:04 PM
Traders that are comparatively new to the futures market often get duped by the persistent mean reversion behavior. By way of instance, breakouts are more often faded than simply endorsed. If you have any experience then you are going to spot it using RSI, STOCH, etc.. You have the point! Yes, breakout trading is always challenging! I think, just resources aren't enough here! Traders need both kind of analysis for becoming a constant performer!

Gokn
08-16-2023 23:25, 11:25 PM
quote Yes, breakout trading is obviously challenging! I think, only tools aren't enough here! Traders need both kind of analysis for becoming a performer! Not only for break out trading, but also for trendy market. You have to filer your entrance points out by many parameters as much as possible.

alex2066
08-17-2023 00:46, 12:46 AM
so all those overbought/oversold indiors such as rsi, stoch, cci, etc.. Do you agree that these indiors are especially useful for fade traders. Hi, they are about as useful as a chocolate fire guard....
trade well

Aipkmmevo
08-17-2023 02:07, 02:07 AM
Indiors can tell you what already has happened but cannot tell you what will occur. So I wouldn't build my egy just about the use of indiors.

Gokn
08-17-2023 03:28, 03:28 AM
Indiors can tell you what already has occurred but cannot inform you what will occur. This is the key fact. That is why I'm serious about price action rather than any tool.

oxmiluzusemo
08-17-2023 04:48, 04:48 AM
I utilize Stoch and RSI indiors as my overbought and oversold FX signal.

miscmipk
08-17-2023 06:09, 06:09 AM
If it is possible to edue yourself a story that it works then proceed on to what actually matter... trade management. What ever cause you have an entrance, it what happens afterwards that things.
The one thing you can control is how much you are willing to bet, and when to escape a trade. The rest isn't your decision.

siilvimomeno
08-17-2023 07:30, 07:30 AM
I have been using indiors for years, all sort. I had ups and downs but ultimately and fortunately I stopped using them two weeks ago and never traded and I'm doing now, that means that you need to develop a system that has just price, past and present, as input parameter and no other calculation on it, that's exactly what indiors are.

So indiors are just smoke and that for me is a fact, not an opinion. I trade now with them and won't ever come back to them because even if my system or trading is not yet constant or viable in the long run, I understand now that I really don't need them to improve my trading or system and this really is liberating and game altering.

angmeasanchwzabelaima
08-17-2023 08:51, 08:51 AM
The default indiors like Stoch, RSI, MA are useful and cool. Additionally, there are lots of custom made indiors which need to be monitored carefully for repainting. If any indior repaints- just delete it https://www.nigeriaforextrading.com/attachments/1529219887.png

samwlovich
08-17-2023 10:11, 10:11 AM
so all those overbought/oversold indiors such as rsi, stoch, cci, etc.. Can you agree that these indiors are useful for fade traders.
I would say these indiors are atleast good as support guidelines if not anything else.

Its better to go in with them than without. Though personally I just use the RSI indiors myself and Divergence egy.

Aipkmmevo
08-17-2023 11:32, 11:32 AM
quote This is the key fact. That's why I'm serious on price action rather than any technical instrument. Exactly my point, partner. I hardly use any indiors.

Gokn
08-17-2023 12:53, 12:53 PM
quote just how much profit you can earn from your price action trading egy a day? WellI do not count my profits daily basis. I am comfortable with the monthly calculation since here I am doing long term trading so. In average over 10%, and I am pleased on it.

Oxmaca65
08-17-2023 14:14, 02:14 PM
quote Well, I do not count my profits on daily basis. Since here long-term trading is being done by me so , I am comfortable with all the monthly calculation. In average over 10%, and I am happy on it. According to your trading balance 10% monthly is not bad, but can you ensure this profit ratio the majority of the time together with consistency?

Aipkmmevo
08-17-2023 15:34, 03:34 PM
I think Forex and consistency are 2 phrases, since the market is so unpredictable occasionally.

Loluss
08-17-2023 16:55, 04:55 PM
quote This is the key fact. That's why I'm serious on price action rather than any tool.
How much profit you can earn out of your price action trading egy a day?