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Which 6 indicators out of interest?

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wild-1

1,255 Posts.

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20/07/18

23:44

Post #: 34489488
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Originally posted by Vallhund ↑

Its all good Eshmun, you seem to be someone who looks for very low risk entries and setups in the very high risk end of the market, with the right fundamentals to boot. Personally I think at this end of the market its just as much of an art and the right approach and discipline than paying heed to all the fancy TA rubbish, but each to his own.

The most successful tech trader I know, uses 6 indicators and thats it, nothing else for the last 30 years, and basic chart patterns, in his opinion all those ichimoku clouds and all that other fancy stuff is just rubbish to give traders who dont understand markets courage.

With all the manipulation that goes on I dont think your chart analysis means much of anything, not that its not interesting, not that its not correct, but to rely on it to make trading decisions I think is absurd. The basic indicators tell you everything you need to know imo

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Which 6 indicators out of interest?

AVZ Price at posting: 12.0¢ Sentiment: Buy Disclosure: Held
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