Sunday, October 31, 2010

I'm done with indicators!

Or they work, or they don't... as simple as that.  I cannot stand the fact that sometimes they seemed to work, and when you expect a positive outcome, just don't.

From now on, my indicators will be:

1- Price
2- Support/Resistance horizontal lines
3- Trend Lines
4- Fibs
5- 200sMA 120sMA

I'm studying some Volume approaches now... let's see if it results in something useful.
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