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I wouldn't class Support and Resistance as indicators, it's pure price action.
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Within the great hall at Elfinore stands a wondrous coffer, precisely four cubits square and securely latched against the outside world. Inside that repository, shut away from impertinent eyes, abides many an intriquing trading secret garnered from around the world and over the ages ! As a child, i used to watch from the darkness as the secrets were debated and annotated by the elders. No one there held a single thought of my presence -- BUT I KNOW WHERE THEY HID THE KEY !! |
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Haha! But then that begs the question: would you class candlesticks as indicators? I mean, afterall, you have to be able to SEE them. Lol!
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I would imagine them to fall into a class known as "chart overlays", but one could beg the answer that they are indeed indicators, as they "indicate" price action, do they not ? ah -- what boredom creates !! LOL mp
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Within the great hall at Elfinore stands a wondrous coffer, precisely four cubits square and securely latched against the outside world. Inside that repository, shut away from impertinent eyes, abides many an intriquing trading secret garnered from around the world and over the ages ! As a child, i used to watch from the darkness as the secrets were debated and annotated by the elders. No one there held a single thought of my presence -- BUT I KNOW WHERE THEY HID THE KEY !! |
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wonderful stuff
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I really agree with the opinion.3omn shall be time to make profit with time that fast with trade value large,take way profit short.To make profit,usually movement will indicator long term being to while market one country in open.Monday is good opening day.Friday was too risk of making trade.
Nice to be here. I was looking for DMI which I haven't found yet. Great stuff in here. I'll try to make some useful contributions.
Linear Mode

