Indicators are liars! Support and Resistance Trading for the S&P emini

[aamarx]

Hi everyone.

The Pivotfarm PowerZones are the key information provided in the sheets, the MP, Pivots, Fibs, Simple Moving Averages and Summary Numbers are for confluence and information.

Always remember to use the numbers as a guideline for potential areas of high probability plays. If you need further information on how to use the sheets watch this video http://bit.ly/8bF7hb

Always use a set up based upon your system to enter a trade
.
Good trading all

 

[aamarx]

Hi everyone.

The Pivotfarm PowerZones are the key information provided in the sheets, the MP, Pivots, Fibs, Simple Moving Averages and Summary Numbers are for confluence and information.

Always remember to use the numbers as a guideline for potential areas of high probability plays. If you need further information on how to use the sheets watch this video http://bit.ly/8bF7hb

Always use a set up based upon your system to enter a trade
.
Good trading all

 

[aamarx]

Hi everyone.

The Pivotfarm PowerZones are the key information provided in the sheets, the MP, Pivots, Fibs, Simple Moving Averages and Summary Numbers are for confluence and information.

Always remember to use the numbers as a guideline for potential areas of high probability plays. If you need further information on how to use the sheets watch this video http://bit.ly/8bF7hb

Always use a set up based upon your system to enter a trade
.
Good trading all

 

[aamarx]

Hi everyone.

The Pivotfarm PowerZones are the key information provided in the sheets, the MP, Pivots, Fibs, Simple Moving Averages and Summary Numbers are for confluence and information.

Always remember to use the numbers as a guideline for potential areas of high probability plays. If you need further information on how to use the sheets watch this video http://bit.ly/8bF7hb

Always use a set up based upon your system to enter a trade
.
Good trading all

 

[aamarx]

Hi everyone.

The Pivotfarm PowerZones are the key information provided in the sheets, the MP, Pivots, Fibs, Simple Moving Averages and Summary Numbers are for confluence and information.

Always remember to use the numbers as a guideline for potential areas of high probability plays. If you need further information on how to use the sheets watch this video http://bit.ly/8bF7hb

Always use a set up based upon your system to enter a trade
.
Good trading all

 

[aamarx]

Hi everyone.

The Pivotfarm PowerZones are the key information provided in the sheets, the MP, Pivots, Fibs, Simple Moving Averages and Summary Numbers are for confluence and information.

Always remember to use the numbers as a guideline for potential areas of high probability plays. If you need further information on how to use the sheets watch this video http://bit.ly/8bF7hb

Always use a set up based upon your system to enter a trade
.
Good trading all

 

[aamarx]

Hi everyone.

The Pivotfarm PowerZones are the key information provided in the sheets, the MP, Pivots, Fibs, Simple Moving Averages and Summary Numbers are for confluence and information.

Always remember to use the numbers as a guideline for potential areas of high probability plays. If you need further information on how to use the sheets watch this video http://bit.ly/8bF7hb

Always use a set up based upon your system to enter a trade
.
Good trading all

 

[aamarx]

Hi everyone.

The Pivotfarm PowerZones are the key information provided in the sheets, the MP, Pivots, Fibs, Simple Moving Averages and Summary Numbers are for confluence and information.

Always remember to use the numbers as a guideline for potential areas of high probability plays. If you need further information on how to use the sheets watch this video http://bit.ly/8bF7hb

Always use a set up based upon your system to enter a trade
.
Good trading all

 

[aamarx]

Hi everyone.

The Pivotfarm PowerZones are the key information provided in the sheets, the MP, Pivots, Fibs, Simple Moving Averages and Summary Numbers are for confluence and information.

Always remember to use the numbers as a guideline for potential areas of high probability plays. If you need further information on how to use the sheets watch this video http://bit.ly/8bF7hb

Always use a set up based upon your system to enter a trade
.
Good trading all

 

[aamarx]

Hi everyone.

The Pivotfarm PowerZones are the key information provided in the sheets, the MP, Pivots, Fibs, Simple Moving Averages and Summary Numbers are for confluence and information.

Always remember to use the numbers as a guideline for potential areas of high probability plays. If you need further information on how to use the sheets watch this video http://bit.ly/8bF7hb

Always use a set up based upon your system to enter a trade
.
Good trading all

 

[aamarx]

Hi everyone.

The Pivotfarm PowerZones are the key information provided in the sheets, the MP, Pivots, Fibs, Simple Moving Averages and Summary Numbers are for confluence and information.

Always remember to use the numbers as a guideline for potential areas of high probability plays. If you need further information on how to use the sheets watch this video http://bit.ly/8bF7hb

Always use a set up based upon your system to enter a trade
.
Good trading all

 

[aamarx]

Hi everyone.

The Pivotfarm PowerZones are the key information provided in the sheets, the MP, Pivots, Fibs, Simple Moving Averages and Summary Numbers are for confluence and information.

Always remember to use the numbers as a guideline for potential areas of high probability plays. If you need further information on how to use the sheets watch this video http://bit.ly/8bF7hb

Always use a set up based upon your system to enter a trade
.
Good trading all

 

[aamarx]

Hi everyone.

The Pivotfarm PowerZones are the key information provided in the sheets, the MP, Pivots, Fibs, Simple Moving Averages and Summary Numbers are for confluence and information.

Always remember to use the numbers as a guideline for potential areas of high probability plays. If you need further information on how to use the sheets watch this video http://bit.ly/8bF7hb

Always use a set up based upon your system to enter a trade
.
Good trading all

 

[aamarx]

Hi everyone.

The Pivotfarm PowerZones are the key information provided in the sheets, the MP, Pivots, Fibs, Simple Moving Averages and Summary Numbers are for confluence and information.

Always remember to use the numbers as a guideline for potential areas of high probability plays. If you need further information on how to use the sheets watch this video http://bit.ly/8bF7hb

Always use a set up based upon your system to enter a trade
.
Good trading all

 

[aamarx]

Hi everyone.

The Pivotfarm PowerZones are the key information provided in the sheets, the MP, Pivots, Fibs, Simple Moving Averages and Summary Numbers are for confluence and information.

Always remember to use the numbers as a guideline for potential areas of high probability plays. If you need further information on how to use the sheets watch this video http://bit.ly/8bF7hb

Always use a set up based upon your system to enter a trade
.
Good trading all

 

[Dinos]

Don't agree indicators are liars ats all, KISS, have used indicators for years, I take one indicator only on a longer t/f with trades taken off a shorter t/f into the higher t/f direction, 1 indicator only on both t/f's, at different setting, use S&R as target areas to exit a trade or indeed add to if the conditions are right, and if I get a trade confirmation of a S/R level, so much the better, but its nots really neccesary to focu on S&R alone imho, but each to their own

 

[Tryer66]

Dear All

After reading some of the comments I would be grateful for some advice.

I'm day trading the FTSE 100 daily.

I have been trading for about 6 months with some wisdom - I'm not doing badly as I've have managed to manage my risk etc. I am currently sticking with my current strategy which is trying to sell close to resistance and buy close to support depending on the trend.

I currently use an MACD indicator and an ADX and DI indicators plus I have the 200MAs on each of my charts a 3 min, 10 min and a daily chart. As you have mentioned sometimes the indicators lag so that if I were to enter a trade on them I would be way above/below my target entry price. I am trying to work out how I can wean myself off the indicators or not rely on them so much as I can clearly see sometimes that the market has say reached resistance (as I also work this out based on the ATR) and the candles are telling me to sell but without my indicators confirmation I sometimes hesitate and miss the trade.

Would anyone recommend another indicator that can be closer to those points?

Any advice would be gratefully received.





QUOTE=aamarx;1124016]Hi everyone.

The Pivotfarm PowerZones are the key information provided in the sheets, the MP, Pivots, Fibs, Simple Moving Averages and Summary Numbers are for confluence and information.

Always remember to use the numbers as a guideline for potential areas of high probability plays. If you need further information on how to use the sheets watch this video http://bit.ly/8bF7hb

Always use a set up based upon your system to enter a trade
.
Good trading all[/QUOTE]

 

[aamarx]

Hi everyone.

The Pivotfarm PowerZones are the key information provided in the sheets, the MP, Pivots, Fibs, Simple Moving Averages and Summary Numbers are for confluence and information.

Always remember to use the numbers as a guideline for potential areas of high probability plays. If you need further information on how to use the sheets watch this video http://bit.ly/8bF7hb

Always use a set up based upon your system to enter a trade
.
Good trading all

 

[aamarx]

Hi everyone.

The Pivotfarm PowerZones are the key information provided in the sheets, the MP, Pivots, Fibs, Simple Moving Averages and Summary Numbers are for confluence and information.

Always remember to use the numbers as a guideline for potential areas of high probability plays. If you need further information on how to use the sheets watch this video http://bit.ly/8bF7hb

Always use a set up based upon your system to enter a trade
.
Good trading all

 

[aamarx]

Hi everyone.

The Pivotfarm PowerZones are the key information provided in the sheets, the MP, Pivots, Fibs, Simple Moving Averages and Summary Numbers are for confluence and information.

Always remember to use the numbers as a guideline for potential areas of high probability plays. If you need further information on how to use the sheets watch this video http://bit.ly/8bF7hb

Always use a set up based upon your system to enter a trade
.
Good trading all