Looks good but I would get more indicators on your chart. Looks like you don't have enough. Need as many as you can get otherwise all you have to rely on is the price and surely the price can't tell you much?!?!
Looks good but I would get more indicators on your chart. Looks like you don't have enough. Need as many as you can get otherwise all you have to rely on is the price and surely the price can't tell you much?!?!
Looks good but I would get more indicators on your chart. Looks like you don't have enough. Need as many as you can get otherwise all you have to rely on is the price and surely the price can't tell you much?!?!
Sure, you are right we do have two variables...:smart: problem with FX is that true volume data doesn't exist.:-0 we can substitute this with tick volume data. Any suggestins on good indicators? I've used Chaikins MF, Accumulation/Distribution and On Balance Volume to get an idea of money flows
The more the merrier. Get some RSI in there. Stochastics are one of my favourites along with the MACD and Historgram. Bollinger bands are useful. Usually you get a nice reaction. You could also try throwing in some moving averages. I like the 10, 21, 50, 100, 150, 200 and 365. The 50's relation to the price is really good for the medium term trend. The ADX indicator is good for the trend too.
Mind you, Tom, by the time your pivots, trend lines. fibos from differing highs/lows and other stuff go into your set ups they can look pretty cluttered. And you used to like MVAs
But you could colour them in and flog it as a work of art
.. That's all very witty...:clap: I can see that tghis forum is more about smart ass comments than trading...??
...any of you comics made any trades lately...??
Hi jverho, sorry, I try to be constructive usually but there are a few people on here that tend to attack me when I post and help others - plus a lot of the time, the questions I see people ask are ones I've already answered many times. Nothing irritates me more than someone that says "can you just tell me X....sorry if you've answered this before but I can't be bothered to read through your threads as they are really long..."That's not aimed at you at all because you were just posting a chart...I'm just saying that sometimes it all gets a bit much and I decide its less hassle to just post smart ass comments and the wrong person gets the brunt of it, so apologies mate!