{quote} would you please tell us who are the High Impact Twitter Accounts
Can you afford to take that chance?
TOP 100 best indicators: post good indicators here
- #381
- Dec 16, 2019 7:03am Dec 16, 2019 7:03am
- Joined Sep 2017 | Status: Still a total mystery | 3,569 Posts
If you really know how to trade... SPREAD alone might be enough... if it is dynamic, meaning interactively calculated by the broker... because in order to calculate it right, broker has to watch for MANY parameters.. But if you are to look it manually... VOLUME, LIQUIDITY, PART of the WEEK, DAY, BANK HOLIDAYS, high-economic news distance... etc.. would the main one.. and recently... do not ignore the TWEETER statusThat is it... BTW yeah, order-book SEEMS to be some indicator at times.. but...
- #383
- Dec 16, 2019 7:59am Dec 16, 2019 7:59am
- Joined Sep 2017 | Status: Still a total mystery | 3,569 Posts
{quote} Hey thanks for your post. Is there an indicator you prefer for liquidity? Or someone else
for example).. something I haven't since for a while! 1.0 is luxury this days.. indicating good liquidity.. or anything bellow 1.2 (including) would still be good... Some reference... Also you can see from the chart itself... if you know the market, you know what moves are expected within certain timeframe(s) so if the market is going nowhere... is in stall.. or swinging barely up and down.. that gives you some clue... That's why I think one has to be either specialised in ONE market/pair or have ONE market/pair as a reference point... to judge the overall market conditions... And from then on... it is up to anyones trading style but that is for another thread.. We are talking about indicators here..
Can you afford to take that chance?
{quote} Well, basically, depending on the broker... you can see by their spread (dynamic or non-fix)... For certain broker(s) I know what certain spread means... For example.. 10+ years ago... Oanda had 0.9 spread for EURUSD (10 years ago
Here's my indicator... Like it?{image}
Thanks and this is my brain, also very liquid
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- #395
- Mar 18, 2020 3:27pm Mar 18, 2020 3:27pm
- Joined Sep 2017 | Status: Still a total mystery | 3,569 Posts
I think the best indicator is no indicator aka "naked trading" Second best is using SPREAD (if broker is good enough, the volumes, high-impact news etc.. will be built-into it)... Third best is to check Calendar for high-impact news... Also check for Bank Holidays. Volume/Liquidity is also nice because if there is no water how do you know if the pump is good... That is about it... If you know how to trade, read data, research, connect... you can trade on the newspaper, with your pen, while drinking coffee or whatever you are drinking. But if you don't, indicators will just makes you numb and you will se oasis in the desert, known as Fata Morgana (mirage).
Realistically.. If there will be any golden indicator or combination of them, specially some known combination... HF (HighFrequency) computers will pick it up and trade it before your brain will process the input from your eyes... let alone your signal coming to broker/market. Don't even get me started if you are using wireless mouse...
If you are thinking milliseconds, you are a dinosaur...
Also, days of Wall Street (real) trading are long gone, in general... Now their worst fear came to life. The "actual" trading, or most of it, is happening in mocked NJ
Wall Street, investment bank(ers) are good for providing liquidity, filling orders and whatever... But real trading is either done High Frequency style... OR from naked chart, if you have the juice.. Also there are some that prefer to trade it inside
A little joke and a little truth in above post, if you ask me anyway
Second best is using SPREAD (if broker is good enough, the volumes, high-impact news etc.. will be built-into it)... Third best is to check Calendar for high-impact news... Also check for Bank Holidays. Volume/Liquidity is also nice because if there is no water how do you know if the pump is good... That is about it... If you know how to trade, read data, research, connect... you can trade on the newspaper, with your pen, while drinking coffee or whatever you are drinking. But if you don't, indicators will just makes you numb and you will se oasis in the desert, known as Fata Morgana (mirage).Realistically.. If there will be any golden indicator or combination of them, specially some known combination... HF (HighFrequency) computers will pick it up and trade it before your brain will process the input from your eyes... let alone your signal coming to broker/market. Don't even get me started if you are using wireless mouse...
If you are thinking milliseconds, you are a dinosaur...
Also, days of Wall Street (real) trading are long gone, in general... Now their worst fear came to life. The "actual" trading, or most of it, is happening in mocked NJ
Wall Street, investment bank(ers) are good for providing liquidity, filling orders and whatever... But real trading is either done High Frequency style... OR from naked chart, if you have the juice.. Also there are some that prefer to trade it inside
A little joke and a little truth in above post, if you ask me anyway
Can you afford to take that chance?
