So I've been trading a bit for a while now but I only use fibs, lines, EMAs, pivots, for confluence levels, and I trade candlestick patterns, or sometimes I'll "catch the knife" when the market slows down there. I zoom out and look for big patterns/shapes/harmonics, zoom in for level confluence and then price triggers.
But it seems like I'm taking less trades because the price projections are so much bigger.
Honestly, do you guys really really use these indicators, - even the MACD, I don't use - there seem to be SO MANY systems, etc, that eventually, don't all these things point at the same thing/trade?
I hope others feel the same way I do - too much info and not too much usefulness -. Don't you sometimes think that they're ALL MEANINGLESS?!?
I hope I'm not ranting here... anyways, it's good to be back here at FF.
But it seems like I'm taking less trades because the price projections are so much bigger.
Honestly, do you guys really really use these indicators, - even the MACD, I don't use - there seem to be SO MANY systems, etc, that eventually, don't all these things point at the same thing/trade?
I hope others feel the same way I do - too much info and not too much usefulness -. Don't you sometimes think that they're ALL MEANINGLESS?!?
I hope I'm not ranting here... anyways, it's good to be back here at FF.