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Anonymous Sat Apr 21 00:14:32 2018 No.9015504 [Reply] [Original]

All my trading experience has taught me that the only indicator that's not bullshit is MACD. All else is just voodoo

Agree?

>>	Anonymous Sat Apr 21 00:39:44 2018 No.9015739 yes

Anonymous Sat Apr 21 01:40:55 2018 No.9016309

Seems like a lot of new investors use MACD and RSI incorrectly then promptly declare they're bullshit. Both are mainly effective on long time scales, not short. The point is to get a general idea of when trend reversals will occur. High RSI even on daily scale is not necessarily an immediate sell signal. You combine it with chart behaviour, such as progressively smaller increases on each leg up, to determine when a stock/coin is nearing overextension point.

You can use moving averages to gauge how the market will generally react to a coin or stock in immediate future. A lot of investors don't like to touch anything trading below the 200 day MA but will jump in hard the moment the chart breaks above it.

None of these are a crystal ball. Good or bad news or some other completely unrelated thing can blow the whole business out of wack. You just take an aggregate assessment of several things, both TA and news/market sentiment, and make your decision from there.

>>	Anonymous Sat Apr 21 01:52:00 2018 No.9016405 >>9015504 5, 13 and 62 EMA

>>	Anonymous Sat Apr 21 02:04:29 2018 No.9016517 >>9015504 MACD seems to be useful - especially when you've got divergence

>>	Anonymous Sat Apr 21 02:26:11 2018 No.9016709 >>9015504 Ultimately MACD doesn't mean shit either. It's better than meme lines for sure.

>>	Anonymous Sat Apr 21 02:28:57 2018 No.9016733 >>9015504 >not trading naked charts Plebs. Yeah I use the histogram on daily charts.

>>	Anonymous Sat Apr 21 02:39:43 2018 No.9016832 >>9016733 >no research >no indicators >line only >final destination

>>	Anonymous Sat Apr 21 02:49:45 2018 No.9016914 >>9015504 it's pretty shitty to be honest, it gives wrong results all the time

>>	Anonymous Sat Apr 21 02:53:40 2018 No.9016954 File: 54 KB, 220x242, Captain_Falcon.png [View same] [iqdb] [saucenao] [google] >>9016832 I don't even look at the charts anymore It's all on gut instinct

>>	Anonymous Sat Apr 21 02:53:42 2018 No.9016955 >>9016914 whats better?

>>	Anonymous Sat Apr 21 02:54:55 2018 No.9016964 >>9015504 MACD is delayed af. stick with OBV, STOCH RSI

>>	Anonymous Sat Apr 21 02:57:13 2018 No.9016986 >>9016954 whats your win rate?

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