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File: 355 KB, 735x385, The-Best-Informative-Tutorial-for-Forex-Technical-Analysis.png [View same] [iqdb] [saucenao] [google]
10105046 No.10105046 [Reply] [Original]

I call upon all TA fags! What indicators do you use to analyse the market and to enter your short/long positions?

I use regular horizontal support and resistance points, ichimoku cloud, moving averages and classic RSI, SRSI, TTM squeeze. Also VWAP, TD and VPVR don't hurt here and there.

>> No.10105091

I only trade price action and use the 21 EMA. Candlestick patterns and horizontal support/resistance. All the rest is BS, secondhand info derived from price.

>> No.10105115

>>10105091

May I ask you, why 21?

>> No.10105127

was literally about to post this exact same thread

>> No.10105138
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10105138

>>10105127
Just learned how to ichimoku, usually use macd, stocrsi, ma, and bollinger bands sometimes since it has good prediction about what the highs and lows are at the time if I want to catch wicks

>> No.10105216

obv, cci, stoch, rsi, cmf, stormgeweher 44, ich with double sttings slong with ao , bb, td seq, macd.

also daily renko with stoch and macd for long term reversal points. youll see what i mean if you open it up.

>> No.10105226

>>10105138
> lagging indicators on a 3 min chart

Have fun boi

>> No.10105245

>>10105226
I wish I had 15 sec charts

>> No.10105346

>>10105091
I can respect that.

>> No.10105612

>>10105245
I'll give you one week before you start smashing your head into your keyboard, my dude.

>> No.10105619

>>10105612
5 sec charts

>> No.10105626

>>10105091
Best answer

Why 21 EMA of all things tho?

>> No.10105847

The night before market opening, I spend 15mins or so investigating some stocks, using long term indicators, like 10day vs. 30day EMA as well as 30day vs. 150day SMA. I look for opportunities in downtrending stocks which are about to consolidate either at a bottom line support, or have some major news related to it which would turn the trend. Keep the good finds on my radar. Similar scans for short possibilities, where overhyped stocks are about to consolidate.

Intraday I trade price action purely. The moment the market opens, I scan for tickers which I have analyzed previously either for long or short cases, and place an early position accordingly, and either have a strong bull or bear trade within 10-15mins after opening. Thereafter I trade price action pretty much, while keeping in mind recent technical supports, and plan ahead when I should sell (right under technical resistance), or when to buy (at support or right after it starts a bounce - my trade will also benefit a small bull run initiation in this case.)

I go for small % gains on each trade, cutting my gains early, and staying out of relatively risky trades. This late in the bull market I'm not holding any long term investments, just casually daytrading while at work, earning around 50 extra euros a day, sometimes more. Putting over half of my salary into my investment account every month, right now just waiting for the bear market to take hold, and I'll enter some geared short index.

>> No.10105876
File: 485 KB, 272x251, 15235274362650.gif [View same] [iqdb] [saucenao] [google]
10105876

MACD, the rest is garbage.
Stochastics rarely.
The main part is counting waves and recognizing patterns.

>> No.10105888

>>10105626
BECAUSE I'M SPECIAL

No, I have been trying different EMA's over time and the 21 EMA seems to work for me. Also lots of traders use it in crypto because the market moves faster than stocks. I use the EMA to determine if I should go long/short on the daily timeframe. Then I look at horizontal levels.

>> No.10105930

>>10105091
>21 ema
>not bullshit
anon I...

>> No.10105978

>>10105930
It's just a visual aid fren

>> No.10106193

chicken bones, skull of a cat, RSI, tea leaves, Boilinger Band, Medium sized shit of a nun and MA 20-50-100-200

>> No.10106414

s/r ichi rsi volume

>> No.10106420

>>10105091
Damn do I hate price action traders. The only thing more of a meme than TA is meme action trading. Literally the same thing except instead of letting a computer do all the calculations for you they insist the computer in their brain can calculate all of the information coming from price. 100% of what you are deriving from price can be made into an indicator that will be 1000x more reliable than your little brainlet mind can comprehend at one time.

>> No.10106426

>>10106414
and fib retrace

>> No.10106461

>>10105046
fibonacci sequence And ma 18(low and high)

Never failed me

>> No.10106465

>>10105046
Candle patterns, charting, macd, RSI, divergence.