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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: TraderAlan who wrote (551)	6/12/1999 9:30:00 AM
From: Leland Charon	Read Replies (1) \| Respond to of 18137

TraderAlan, It has been my experience that indicators do not work on an intraday basis. Most indicators are derived from price action so basically they are just telling me what I am seeing on a price chart. Another problem with indicators is that they are lagging in nature. The only indicator that I use is a (13) period EMA on (5) minute intraday bars. I don't use this for entry just to help me see the trend of the day. I have tried numerous indicators and still haven't found the holy grail. My two cents worth, Leland