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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?

To: Patrick Slevin who wrote (76)	10/26/2000 8:54:23 AM
From: Chip McVickar	Read Replies (1) \| Respond to of 12411

>I would imagine that the standard technical analysis... triangles, wedges, breakouts, and whatnot....work across different markets. < >I find I'm just too busy. If I do not have all my trades set up before the Open then I just do not trade the ones I have not finished. Then, except for the SP, I just have price points. Using those I set alerts and when the market triggers the alert I evaluate and make the trade or back off. The SP I trade off time and pattern. I could set up the other markets for time and pattern easily enough but it's a lot more work than I choose to take on at this time.< Your evolution as a trader undoubtedly led you to look at numerous methods and trading styles. At some point your brain said "WOW this Works" and off you went exploring ANNs and Pattern trading. Tom Trader's light went on and Scott's and Nemer's for something different and mine for another combination. The success rate would be determined by the quality of Intuitive Connection. And one can move in and out of this state of mind. No matter the market, to remain successful at trading, something of what you learned must get transferred. I agree.., don't like Oscillators, Stochastic, Macd, RSI, ADX, Rate of Change to determine entries and exits. There trend followers and working with old information, and these indicators are often slow. They may help to keep one in a trend or define the on going markets momentum, but they do NOT offer solid anticipatory signals for directional changes. The 5-RSI divergences is the only common boxed indicator that I've found to offer any preliminary hint. To me Fibs, Forks, Bar Patterns, Chart TA and other keys to market psychology are the most important measure of a charts direction. These trading methods or "Art and Style and Intuition" should be transferable to other markets like bonds currencies and commodities.