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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: sandintoes who wrote (1232)8/28/2001 4:13:36 AM
From: Teresa Lo  Read Replies (2) | Respond to of 8752
 
LOL. The other day, someone in the chat room was asking about indicators, and I said that, in principal, the nature of price action is more or less the same across all instruments and timeframes. As traders we should know this and then select the tools we find to our linking, ones that will help us buy/sell retracments in a trending market, and trade tests in a sideways market.

I likened questions such as "which indictor do you use" to trying to carve a bull (LOL) with a mellon baller!

T.