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Re: What are the best texchnical indicators to daytrade YM?
i also use no "classic" lagging indicators e.g. MACD, RSI, etc.
i HAVE found the TICK DELTA ELD to be VERY helpful in confirming trades, ESPECIALLY for countertrend reversals. it is a wonderful tool
mostly i watch key reference areas (market profile levels, pivots) and internals (sectors and advance decline and TICK) and make decisions based on how price reacts
i also have a few setups that use specific formulae as to VIX and/or TRIN, etc.
but none are particularly complex. i stay away from lagging indicators, which are what retail (ie losing) traders use
i pay attention to price, internals, and the big picture
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