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Re: Which indicator is the best one to use?
Regarding indicators. I trade ER2, ES, and EUR. I have used practically every indicator invented..CCI, T-3, lsma..you name it. This is only my opinion..but in my ten years of experience trading these eminis..I have settled on 2 min charts for ES and EUR..and 3 min for ER (it is more volatile). My one indicator..yes..the commonplace MACD 12,26,9..and 5,3,5 (to get out of trades and show quick divergences). When the emini candles are at a peak or at the depths..I wait for the Fast Line regular 12,26,9 hook. As the hook verifies itself by remaining hooked on a price backup..I am in. Most times this is a scalp play..but if the 353 cuts through the zero line followed by the 12,26,9 fast line..the trend has changed and you stay in. I have found these trades to be above 90 percent for at least 3 pts on many contracts. All in all the safest way to play the eminis..expecially ER2 is to take 2 pts on a lot of contracts..unless you get the zl crosses I spoke of.
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