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Old 02-23-2007, 04:48 AM
wsam29 wsam29 is offline
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Re: Trade Using 3 Different Time Frames

try removing MACD from your charts if it is too difficult to understand.

What you need to understand is price action and the relationship it has with volume. If you want to go even deeper, the psychology behind price and what causes it. hint, people cause price to move, not indicators. people use indicators as a reason to enter to make trade more measureable in terms of success and failure so they can make adjustments to their trading.

Spoting where there is more buying then selling and vice versa is more important than knowing how to use MACD or any other indicator or method.

some people swear by having an opinion about the markets, some swear by having no opinion about the markets. It really depends on your personality and temperment of what is best for you.

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