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Old 09-02-2006, 12:56 AM
signo signo is offline
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Join Date: Aug 2006
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Quote:
Originally Posted by 006
Recognizing where recent highs/lows are with a simple glance at a chart instead of using the stupid indicator is your best filter.

Can we not see points where price stopped and reversed for half a day or longer on a chart people?

Float just tells you you're coming up on those points.

If you need an indicator to hold your hand and confirm for you the points were real you need to improve your skill before trading more.

You could just use fractals in the same manner.

Neither the floar or a fractal guarantees price is going to stop at the key levels, the levels are often breached, so just frikin make a mental note of key turning points, jeez.

Just some tough love for you.
If you want to use indicators use them, don't listen to 006.

Last edited by signo; 09-05-2006 at 12:59 AM.
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