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  • Daytrader Indicator

    Hi,
    For a daytrader, what is the most important technical analysis indicator?

    Thanks,

    Amnon
    Amnon

  • #2
    The last price, followed closely by your P&L.

    Comment


    • #3
      You are the most important technical analysis indicator...

      It all comes down to your ability to read the patterns properly.
      Matt Gundersen

      Comment


      • #4
        It all depends on what market you are trading.
        For example, if you are trading the Nasdaq, the QQQQ'S
        are a very imortant indicator.

        Comment


        • #5
          I would agree with the replies here.

          However, if one were to ask me what the most important technical indicator is, I would say 'volume'. Definitely worth studying.

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