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Daytrader Indicator
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wilensky
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Join Date:
May 2006
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#1
Daytrader Indicator
05-22-2006, 02:12 AM
Hi,
For a daytrader, what is the most important technical analysis indicator?
Thanks,
Amnon
Amnon
buhrmaster
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#2
05-22-2006, 07:41 AM
The last price, followed closely by your P&L.
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mattgundersen
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#3
05-22-2006, 12:45 PM
You are the most important technical analysis indicator...
It all comes down to your ability to read the patterns properly.
Matt Gundersen
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Joseph Forsyth
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#4
06-03-2006, 06:52 AM
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.
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johntherevelato
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#5
06-23-2006, 05:22 AM
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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