Best oversold/overbought indicators? - Page 2
Page 2 of 2 FirstFirst 1 2
Results 11 to 13 of 13
  1. #11
    Join Date
    Dec 2006
    Posts
    11
    Quote Originally Posted by topgun_68 View Post
    I like the settings that I found on a CI system PDF which hsa been floating around which are using Full stoch (15,3,3) on shorter charts of 5 & 15 min, and (8,3,3) on longer term charts of 1hr, 3hr & daily. I also like to use RSI & ADX for determining Trends or Overbought/Oversold conditions or looking for divergences. I just started demo trading after a year of reading and studying so it's looking good so far
    one year of reading and studying is a lot.
    why don't you demo trading as you applied what you've read and why wait for one year?

    it seems you've read a few pdf articles there.

  2. #12
    Join Date
    Dec 2006
    Location
    Norristown, PA
    Posts
    450
    I've been reading some really good books and studying technical analysis. I particulary like all of the Steve Nison candlestick books, a few new books by Kathy Lien and Mark Douglas. The problem I faced was that I had just bought a house, got married, had a baby and then got laid off so my time was limited. I chose to just read and screw around with demo trading but not take it serious. It's just recently that I started trying to develop a system and practice all that I read. One problem I faced was information overload from reading too much. The great thing is is that it was this site that started me off in the right direction

    Quote Originally Posted by ivonivon View Post
    one year of reading and studying is a lot.
    why don't you demo trading as you applied what you've read and why wait for one year?

    it seems you've read a few pdf articles there.

  3. #13
    Join Date
    Dec 2006
    Posts
    11
    so you've started your living and trading in both the same time that's nice to hear.

    babypips sure helps a lot

Forum Sponsors

Similar Threads

  1. best indicators on Oanda
    By docchiro in forum Newbie Island
    Replies: 1
    Last Post: 08-05-2009, 10:54 PM
  2. Using overbought/oversold indicators
    By potaire in forum Newbie Island
    Replies: 2
    Last Post: 02-15-2009, 09:36 PM
  3. Best Trading News - News Reader indicators
    By masteroptical in forum Free Forex Trading Systems
    Replies: 0
    Last Post: 12-01-2008, 01:53 PM
  4. Replies: 0
    Last Post: 10-05-2007, 01:50 PM
  5. Best Indicators for Overbought/Oversold?
    By LizTrader in forum Newbie Island
    Replies: 6
    Last Post: 03-10-2007, 09:34 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
"A man is a success if he gets up in the morning and goes to bed at night and in between does what he wants to do."
Bob Dylan