short term cover

	Originally posted by 长缨 at 2004-8-25 09:56 AM: 是的"I love to use indicator"，理由是：一般人（绝大多数人）不具备用基本分析的推论“感知”市场变化方向的能力。 indicator是技术分析的重要组成部分。 I used to use indicator as a tool to h ... I don't use indicator because : 1). It leads me to look at "short term" trading. I am end up with lossing money. I prefer looking at weekly chart instead 5min and 15min. I don't know any one trade 5 min chart making money in the long run. 2). Indicators lead the price action. Rule : Price create indicator, indicator can't move the price If I depend upon history indicator and force me to slow down entry and exit. I am better drop the indicators. 3). if you look carefully, price pattern tells you the direction of indicators in some degree. Say, price is going higher, RSI must be above 70 or so. 4). If computer down, what action are you going to take ? My advise is trying to trade without an indicator. You will get a new different "feeling". Your result may be better. If you can't get a sense the market by watching the price moving for one week. My last advise is you better quit trading. It is not for you.

	Originally posted by gz-trader at 2004-8-25 02:15 PM: I don't use indicator because : 1). It leads me to look at "short term" trading. I am end up with lossing money. I prefer looking at weekly chart instead 5min and 15min. I don't kn ... THEN WHAT DO YOU USE? JUST K LINE? DO YOU USE MOVING_AVERAGE LINE OR ANY INDICATOR?

	英文？晕。我从小到大英语就没有及过格！

	很有趣的讨论！ 为宏扬国文，坚持使用汉语。（也许gz-trader不善于打汉字，请大家理解） 1、“ It leads me to look at "short term" trading. I am end up with lossing money.” 如果说指标诱导你进行短线交易，并以失败告终。哈哈，那是你的问题。 我不反对短线交易，但5MIN的确有些过于短了，当然难于赚到钱，为什么？ 一个短线交易员必须明白一个道理：波动幅度/交易成本，这个比值是否合理是关键问题。例如，如果交易费用是千分之5，那么就要知道你使用的交易周期中，平均波动率是多少，这么帐不算一算怎能赚钱？我的软件具备这一功能。 2、“Price create indicator, indicator can't move the price” 当然，这是真理。 我是在运用指标测定价格的真实程度，以及多空对比之强度，然后根据结论决定我的交易方向。 上涨=真或下跌=假，持有或跟进； 上涨=假或下跌=真，空仓或卖出。 3、“My advise is trying to trade without an indicator. You will get a new different "feeling". ” 如果我离开了我的“指标”，我就一点感觉也没有了，哈哈。 总之，我们在讨论分析指标的问题，需要说明的是：一个成熟的交易系统中，理念、经验、方法、工具，缺一不可。 我在此论坛上应该没有完全谈指标，最后结论：指标是必不可少的工具。

	Originally posted by mfpg at 2004-8-25 02:46 PM: THEN WHAT DO YOU USE? JUST K LINE? DO YOU USE MOVING_AVERAGE LINE OR ANY INDICATOR? I look at daily and weekly price pattern. Think about why people loss money then you will find some good pattern to trade with. There is the reason why I suggest to look at price moving for one week and think; if you enter the trade; how and why market can kill you. After deep thinking i). You will get your style of trading. ii). Plan your trading.   Think about FX is a super big ship ! There is no V-sharp return on daily chart. (Sure ! there are sharp return on Hourly chart) Chart will tell you every turns naturally. There are people love to fight the trend. For example, GBP told you a head and shoulder yesterday ! RSI told you oversold. There were people arguing the trade. So What ! I entered the trade and reported the time and price. I knew market would kill people above. Naturally, Market would carry you to a "stop". Therefore, I told everybody to get out as a short term trading. For sure, there is a pullback today. Becasue there are people love to fight the trend. Once again, market will rebound one day attract people to get in and kill all the people again on Thursday. It is just so simple, if you THINK !

	Originally posted by gz-trader at 2004-8-25 04:39 PM: I look at daily and weekly price pattern. Think about why people loss money then you will find some good pattern to trade with. There is the reason why I suggest to look at price moving for on ... 哇…好象有点道理...

	Originally posted by gz-trader at 2004-8-25 04:39 PM: I look at daily and weekly price pattern. Think about why people loss money then you will find some good pattern to trade with. There is the reason why I suggest to look at price moving for on ... So, do you mean there'll be a trap after a pullback?.....sound right!! It's always good to follow the trend......