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question for jpartner
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johannes
Posted 9/13/2015 23:07 (#4787900 - in reply to #4787864)
Subject: RE: question for jpartner


I don't see any 1 minute or 5 minute or 15 minute or 30 minute time frames in your presentation....... so does that mean Andrew's pitchforks only work for longer time frames?

And if so, WHY? Why don't they work for every timeframe? Is one technical indicator better for longer term time frames and other indicators are better suited for shorter term? I don't know the answer...... that's why I asked the question........

Do known technical patterns override the supply/demand fundamentals? It seems to me that technicals look at the past history of price that is known and predicts (guesses) where price will go...... sometimes it works, sometimes it doesn't. And maybe the "sometimes" is because of the wrong indicator being used in the wrong timeframe........

So which indicator is best for each timeframe? Does anyone know?

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