MooHumor: Indicators for investment

The word indicator means something that shows what a situation is like or how it changes. Many investors use indicators to help identify high-probability trade entry and exit points.

Countless indicators are available everywhere. Some of them have been proven to be accurate gauges for stock prices, while others may just be some kinds of superstitions.

Now let's see how mooers use these "indicators" to assist their trading decisions:

Inflation rate is a key indicator

@Deezy_McCheezy : all good $SPDR S&P 500 ETF (SPY.US)$ $S&P 500 Index (.SPX.US)$

Everybody's watching Fed's attitudes toward inflation

@Johnsh : How the federal reserve is handling inflation $S&P 500 Index (.SPX.US)$ $Dow Jones Industrial Average (.DJI.US)$

@Carla Lee : Buy the DIP crowd is here .The FED is mentally in front of the yield curve.. $SPDR S&P 500 ETF (SPY.US)$

Does Cassandra's prophecy, mean anything to you?

@Kathy kastine : He's not wrong he's just early $AMC Entertainment (AMC.US)$ $Tradr 2X Short Innovation Daily ETF (SARK.US)$

Some believe that Jim is a perfect contrarian indicator, what do you think?

@Assama Mohammad : Twitter Calls To The Moon

@Beacon Cramer: Jim Cramer on January 4: 'Netflix! BUY!' Now... down 62% since
You know when Jim Cramer from CNBC shouts 'BUY' again for stock... maybe hold the trigger. He called Netflix, now look at it.

@Beacon Cramer: Reed Hastings on 1/3/22.

@Apollod Wed : Recycle bin

Low price is a sign for some people
@LeicesterM : Loaaaaaading.... $Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ $NVIDIA (NVDA.US)$ $Advanced Micro Devices (AMD.US)$

Investors' desire reflect the current market conditions
@JustAnotherMoo : $Apple (AAPL.US)$

Look who's happy
@Charstey : Who’s next ? This week.

@Rann New : The Nasdaq 1971-2022 R.I.P NASDAQ! $Invesco QQQ Trust (QQQ.US)$ $Nasdaq Composite Index (.IXIC.US)$ $GameStop (GME.US)$

Remember, indicators are not the holy grail but tools.
Believe what you choose and choose what you believe.

This week, we'd like to invite you to comment below to tell us about: What's your favorite trading indicator?
It can be a reliable technical indicator or any forms of superstition.

We will select 20 TOP COMMENTS by next Monday.
Winners will get 88 points by next week, with which you can exchange gifts at the Rewards Club.
*Comments within this week will be counted.

You may post:
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I guess that's all for this week.
PEACE!

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HopeAlways : The moving average indicator attempts to smooth out any wild price action by taking the average price over a rolling number of periods. The result is smooth line that tracks behind the candlesticks or price bars, overlayed on one's chart. The smoothed line makes it easier to determine the trend of the market.

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Syuee : Indicators are good but mostly there are lagging indicators.

Well, PRICE is the underlying basis of any and all indicators.

Learn to read the price, that is all you would need, everything else is not needed and will eventually fall flat.

For investing, only fundamentals is required.

For trading purposes, price action is the best, if you want, you can add momentum indicators.

Price is the best indicator in trading and price action best action in trading.

I do not have a particular favourite indicator at all. I usually trade solely on the basis of price action, market internals, and VOLUME.

Indicators tell me where price has been. I want to know where price is going~ ! Market internals and volume often do so.

There is a common mindset among traders - to depend on indicators. Most of us always look for a holy grail system.

But, we always ignore the truth - trading is all about practice, consistency, trial and error.

It needs constant testing and fine-tuning strategies to be profitable.

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HopeAlways Syuee : While technical indicators can give possible entry and exit points, the forecasting accuracy is not perfect. When a possible entry or exit point for a stock is suggested, it does not guarantee a successful trade.

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Syuee HopeAlways : Moving average is a trend indicator which is an average of closing prices in a time frame which may help identify a trading opportunity… though it is not 100% accurate.

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Milk The Cow : Omg, don't buy netflix, because Jim Cramer say "buy". He usually 'hit the bull eye' .

He say to expect $Alphabet-A (GOOGL.US)$ do better than $Meta Platforms (FB.US)$ , the next moment $Alphabet-A (GOOGL.US)$ R.I.P .
Even strong company can't withstand his 'power'.

Just kidding , Jim Cramer is not an indicator .
DYODD before investing.

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Milk The Cow Milk The Cow : I guess MA indicator is the most used indicator as it's the simplest to use .
Very useful depending on how u used it correctly .

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KT88 Syuee :

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KT88 Syuee : Price is the ultimate king in the stock market and the reason we can see profit or loss. Also, looking at the volume is important before placing your order. If there is no rise in the volume when the breakout happens, then the price action trader should be doubtful in taking that position.

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KT88 Syuee : A trend reversal should always be supported by an increase in volume. But in price action trading, I can see the strength of the buyers or seller's and I will go with win side.

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KT88 Syuee : With price action, we can have good risk reward ratio as it focuses more on anticipation. Since you prefer price action strategy, then waiting is your game.

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