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 Question about non-standard indicators in cues 
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Experienced User
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Joined: Tue Jun 14, 2011 4:00 am
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Post Re: RV Forex, 26 trades, 25 wins
HI I have moderate RV skills, attended the advanced workshop, and feel confident i can at least distinguish between the two targets.

Now, im fairly young and this DVD is my first introduction into FOREX. I understood the concept in trading commodities and stocks, and realized they employ the use of TIs, which i can also utililize.

My question is: Do i need to use Technical indicators for Forex trading?

What im lead to believe is that i dont need to use them. Simply RV and constantly buy or sell daily, maintaining the short term in the cue as my indicator?


Sat Jul 07, 2012 9:52 pm
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RV Professional
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Joined: Sun Dec 12, 2004 3:02 am
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Location: Under the Electric Sky
Post Re: RV Forex, 26 trades, 25 wins
Correct that you don't absolutely need an indicator, but be prepared to sit in front of your computer the entire time the trade is on (36 hours is the longest I have held out without sleep).

Do you really want to take the chance of getting a signal wrong one day and having a news event crush you?

Short-term is not at all compatible with daily trades. Monthly yes, daily no.

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Sat Jul 07, 2012 10:33 pm
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Experienced User
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Joined: Tue Jun 14, 2011 4:00 am
Posts: 14
Post Re: RV Forex, 26 trades, 25 wins
Very true, I will definitely use a TI. Would placing "..using trend lines as entry and exit signals..." within the cue suffice?


Sun Jul 08, 2012 11:24 pm
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Post Re: RV Forex, 26 trades, 25 wins
What ever indicators you are using, they must be statically calculated and universally accepted unless you do as Proviewer has suggested in another post and created the rules completely, explicitly, and refer to them exactly. Of course you will have to test the setup to see if it works.

Trend lines seem like a very questionable method if they are drawn in by hand as most of the start and stop points are done by feel, not science.

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Mon Jul 09, 2012 1:03 am
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