write 20 words summary based on this youtube script without saying in this videoTechnical indicators do you think that they work well yeah if you say something like a moving average a moving average is nothing more than expression of momentum and if I see I’m a believer of momentum then yes again so a lot of these indicators are nothing more than adding a whole bunch

Of numbers together and dividing by something certainly moving average at the last 20 numbers and divided by 20 or an RS I look at the positive returns look at the negative returns to the average divide one by the other and so these are nothing more than expressions

Of filters so a technical indicator is nothing more than a filter that tries to get rid of noise some of them are lagging and some of them try there beforelooking by looking at earning points in the market the question you have to ask yourself is not so much as

You know what’s the magic behind this filter but how persistent is the behavior in the market that will allow you to apply the filter so what you tend to find is that certain types of filters are very good when the markets quiet like overnight when you don’t expect a

Lot of news announcements to come because the one thing that shocks the market is news that then creates policy shift that anticipation about the future so as long as you’re okay with applying these things during periods where you don’t expect big shocks then yes is it necessary to use

Indicators like the ones you mentioned or Bollinger when you’re trading in forex absolutely not no we talked about this question Airy trades that have an economic model in their head and that try to understand the flow of money based upon people’s needs from transfer across border transactions to policy

Changes policy shifts but what you tend to find with these guys is that they might get the direction right but they will get the timing wrong which is one of the big vein of macro or discretionary macro traders they tend to have a very good conceptual picture of

Their head but over the short term they manage to have the wrong entry in the losses they incur in the mean time tends to to really squeeze them and then they lose out in the new participate in the longer term move so what you tend to find with these guys is that they’re

Also very very good at timing the market of the short term I think over those particular kind of daily situations or even over a period week that’s where more basic technical stuff like momentum support resistance really comes into play charts versus indicators which works better for you that’s an interesting

Question because to me I think both are the same I mean an indicator is just a derived version of a chart so if you’re asking how I go about developing my systems then really it’s about looking at patterns in the market that can’t for instance include questions such as if

This indicator has moved so much over this particular time period then what does that imply for price so ultimately the way I think about the markets is about I have a cause on what’s the effect where you can even ask backwards that’s the desired effect every time that that happened which indicators

Stacked up in which way as an example so ultimately both equal footing would really matter says which one has the better handle on describing the effect that follows what’s the difference between indicators and strategies an indicator is a component of a trading strategy so an indicator as we said is

An input that’ll cause a particular a bias in the market but that bias usually a lot of people will express it as completely binary buy or sell but it’s more important than that it’s about how much do you buy how much do you sell and ultimately when do you get out and how

Do you protect or if you look at a portfolio view you have indicators per asset that then have to be combined so for instance it could be that one indicator you have less confidence and then another indicator and then you weigh them appropriately so an indicator

Is about allowing you to create a bias about the future the strategies about combining these biases into a trading view you

write 2100 words and add headings article based on this youtube script use 20 words in a sentence in maximum 25% of sentencesTechnical indicators do you think that they work well yeah if you say something like a moving average a moving average is nothing more than expression of momentum and if I see I’m a believer of momentum then yes again so a lot of these indicators are nothing more than adding a whole bunch

Of numbers together and dividing by something certainly moving average at the last 20 numbers and divided by 20 or an RS I look at the positive returns look at the negative returns to the average divide one by the other and so these are nothing more than expressions

Of filters so a technical indicator is nothing more than a filter that tries to get rid of noise some of them are lagging and some of them try there beforelooking by looking at earning points in the market the question you have to ask yourself is not so much as

You know what’s the magic behind this filter but how persistent is the behavior in the market that will allow you to apply the filter so what you tend to find is that certain types of filters are very good when the markets quiet like overnight when you don’t expect a

Lot of news announcements to come because the one thing that shocks the market is news that then creates policy shift that anticipation about the future so as long as you’re okay with applying these things during periods where you don’t expect big shocks then yes is it necessary to use

Indicators like the ones you mentioned or Bollinger when you’re trading in forex absolutely not no we talked about this question Airy trades that have an economic model in their head and that try to understand the flow of money based upon people’s needs from transfer across border transactions to policy

Changes policy shifts but what you tend to find with these guys is that they might get the direction right but they will get the timing wrong which is one of the big vein of macro or discretionary macro traders they tend to have a very good conceptual picture of

Their head but over the short term they manage to have the wrong entry in the losses they incur in the mean time tends to to really squeeze them and then they lose out in the new participate in the longer term move so what you tend to find with these guys is that they’re

Also very very good at timing the market of the short term I think over those particular kind of daily situations or even over a period week that’s where more basic technical stuff like momentum support resistance really comes into play charts versus indicators which works better for you that’s an interesting

Question because to me I think both are the same I mean an indicator is just a derived version of a chart so if you’re asking how I go about developing my systems then really it’s about looking at patterns in the market that can’t for instance include questions such as if

This indicator has moved so much over this particular time period then what does that imply for price so ultimately the way I think about the markets is about I have a cause on what’s the effect where you can even ask backwards that’s the desired effect every time that that happened which indicators

Stacked up in which way as an example so ultimately both equal footing would really matter says which one has the better handle on describing the effect that follows what’s the difference between indicators and strategies an indicator is a component of a trading strategy so an indicator as we said is

An input that’ll cause a particular a bias in the market but that bias usually a lot of people will express it as completely binary buy or sell but it’s more important than that it’s about how much do you buy how much do you sell and ultimately when do you get out and how

Do you protect or if you look at a portfolio view you have indicators per asset that then have to be combined so for instance it could be that one indicator you have less confidence and then another indicator and then you weigh them appropriately so an indicator

Is about allowing you to create a bias about the future the strategies about combining these biases into a trading view you

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