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What indicator do you use for tp and sl

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Vivek Vyas
217
Vivek Vyas 2013.03.30 14:22 

I use support and resistance but want to work on fibonacci or pivot point indicator as they might be  best,

what is your opion ?
Sergey Golubev
Moderator
94583
Sergey Golubev 2013.03.30 14:40  

Those options are different ones - some people prefer fibo and pivot, and the others are using s/r for example. Support/resistance (s/r) systems are more related to price action systems. And fibo and pivot - for any classical or signal system.

As to me so I like pivot. 

Tan Phan Ngoc
1331
Tan Phan Ngoc 2014.10.02 08:29  
expertarts:

I use support and resistance but want to work on fibonacci or pivot point indicator as they might be  best,

what is your opion ?
You must choose few indicators.
Widy Prasetyo
473
Widy Prasetyo 2014.12.27 05:09  

I don't use indicator to set TP-SL.... not even using Resistance-Support lines..... Just simply use 50 point (pip) for TP and also same 50 for SL

and OP at high (upperBB) for make Sell,,, and OP at low (lowerBB) for Buy ...... (offcourse after few hours calculating & analyzing market movement)

Izzatilla Ikramov
13054
Izzatilla Ikramov 2014.12.28 16:44  
I use levels of support and resistance of the trendlines, and Fibo
ramasubbu velayutham
1966
ramasubbu velayutham 2014.12.31 08:49  
i use mostly the pivot 
Ian Tavener
1169
Ian Tavener 2015.01.01 00:12  

For my trend trading, I use ATR*3 for SL and TS, with no TP

For my swing trading, I use Bollinger Bands for SL and TP, but it's not a hard TP.  TP is the trade closes when price crosses the opposite band.

I never pay attention to S/R levels (well, I guess I do if you count BB or MA), and I've never thought anything about fibs.  I think fibs only work because people think fibs work.  Of course a price will bounce off of 66.7% retracement, if everyone thinks it's going to bounce and so they put their limit orders on it. 

Imtiaz Ahmed
7080
Imtiaz Ahmed 2015.01.05 21:29  
Stochastic.. sometimes not always...
Olivian Calancea
1086
Olivian Calancea 2015.01.05 22:24  
only chart
Pavonine Asia
823
Pavonine Asia 2015.01.06 09:34  
only use indicator for entry, and target pips for exit, usually put 50pips per trade :)
arthur nanggola
561
arthur nanggola 2015.01.27 09:10  
Ichimoku and bands, sometimes ma
12
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