Number 1, moving averages. If they are not pointing in the direction of your trade, you don't have a trade (unless you a contrarian). Number 2, stochastics. On their own, about the most useless indicator their is, but their value lies in conjunction with your setup. Stochastics are a very good indicator of momentum - if you are trying to short a pullback, but your stochs are sitting above 50, then you are trying to f@#rt into the wind. Number 3. Keltner bands. Some use Bollingers, I prefer Keltners. They help to filter out the noise once you are in the trade. If you are short, then as long as the bands are sloping down, and you are trading in the range of the mid point and the lower band - then you should stay in the trade. There is no technical indicator I know that gives you a reliable entry or exit signal, but that is just my observation and years of trying to back test the classics. Entries & exits have to be set up on price action (volume and candles)
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