When day trading (or even swing trading or investing) Forex, futures, the stock market or any other market, there are essentially 2 types of indicators or signals you can use:
- Obvious Market Signals: These are things that everyone sees. They are very important for you to see for some important reasons, but they won’t make you a successful trader. So while you must use them, they won’t make you profitable.
- “Invisible” Market Signals: These are things that are invisible to the masses. It’s absolutely critical that you have one of more of these in your trading tool box.
But which is more important?
In the following video I explore this question with you, and also show one more type of market signal that is between these 2.
Enjoy the video and I look forward to your feedback.
WANT TO LEARN MORE ABOUT “INVISIBLE INDICATORS?”
Be one of the first to get my newest course (just released!):
“Day Trading The Invisible Edge.”
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WHAT DID YOU THINK OF THIS VIDEO? LEAVE YOUR COMMENTS BELOW.
Pretty cool video.
Intriguing teaser. I’ve taken your Foundations 1&2 courses and have benefited greatly. Still not ready for prime time, but my “virtual” trading is going well. Maybe the “Invisible Edge” course is next for me. Keep up the good work, Barry.
Thanks Barry, always appreciate more info, I will hazard a guess that Vix and NYAD would fit in invisible indicators (to most traders?)
Thank you Barry. Just when I thought to have a beginning knowledge base on things visible and flexible, surprise!
Thanks for letting me tab into your knowledge base.
Galen
An interesting reminder, and as Dane Barlow said, an intriguing teaser.
I appreciate your material – also took your foundation courses 1 & 2 – good stuff.
Excellent as always
Barry,
You’ve done it again. As always your material is fantastic and very reasonable! Amazing, someone who really cares about his students!
Bruce
Dear Barry
Thanking you for sharing your shares trading tips with us.
Lay
Thanks Barry, as usual another great video. You are a breath of fresh air in this market that has been hijacked by Internet Marketers. I have been using similar methods for years and I find that pivots combined with Fib levels and trend lines almost always yield good Risk/Reward trades.
As far as the invisible market signals, of course I use specific set ups and even one that have purchased for MT4, which is doing well. Nowdays with every man and his dog (pardon the pun) selling trading robots, it’s critical to use something else.
Cheer,
Mark
<How to Trade Forex
Many thanks Barry.As a newbie I found the info most useful.
Pete
Good stuff Barry, very informative and free!
Just a suggestion but I thought you might have mentioned support & resistance levels as I find them somewhat unpredictable and invisible and usually not aligned to pivots etc, but critical to entry & exit points. To fix this I usually end up cluttering my charts with various horizontal lines only to find the price has then moved on and a whole new set of S&R has established.Very frustrating, Just a thought…
Thank you, it is always worth listening to what you have to say, enlightening.
Hi Barry.good info esp (for me)re:some indicators only relevant to us because they are self created on our chart only. food for thought
Great video, Barry.
The video was OK but nothing special. I feel it’s worth what you charged us to view it.
Good video. I have no problem with watching more videos this good. Can you do just as good with charts?
Thanks for the video Barry. I would like to suggest that the floor trader pivots are not concrete as well. They vary based on the multiple ways of calculating them and the various time zones being used (Eastern, GMT, …etc.)
Hi Al,
Good point – there are different ways of calculating Floor Trading Pivots. However for futures most people that use them, use the classic formula based on the High, Open, Close officially published by the exchange. Now when you get into using them for Forex, stocks, and other markets, I would completely agree. So great point, thanks for pointing that out – good contribution to the article!
Thanks for the info. Even promos like this help me get my head around the whole trading process as I continue to learn. I will take a look at the Invisible Edge ourse and give it due consideration.
Hi Barry,
You really hit the nail on the head with this last video as you usually do. But this time, it couldn’t have been more perfectly organized and narrated. Absolutely fantastic information. I hope to get together and work with you soon.
Joe
This should be The Best of Barry Burns.
Thank you. you are the man!
Barry.
Thank you for your help and sharing your knowledge.Great video.
i dont know what to say…. shall i appriciate ur way of speech or way of teach? amazing!!
Thanks Barry, Once again great information.
Hi Dr.Burns.
As usual great information, I find myself that daily simple sector analysis gives me good indication of the direction of the markets as some sectors have the power to move the whole market. keeping an eye on AAPL can signal the QQQQ’s direction for the day even on very weak internals.
Good trading.
Appreciate all these little snippets.
Thanks Barry
I love your teaching style. Always pitched for complete understanding. Just need to be more mindful when trading
Thanks Barry,
I always love the clarity of your thought and presentation.
I hope this comment isn’t invisible. 🙂
Nice job Barry. I believe over time a person learns what these invisible indicators are, but why not take a shortcut, buy the course and make the money back.
Great idea.
hey barry, a teaser but kool, I got your course 1 and 2 it’s fantastic stuff, I was shooting in the dark before, I like your course.
and you sound like you really like the stock market, and thats what makes the differance.
Thanks
I am still debating wether to start trading and if so, how much to invest?
Can I be sure to make money at the end of the week, having won more than lost.
Hi Barry.
Very educating and useful as always.
Helps me put things in perspective.
Many thanks
Yes, I agree, very informative and free at the same time.
Keep up the good work!
Thanks Barry, always appreciate more info.