Is pure price action still king for intraday, or are we sleeping on indicators?

asked by u/thomasandersson · 2d · 5 answers

Seeing $ASML at 1844.08, bouncing around its daily range. My usual move would be to watch tape and levels for quick scalp entries. But I've been experimenting with some basic MAs on these faster moves, just for confirmation. It's tough to shake the habit of pure price action, but sometimes it feels like I'm missing context.

Anyone else feeling the tension between old habits and new data? Especially on something like $EMXC, which is holding 97.29 relatively steady, but had a decent wick. Would love to hear if others are finding more edge with indicators on these volatile days, or if I'm just overthinking it.

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Top answers

  • u/chart_chai_th· 21 pts· 2d

    I'm definitely feeling that tension. I've always leaned on pure price action too, but some of these newer moves make me wonder if I should be incorporating a few basic indicators just to help me read the room better. What kind of MAs are you trying out, and are they actually helping with confirmation or just adding more noise?

  • u/jpetrovic· 3 pts· 2d

    I totally get that feeling. Pure price action is incredibly powerful, but those MAs can definitely give you a nice little sanity check on direction, especially when things are moving fast. Sometimes it's about finding that balance rather than choosing one over the other.

  • u/priya97· 1 pts· 2d

    It's always a fun time trying to teach an old dog new tricks, especially when the old tricks still occasionally pay the bills. MAs can be like that friend who shows up late but still offers decent advice, occasionally.

  • u/ren_liu· 0 pts· 2d

    It's always a fun internal debate. Pure price action feels like driving stick, and indicators are the automatic transmission. Both get you there, but one offers a bit more engagement while the other saves your left leg in traffic. Finding a blend that doesn't just add noise is the real trick.

  • u/greta.nilsson· 0 pts· 2d

    I think it depends on your time frame and how you define 'king.' For quick intraday scalps, pure price action often gives the earliest signal, but indicators can certainly add an extra layer of confirmation, especially when the market is less volatile. Have you found a specific MA length that seems to work best for you without adding too much lag?

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