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Not necessarily Alexis, there is open, high, low, close and any combination.

Opuschild, isn't that what TA does, focus on price and volume action? Am I missing something? Your input is appreciated.

Thanks veekay304, your post was extremely helpful. I agree with you that TA is just one tool in a big tool box. Thanks again.

Thanks for your response there intradaybill (at least you did respond), but we each have our own trading styles. There have been almost 100 views and only 1 response. It seemed to me to be and extremely relevant question if you're using indicators for trade confirmation (aren't we all, bill...

A cardinal rule for the successful use of technical analysis requires avoiding multicolinearity, i.e using two indicators that use the same data in their calculation such as closing price to get confirmation of a price move. Does anyone know of a source (book, internet site, whatever) where they...

A cardinal rule for the successful use of technical analysis requires avoiding multicolinearity, i.e using two indicators that use the same data in their calculation such as closing price to get confirmation of a price move. Does anyone know of a source (book, internet site, whatever) where...