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You're absolutely right, I dont understand. I really didn't intend to start an argument on the matter, its just how I trade. Id be glad to show you what I look for in a chart and you show me how an indicator would improve my analysis?

Problem is that your indicator, which has been designed for certain market conditions, wont work consistently in all market conditions. Simplest one I can think of is a moving average - only buy when price is above 200MA. Works great in a trend but get stuck in a range and you get carved up. And...

Thats the point Im trying to make. Trading decisions using indicators is just as random as trading decisions without indicators. Why introduce another level of complexity into the equation?

Predictive power of price patterns is just as powerful. I dont mean the usual patterns that everyone and their dog looks at. I specifically look for signs of exhaustion to either enter a trade reversal or to get out of a trade. Signs of accumulation or distribution according to Wyckoff are...

Yeah its wasted on me :) ...Im like a hobo driving the latest luxury car hehe.

Im always willing to learn. Perhaps you would be kind enough to share your knowledge? I need all the help I can get :)

Thanks for letting me know. Sitting tight is one very difficult thing to learn. Fighting my imagination when no trade exists is an exercise in discipline.

Squirrels. Ive often wandered to myself why it is that these little critters jump out at the last moment in front of my car and make a mad dash to the other side of the road? Got me thinking. 1. Is it an initiation into the group? The closer squirrel gets to the tyres the greater his...

To use or not to use is a question everyone struggles with. My reason for not using any indicators is because they influence my decision making ability in a negative manner. My brain recognises: Patterns instantly without me having to put any effort in at all. Whether price is trending/...

I havent read this entire thread. Cant be bothered tbh. 1st few posts were pretty interesting but I just want to ask why the hell anyone would attempt to factor in funnymentals into their trading decisions? Me. I just watch the charts. Its the one place no one can hide from.

Its all relative. You just cannot get through to some people. Kudos to you for trying though :)