Good quote Bill, and yeah individual players and news events can trump technicals and a fair amount of regular TA flat S&R etc. is fed to the cannon fodder, but understand it's limitations and use it in the context of what market data is telling you.
If you play the probabilities and use TA in context (oh and maybe chuck in a little Wyckoff to try and read the big money plays) then it works.
Just have the discipline to get out when your indicator signal or pattern or whatever is broken, and for Pete's sake use some good money management.
