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All your previous posts make it clear you're a very bright guy and I bet you'll see soon that you can quantify your trading ideas by constructing specific rules for entries and exits and then testing them.
Focusing on the concept of market inertia has been most helpful to me, i.e., under certain chart entry conditions price bars are more likely to continue moving upward or downward for a few or several more price bars (body in motion staying in motion until acted on by another force...), while under most other chart entry conditions such continued movement is less likely.
I believe you have mentioned that you prefer to trade without indicators (maybe a moving average? not sure). All my systems use indicators to quantify momentum, trend direction and volatility, and I've never developed rules-based trading systems whose entries and exits are based on pure price action, but I know it is possible.
I'm confident that one can identify chart conditions where market movement is more likely to continue (inertia) using price action techniques and then design specific entry and exit rules to test around these concepts. After that, one can scroll back on the charts and start moving them forward one price bar at a time and test whether the rules have merit. Then one can adjust the rules in a logical way to try to improve the results and test again.
The best examples of this method in practice that I have seen are the journals created by Volpri and NoDoji. NoDoji's journal includes input from other price action traders too and is in the Hall of Fame threads if you might be interested.
