Someone wise said to "think of levels as zones" so that you trade them with adequate allowance for noise.

Just How Effective Are Intra-Day Support & Resistance Levels

1. You just make yourself look like a fool by saying rebuffed when you clearly don't understand the strategy. And making it the thread title doubles your apparent stupidity. 2. Why must anything be applicable to all pairs. Some things can't be. 3. ...

The Anti Hedging Rule By Jacko

The epitome of mature generosity. You can't use my toys if Johnny won't give me his :: (Note: Not interested in his indicators. First this is a thread about indicator free trading and second I use Sierra Chart.)

Indicator Free Trading - Skunny

JR, All one can hope when one runs into immature posters is that they are not just paper traders and that they will take the opposite side of some of your trades. Enjoy the ignore feature

Indicator Free Trading - Skunny

If you had posted 1 or 2 charts in passing I would not have commented. But you flooded the thread. And automatic fibs all over the place are just another indicator = crutch = distraction from price action. And then a (you decide if it was stupid) ...

Indicator Free Trading - Skunny

Would you guys stop flooding this thread with charts of indicators please! The thread is about awareness of price action not automation with mt. Please take indicators and debates about sharing software somewhere else.

Indicator Free Trading - Skunny

Improvement to Vegas System — I've been looking at the Vegas Systems and am currently looking at the Vegas 4 hour system. This strategy originally took 4 hour trades where the momentum turned back in the direction of the weekly trend. A ...

Lost in the Tunnel...

You might look at breakouts for an indication of trendiness. You might look for extremely low values of adx and then for adx to rise and break above some value.

How to figure when market is trending

How long do your trades last (what's a short trade and what's a long trade for you)? I ask because I see no value in fundamental info but perhaps my timeframe is shorter than yours.

Technically, I'm asking a fundamental question ;)

Yes. I like this post too. I might argue that point 14 can be achieved differently (instead of looking for trend resumption after a pullback on a 4 hour chart you could use a longer ema that reflects the 4 hour chart) but its still a point that ...

Poll: Is successful trading more dependent on skill than luck?

I had a thought (wondering across my simple mindscape) that I might be seeing this wrongly from being in the game a while. I see price as simple. A newbie doesn't. To a newbie price testing and retesting a support probably looks like so much complex ...

Why are we afraid of simplicity?

Great story about Princess Di, But the real answer to "what caused her death" is different although again it was two dangers for traders. Stupidity and Arrogance. Stupidity .... she didn't wear a seat belt (no money management guys) Arrogance .... ...

Technical Analysis Fallacy

Simple is best because most people add complexity to create the illusion of increased certainty. Instead they would be better off taking the simple display of price and beginning the complex process of learning to interpret it directly. Most start ...

Why are we afraid of simplicity?

I don't think horizontal lines at prior support and resistance or vertical lines at particular times constitute indicators. Too me, the "evil" indicator, processes the price or price and volume information and produces something else. That new thing ...

Why are we afraid of simplicity?

LOL. You are on to it .... "still got" You might also get rid of the zig-zag because it (1) obscures the price slightly and (2) means you don't see price movement as clearly. You might also get rid of the cci because (1) you realise you can see the ...

Why are we afraid of simplicity?

Interesting. OK. Mine are 10 years. Mainly minutes (started in daily). Six years for a living. My indicators were two emas on each chart and a cci on my entry chart for divergence but the cci went when I hadn't looked at it for 6 months because I ...

Why are we afraid of simplicity?

Aldente, 1. How long have you been trading? 2. What timeframe (x mins, hourly, daily etc)? 3. How long have you been trading for a living? I ask because I think that simplification (by removal of redundancy and by being able to read price better) is ...

Why are we afraid of simplicity?

I liked this post given my path of trying and programming every indicator in creation over the last 10 years. Earlier this year I got rid of the CCI off my fine tune entry/exit chart leaving nothing but a couple of MAs on each chart (tuned to ...

Why are we afraid of simplicity?

And I was sure that the story took place in the streams of Northern India (lol, not that it matters). Those who picked that it is a story about the young monk's attachment and need to let go of it have picked the originally intended meaning.

Technical Analysis Fallacy

The reason people don't talk about this simple stuff is that indicators are seductive, sexy, and make it easy to program back tests. Even after 10 years I still check out the latest claims (and then abandon them a little later because they are less ...

Does this NOT work?