[torero]

I totally agree. Shouldn't listen to anyone without doing your own homework to verify it or not. It's my opinion, and it's only ONE opinion, so shouldn't take mine as is. I only emphasized that learning to read charts is important. I am not dissing indicators at all. I myself use a few indicators. They work better if a trader understand how price action works before applying them. At least understand how the formula of the indicator work before trading it if he's doesn't want to learn to read charts. Say, if a trader knows that oscillators work well only in range-bound markets, then he's already got a foundation of understanding in chart reading for that particular indicators.