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Re: Trading Markets Without Indicators?
If you're using candlesticks and "reading" them ala Nisson with all those names for every possible configuration, than they are defacto indicators. I use candles simply because they are easier on my eyes than barcharts, but you should be able to understand price action even without looking at volume per bar. Just zero in on the time & sales or the "print" in real time.
And remember, it's not about support and resistance, trendlines, or pivots. It's all about supply and demand, period. That's what moves markets. It couldn't any simpler. Why people make it complicated is perplexing. Probably has to do with tweaking and modifying this that and the other thing to find the Grail. My experience with traders is they pay great lip service to acknowledge there is no Grail and then proceed to tweak all knid of systems, methods, and indicators to find it. And that's why forums like this exist.
The input on this forum should be 80% on psychology and 20% on setups, not the other way around, imho.
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