[cattus]

Hi Sparrow.

I know that you understand the importance of the price action, but anyway, let me tell you that about the different areas of the analisis, I have the following order of importance for those areas:

1st. Structure. There are important levels for each pair or another kind of instrument. The price moves from one level to other level.
2nd. Patterns. When the price react to the levels create patterns. Some patterns work better than others in order to predict the action of the price. Ms(Ws) are a good example of some kind of patterns.
3d. Indicators. It help to us to understand the momentum, to see specific signals, to see the action of the price like an oscillator (with its benefits), etcetera.

I always try to understand the market in my analisis by those order, but let me tell you that I fight all the time in order that the indicators does not rob all my attention, because it happens to me very frequently...

Well, I just wanted to comment that....

Cheers.

Cattus