[ryounkin]

Just for the sake of opening up the discussion, my answer would be that it is impossible to trade without indicators. Price is an indicator. Volume is another. The time frame that you choose to trade in is probably a third. Choosing to use candle-sticks or bar charts is a fourth. Looking at a chart and deciding the trend is fifth.

Buck

[TinGull]

I would disagree that price and volume are "indicators". Indicators need to indicate information that is based on something...since price can't exist without volume and volume can't exist without price and neither can exist without time, then I would say those 3 items can't be counted as indicators. Now, one could say volume is an indicator of activity...but volume IS activity.

So...I would disagree about price and volume and time being indicators. They are the baselines that indicators derive their information.

[walterw]

Correct Tin... Price and volume are data... any mathematical algorithm derived from this data is considerated an indicator... (classic TA concept)...

NOW a candlestick formation its an indicator because there is some biased reading and interpretation of the raw data... same with volume, an x interpretation of volume makes him an indicator already...

So there is a fine line there between data an indicator actually... my two cents... cheers Walter.

[TinGull]

Thanks Walter