I keep on getting good quotes from Rick (@tweeterTrades) so I don’t have to dig into my reserves ;-):
“Price is the only truth in the market, anything else is a lie, a damn lie or statistic.”
I am sure this will be another good one for discussion and to a certain extent, I have to agree.
I really believe that most traders would improve their performance by taking a lot (if not all) of the indicators they have on their charts off and focusing on price action and support/resistance. Please note that I wrote ‘have on their charts’ and not ‘use’ …