Disliked{quote} Hey, you should not jump to conclusions about how I trade. Of course I can spot levels of S/R since im mostly a pure price action trader. All though I think indicators can be a supporting element to your trading when it comes to finding setups and eliminating false signals. If you read this thread carefully you can se that Eitan does NOT just rely in his indicators, but he is also looking at price action. I asked a question to Eitan, and you didn't even had to answer it. Im not really interested in your opinion...Ignored
No indicator none can predict false signal.All indicators are lagging.You can't eliminate false signals by using lagging indicators and does not matter how many red boxes line up.
Your reactionary defensive post already suggests where you are in trading.Good luck
In trading, you have to be defensive and aggressive at the same time