Amazes me how some of these people sware to be experts on the topic because they have knowledge on how to read a pricing indicator OR Oscillator, I bet over 80% can't even trade period if you didn't have those indicators, period..Amazing but back in the early 20's-70's these indicators didn't even exist. How do you think traders made money? what do you think they referred to price action and volume. You got people saying the method doesn't work when jesse livermore, t. williams and r. wykoff all traded using this method..You mean to tell me that it doesn't work when thier's proof of the guys becoming successful using this method.They claim it doesn't work for the simple fact these people can't even learn how to do it. We've become so lazy instead of learning a new method which can actually help you predict price movement in real time we rather use an indicator which lags price action and market movement. Not saying that indicators aren't useful but have an understand of why and how currency or stocks move before you sware that your an expert.