Originally Posted by
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I can only state it many times, and then watch as people run hither and yon, blowing off the nose in their face!
INDICATORS, PRICE ACTION, CANDLESTICKS, CHICKEN BONES AND THE MAN BEHIND THE CURTAIN ALL DERIVE FROM ONE PLACE -- THE MOVEMENT OF THE PRICE (which, by definition is price action)
You can MEASURE this action with candles, indiors (both analog and digital) or a bloody ruler -- ONE CHOOSES WHAT THEY LIKE!
Indiors have proven their worth over extended periods of time and japanese candlesticks, being quite lately approved...