Chamonix, I get what you're saying - I really do. I dont know what more you want me to say.
In all of my posts, price action comes before indicators. I cant make it any plainer than that. If I was to buy a stock that was in consolidation, I would want the majority of indicators backing up my thoughts that it is actually going to break out to the side of the market that I am on.
Why would I want to enter a trade in consolidation that has indicators that are INDICATING hidden weakness.
Why not just move on to a trade that has indicators working with me?
Just because an indicator isnt lining up with price movement doesnt mean i wont enter a trade. Its about matching the indicators up to different price situations and overall market conditions. They are just one peice in a much bigger puzzle.
