an indicator discussion..., page-56

I use support and resistance levels, volume spread analysis (VSA), and risk/reward ratio's to enter a trade and set a target.
No momentum indicators or swing ratio levels or time based consideration at all.
Once in the trade I manage the position using VSA primarily and short term trend continuation.
Time forms no real part of the process and I see no reason for it to do so. This is some of the reason I use volume charts, which do not have any form of time measurement.

Others here may have a reward/time expectation component whereas I use reward/dynamic risk instead, however having said that, I do not trade illiquid products, which suggests I do in fact make some sort of time considerations when selecting a trade.
While ever price change continues towards my target and fits within my dynamic risk parameters,why bother to measure time ?
Each time I exit a position I'm forced to find a new position to invest, which places my funds at the greatest risk due to stoploss being totally at cost to my funds whereas later in a trade, some or all of the risk is at the markets risk not mine. Exiting because some time measurement has expired seems silly.

This should be my last post on this subject, a forum devoted to indicators when I dont use them, is not the place for me to be hanging out
Have a great evening everyone.
Cheers, S