an indicator discussion..., page-94

Sounds like we trade in a similar manner Bris. I only have one indicator and it's more of an "idiot's guide to the current move" than a trading signal. I've posted many a picture and all it does is keep me from trading against the trend. I was a counter trend trader but colouring the candles has helped me to fix my thought processes and become a continuation trader. Was surprisingly hard to figure out why I was mentally a counter trend trader. The indicator fixed my view of the market, rather than telling me when to buy and sell.

Trading became much easier once I figured that out. I do have a few systems that work but not as well as my discretionary trading, so I agree with your point that they can work. Not many traders I know that have put the effort into properly developing and testing a system though. Not surprising really considering the complete lack of good software available in the Australian market.

Also when continuation trading, the "Stop limit" order for entry is your friend. Can you even do them on MM platforms?