ZOWIE! Reading blogs would make someone think trading is all kinds of complicated, what with bloggers and so called 'experts' looking for "set-ups" using moving averages and lagging indicators. Think of it: every indicator is made up an an average of past market behavior. Do you really want your trades to be average? The market actually moves with precision; the chart is a simple record of the precise time and price. The best and Only skill a trader must achieve is to be able to read the price action behavior and market structure with precision, in real time. That skills is best acquired with out averages of the past and indicators of any sort, but rather from simply observing a bare price chart with the an understanding of market behavior.