Here's my take. If you rely on any one thing you are setting yourself up for a huge loss. I've seen soooooooooooooooooooooo many set ups and strategies and indicators in my trade time. Each has it's benefits but there always is another side of the coin with each.
I've tried to keep an open mind about so many things that pass before my eyes. In the end I will use probably a little from each. If I have several indicators, systems, strategies in place, I try to take a "majority rules" type of stance. It comes down to which things you feel comfortable with.
You know our friend charger comes here with charts from time to time. For me it looks like pure overkill. But at the same time he gives us a reason for what he sees. It's a picture. It's crystal clear to him. Now if his results work to his satisfaction, then who am I to deny what he is using?
Our mentor, the honorable SG has come up with strategies galore for us to explore (hey that poetry). But why keep looking for something new? I think it's because stuff gets stale over time. If you are closed minded to his offerings because your "system" works fine. You lose out on the experience and knowledge of what may have worked for others.
You yourself talked until the cows came home about the Elliot Waves. You even gave us videos to clarify what you see and why you believed one thing or another.
I could go on and on. Why do I bring this up? I just want folks to know, especially those that visit our forum, that their are many ways to find success in Forex. Find what fits and use it. And as you gain experience, try to incorporate other items as you become aware of them.
This stuff can be fun. Just gotta learn the game......
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