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Agreed. Price and price action is the important item, and indicators usually just distort or delay. If you can simplify to the point that you can envision, then anticipate the action, you have truly evolved to where you need to be. I use some items on the chart, not really indicators, but more "highlighters" to keep my attention focused. This has completely changed how I view setups and my discipline and patience has increased exponentially because of it. This was my Aha! moment. If you are not sure what or where to look to improve, I'd still recommend a mentor. I was mentioning someone that helped me get to this point of vision in my original post as I thought it may be helpful to others as well, but apparently sharing that level of detail is not appropriate here so my entire post was deleted, my bad. My premise still stands though, find someone that is successfully trading and ask the questions that will clarify for you. Everyone's questions will be different and the answers will mean different things, so if it doesn't click for you, move on. You have to find what your psyche needs to allow you to be successful. Trading successfully is mostly psychological rather than technical, at least for me...
Nice info... "Context" is what I missed in my remedial trading class some years ago. Just a curiosity, is this reprinted from somewhere or are you the original author?
I wrote it, but after having studied Wyckoff since '98. I had a tough time getting people to read Wyckoff's course. I can guess the reasons, but that doesn't really matter. Eventually I threw the chief elements into a can and shook it real hard and poured out the SLA. The AMT stuff was the result of my own research, though at the time there wasn't a whole lot out there. Wyckoff came just that close to AMT. I suspect that if he hadn't died in '34, he would have taken that extra step and come up with what Steidlmayer finished fifty years later. Livermore understood AMT as well to some extent, though he didn't quite put it all together either.
If I haven't written something myself, I always provide attribution.
Why would we want to? It's fun, it's interesting, and it's often fascinating. And as one grows older, keeping the "mind" active is critical. 90-120m a day and then the rest of the day to do as one pleases. Beats sitting around watching your toe nails turn yellow.