@splitlink. I don't have a lot of time to watch charts, full time job, school, and 5 kids. So lately I've been waiting for the 50 SMa to point decidedly up or down and look for dips and rallies on longer time frames. 4hr, daily. When the 50 and some smaller ema's start to flatten out I throw on BB bands and a stoch. The thing is I won't take any trade unless in dip/rally/trending situation support has been broken and is now resistance or visa versa. And in a consolidating market the stoch and BB bands are at very obvious S/R levels. I usually take a loss when the markets are transitioning between trending and consolidating or visa versa. I use price action to confirm entries, but the indicators definately give me a directional bias. After a long time of stagnation my account is slowly starting to grow again.
