Know what the trickiest thing about technical indicators is? Most of them only work in specific market conditions, and market conditions are always changing. Also, the market is never fully in a single state. It tends to have a single dominant state though at any point in time. The trading conditions I am best at are cycling range states. Also, I like to trade parabolic Runs and momentum moves if I catch them in time. I hardly bother with trend trading... Hardest type of trading there is! Here is the best description of the market states in my opinion... Trend State Cycle State(Range/Wave Count State) Momentum State Here are some interesting behaviors of different states... Both momentum and trend states like to steadily transition into Cycle States. Momentum states are usually always triggered by big news catalysts. Cycle States which decline to sideways chop like to transition into trend states. Luckily for traders market states change gradually unless there is news catalyst so trading strategies can be modified rapidly to keep the good trades rolling in! Sometimes it takes an hour of price action at the start of a trading session to solve what state the market is in... Prediction of market conditions is MUCH easier than where it's going to go. Funniest thing is that even though I may appear to use a lot of indicators... I'm usually only paying attention to price and one indicator depending upon what is going on.