I am sure this post will create a lot of replies, although after reading countless posts, books, reviewing countless strategies, paper-trading, simulated trading -- analyzing data, trying to find patterns, reviewing TA, checking out various indicators, I have finally reached what I feel is the Holy Grail. Many traders obviously use different systems to varying degrees of success. I've read books from Elite Traders that say, "you don't want to do this!" when another very successful trader says, "I always do that!" I then got fed-up with all the information and started on a quest to come up with my own analysis of the market that would exploit it. I've seen countless traders use Bollinger Bands, RSI, MACD, and <insert a TA indicator here> to varying degrees of success or failure. You know what I've found out in my short little journey through trading knowledge before I dive into ES futures myself? Here is the Holy Grail of Trading as I perceive it. First of all, all these indicators are utter trash. I'm sure a lot of people are going to rip me apart -- but the only indicator worth having besides your chart and tape are a couple of moving averages. I've been in chat rooms watching a lot of traders examining at what angle the chart hits a bollinger band and then review the RSI and determine what the momentum indicator is saying -- however, all of that is useless because the most important information is right there in the chart. The chart is showing you the trend -- so throw out the trend indicator. The tape is showing you momentum and buy/sell interest, so throw out the momentum indicator. Its like driving a car and using the onboard mapping system to drive without ever looking through the windshield! Are you going to get to your destination that way? No! TA may work for some traders and keep them somewhat profitable, but I am thoroughly convinced now that the best method to trade is using simplicity. That means looking at the chart and watching the price action and perhaps a few MA's to give you some idea of short and long term trends. I'm so sick of TA that I'm going to take my Technical Analysis book outside and burn it. TA is great for academics or other people who like to have 50 indicators in front of them -- but the more you use TA the less your brain can process the most IMPORTANT information which is found in the -- you guessed it -- CHART AND TAPE. So that just leaves a system, which I've been using and it works. So then now that just leaves one last thing. For me to open up my IB account, wire in 5k and put my money where my mouth is. Too much information -- too many complicated indicators. It's all BS, really. The Holy Grail is simplicity, system and money-management. The Holy Grail TA indicator will NEVER be invented because it already exists in the price action and charts!!!!!!!