You asked if there were any "alternative way" to trade. The fact is that there are many different ways to trade, but success with any of them is always do to one thing in particular. That thing is experience. You should examine different styles and paper trade the ones that seem compelling to you and soon you will find something that just feels right to you. Once you begin to study and practice with patterns that you like, you'll begin to gain the experience and draw the distinctions that will give you the edge that you need to succeed. Also do not be afraid to make mistakes. Experience is actually the fruit of mistakes, if you take the time to learn the lessons these mistakes provide.

Lack of experience -> mistakes -> experience -> success.

Again, I believe it's all about keeping it simple. I trade strictly based on price and moving average support and resistance. Buy strength and sell weakness. Never attempt to call bottoms or tops, aim instead for the "thrust of the move". I do not use the CCI or MACD or Bolinger bands or momentum measures. I also keep a close eye on the S&P Futures, the Trin and the Tick at all times while trading. My best trades come from close examination of candlestick charts the night before, especially Daily charts.

My advice for you would be to also keep it simple. Plan your trade and then trade your plan, using as few indicators as possible. Too many on the screen tend to take us away from what we really need to be watching.

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