Trading the Technicals

[AJK]

Technical analysis can be a supplement tool for fundamental analysis but can't totally substitute it. Short-term moves are unpredictable by technical analysis, while it doesn't always work for medium-term moves, only for key levels.

often we don't see what's happening in the bigger picture... on the short-term we'd enjoy the minute "cheap" profits. but there's always a hidden long term pattern, which people who believe against would only understand towards the end of the pattern with a "costly" loss, even loss of everything.. a BIG red. market direction for a fundamentally strong country would always be upward in the long-term.

 

[Elektra-Greene]

How much would you count on patterns? I mean when you see a triangle which is broken to a side, how sure are u that this will not be immediately reversed? out of 100%

 

[siyalikashyap]

Can you decode the secret message it's sending? Share your thoughts!