Trading the Technicals


Well-Known Member
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.
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