“The Oriental Economic Online” column now available — read future price movements with charts

Good morning, this is Matsushita.

At the seminar held the other day,

participants

shared this concern:but you cannot predict future moves.”

“You can analyze past price movements with charts,

Actually, this is a bit of a misstatement.

First, there is no doubt that you can analyze past price movements with charts.

By learning technical analysis,

you can correctly analyze past price movements.

Moreover, saying that “the future price movements cannot be read”

is incorrect.

If you use charts,

you can read future price movements.

So how do you read the future? By performing past analyses,

accurately perceiving the current price movement,

and reading that the future will be the same as the past,

in other words,

that is,

“charts always repeat the same movements.”

This is reproduced under a certain probability.

Therefore, by using charts you can read future price movements and

use charts to generate profits.

“Charts cannot read future price movements.”

People who think this

are mistaken and, frankly, very unfortunate, so

please deepen your understanding of charts one step, or two steps more.

Profit can be achieved from there.