Technical analysis is all about late information (even Dow Theory) — the only thing that matters is pattern recognition

One-way concept

You just challenge the long-term view with entry and stop positions in the short term

Dow Theory is just a post-hoc proof after formation

Short-term and long-term time frame concepts are also post-hoc

Basically, you trade before or after it forms

When you enter, it retraces or changes shape, and the chart pattern on the long-term time frame changes and ends

The market moves based on the long-term time frame, but the long-term time frame often breaks

So relying on the long-term time frame in the first place is wrong

Therefore, the concept of multiple time frames becomes nothing but noise

The concepts of multiple time frames, Dow Theory, candlesticks, and technical analysis are all useless

Because when things go well, movements often change midway; in other words, it doesn’t fit well

There’s no way to analyze it; it’s just a retrospective occurrence, and there’s no guarantee

It isn’t analysis; such movements just happened to appear in the past by chance

Therefore, the only thing that can be analyzed is pattern recognition

Pattern recognition has not changed since the past

But this is not something that can be analyzed with technical analysis

Because movements that cannot be adapted to technical analysis are reflected

Pattern recognition is only reflected in the chart

There is only a way to analyze either the movement of the main chart itself or the price shown as text

It’s enough to know the reasons and concepts of Dow Theory and candlesticks; nothing else is necessary

Trend lines = meaningless

Support and resistance = meaningful because they are price ranges

Even without looking at the chart, if you just watch the price ranges, you can understand the movement

It’s about awareness at support and resistance

Price (support/resistance) and time (Dow Theory, candlesticks) — these are the only analytical methods

The market does not move in exact 15-minute intervals

As prices rise and fall, considering the price surge, the relationship between time and price changes

Honestly, you can’t possibly reveal the relationship between price and time

You must trade with the mindset of trading by price alone

If you trade with support/resistance and pattern trading, you will achieve sufficient profit through an expected withdrawal and take-profit

The rest is whether you can adhere to those rules; you won’t do anything outside the expected harmony

※ If you want to continue earning in FX, go here ↓