To understand what the current market is like, you must master it by looking at the patterns formed from past market behavior.
Past market conditions are the Holy Grail itself
The Bible is made of old loops
What can be considered in the Bible is pattern recognition
Therefore Dow Theory still continues to this day
If there is a Holy Grail,
it is still a form of pattern recognition
Even someone who is good at recognizing patterns visually
will not profit easily no matter who does it, and it tends to fail
Moreover, if a market with no technicals appears
Dow Theory would be finished as just a two-term combo of "useless" and "outdated"
Because in the end, the market is all about trends
When such a market appears, it is usually unusable
If there is a Holy Grail, it is "that market only"
The preceding recurring market, in other words
Pattern recognition
Secondarily, technical analysis
People are forced to rely on mechanical judgments called technicals
So they tend to gravitate toward that
But ultimately, discretion is indispensable in the results of capital increases
That kind of thing is what creates capital increases
※ For those who want to keep earning with FX, see below ↓
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