Keep adding technical analysis; stop before it becomes out of control.
There are trend markets and range markets in the market
And there are markets that move forward and markets that retreat
And then, due to the time-axis mechanism
a market that continues to advance will appear
But this continuing-advancement market itself is vague
it was something that could be understood only through past market analysis, such as being pulled by the 4-hour chart axis
and there are cases where it’s the daily chart
But this, in one word, is
a time axis filled with noise
In the end
the axis of the long-term time frame is ultimately about the coming future
whether it comes depends on the movement of the short-term bars
This may seem wrong, but it’s the truth
Between scalping and day trading,
the trader’s expectations align and misalign, twisting in and out
resulting in an anticipatory trend on 15-minute or 1-hour charts becoming quite accurate
which creates this mechanism
also, since it’s highly influenced by chance, it’s better not to rely on it
ultimately, market judgments are left to chance like playing poker
continuing to add technical analysis
becomes a reason for failure who cannot constantly understand these mechanisms theoretically
what one is actually doing is not so different from a quest for the Holy Grail
in a Holy Grail search, people only focus on profits
no, many also worry about losses
but in the end
the Holy Grail means a strategy that is hard to lose and yields large profits
or some stable strategy
but when viewed from a fully automated trading perspective, you’ll realize it’s impossible
for example, with a trend-following indicator that can determine trend-following in various elements like dollar/sterling pairs,
there would still be noise that cannot be eliminated
If we were to state only the final result
the truth is
in terms of the relation of losses to gains,
there is hardly any substantial change
Because the market will not remain heading in that direction forever
Therefore, don’t hold overly high expectations for technicals
Develop the ability to trade in the direction you prefer
Acquire discretionary technical trading skills
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