For traders, there isn’t a large disparity in the strength of methods.

Many traders think of it as the Holy Grail, but

basically there is no Holy Grail

There is one, however

but it is nothing more than the idea itself that “the strategy you are best at is the Holy Grail.”

People often imagine being able to catch the tops and bottoms in trading

and let their imagination run wild, but

there is no technical that can actually catch the tops and bottoms to begin with

such technicals require discretion

in other words, they are not much different from exclusive counter-trend technical analysis

If you buy or practice indicators that claim to catch tops and bottoms, you’ll understand it well

In such cases, there will always be repainting in a trending market

Even with indicators that do not repaint

repainting is almost unavoidable; you should understand how unreasonable this idea is

There are ways to catch the tops and bottoms, but

all of them only aim to “grasp temporary tops and bottoms.”

In other words, under the assumption that those tops and bottoms match

there is meaning in being able to “catch the tops and bottoms.”

This applies to any indicator

No one knows the tops and bottoms

so the position where a trend will start cannot be known

nor can the moment a range-bound market ends be determined

Markets are formed by the various ideas of traders that create price ranges like these

And those become support and resistance

Many traders

there isn’t much difference in the strategies’ outcomes

The difference is only whether they are using their strong method or not

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