①Principles: What is the most important aspect to be aware of in “Technical Trade”?
The old Product [TrendlinePro] sales page introduced
was about past newsletters and the contents that answered everyone’s questions,
and because there were repeated requests to see it again,
we are, for the first time in ten years, “reorganized and reintroduced.”
We have kept it as concise as possible, so we would be glad if you take a look.
the act of analyzing charts to trade.
In modern times, where chart analysis on PC is standard,
indicators are very familiar,
beginners tend to start learning how to use indicators before learning the principles of the market itself.
In fact, most indicators
can serve as rough guidelines for self-imposed rules, but they are not effective on their own.
If you follow indicators that are subjectively chosen by only yourself—
based on timeframes and parameters—the market movement will never be guaranteed to follow them.
there is a general rule: when human consciousness concentrates, a pattern emerges
Market price movement is influenced by phenomena that can be as infinite as natural laws,
so it is impossible to predict every rise and fall, but
because the market is created by people,
where human awareness concentrates, there is a law-like regularity.
In other words, price movements reflecting human psychology are
essentially a matter of consensus,
so concentrating on the areas of consensus and analyzing them objectively,and riding the same momentum
is effective..
What people around the world observe most is not a single indicator,
but the movement of the chart itself.The movement of the chart itself.
To read that,
the world’s traders share a common understanding as the fundamental theory,
the oldest and most famous isDow Theory.
By learning the Dow Theory,
you too will be able to identify shapes in price movements
where the consensus tends to gather,
making it possible to ride the trend along with it.
All of "Technical Trading" begins there.