Hmmm........ So many opinions.
As for me, I will say, traders are usually and most often than not one the wrong side of the market because the refuse to FIRST determine the market condition.
Is the market trending? If yes, Up or down? If up, only favor buys and vice versa for down. If ranging, stay out!
Doing this will save one from lots of false signals of both TA and FA.
As for me, I will say, traders are usually and most often than not one the wrong side of the market because the refuse to FIRST determine the market condition.
Is the market trending? If yes, Up or down? If up, only favor buys and vice versa for down. If ranging, stay out!
Doing this will save one from lots of false signals of both TA and FA.
Determine The Market Condition; then trade it!