|NYWallSt ||Jan 2, 2010 7:01pm | Post# 44 |
Looking for patterns in the market may seem like the smart thing to do but in the end it is really folly.
What's folly about it? I dont just look for patterns i also look for resistance and support breaks. Like i said before, i just trade in a simple way now and look at what price is doing, Your basic Support becoming Resistance and breaks. Anyway my original point to my thread was that I, Like many others, was looking and looking for indicators that would help me become profitable and when i removed them all because of lag, my trading improved.