If you take a very abstract view, in your day to day real life, your mind is constantly playing with waves and trends/cycles in real life. When your driving your car, your mind anticipates what the other cars around you are going to do. And you shift lanes or turn the wheel based on this. When your walking on the street or jogging, your brain/mind does the same thing. If someone throws a ball at you, your brain/mind reaches out for a certain point in space to where it thinks the ball will be. Trading forex is very similar.
Except its a two dimensional representation of a 4 dimensional world. Some people focus in on only the two dimensions, price over time. Others focus in on the 4 dimensions, space/time, to anticipate a 2 dimensional representation.
Except its a two dimensional representation of a 4 dimensional world. Some people focus in on only the two dimensions, price over time. Others focus in on the 4 dimensions, space/time, to anticipate a 2 dimensional representation.
Price is the only indicator.