DislikedHey guys,
I see a lot of posts here, but not one touches on the fundamental side to the graph we are seeing.
With due respect to all, just because YOUR line is there, and price reacted to it IN YOUR MIND, does not mean anything to anyone else, at least it shouldn't.
This is why we have different opinions: one guy sees a triangle, the other H&S, and of course we have a 50% fib level that we should look for. *yawn*
Why are we having a dead week so far? Look at the news: what is driving price movements? Really there is nothing too Earth shattering. If there was good USA news, there was bad USA news; same with the EURO. Thus, a flat couple of days was born.
What will happen in the future? Keep guessing based on your charts alone, but I prefer to focus on certain news events, and logically think through what could happen.
This may be my last post here, because quite honestly, I can't take all the useless predictions that I have to read here.Ignored
no see
no hear
no speak
in steve nison's book, its explain how janpanese use those phrases.
no see: dont watch news, because they will not be the first hand information. big trader, cot, even news paper got them more earlier then you. how can you be benifit from the news?
no hear: most of time, chatroom, common, opinoin from other trader will drag your right decision down. keep away from them.
no speak: never never tell how or what you are going to do in the market.