DislikedI was a firm believer in technical analysis (TA), and based my trades solely on it. But slowly, I've come to see the light that there isn't any such thing. First time I doubted technical analytics was when I saw a video where a guy was doing technical analysis on a picture of mountains. Yup, he was drawing support, resistance and trend lines on mountains. So, today I was looking at a chart and thought why not draw the lines and see if it connects. Its just a chart of daily watch time in minutes for my Youtube videos. There are no sellers, no buyers,...Ignored
i think the whole idea of tech analysis is to draw out a scenario for a typical retail trader. you want to get insight into what they're seeing at that moment, and when you see that wrong move...you pounce!
Working towards CME membership