If you actually want to make it this trading game or no matter how you call it, sink into your head that all of the TA you’re doing with thousands of indicators every minutes is just one out of the many existing ways used to anticipate markets.
Some move requires basic understanding of the context to be fully captured, some will resume from common behavior of players and all both from the market mechanism.
The common point is they almost always leave patterns behind on the chart and that’s where you step in as ta trader. TA is mainly pattern based, but if you, as trader understand the logic behind these patterns + context, that become confluence of signals, no need to overlay your chart with hundreds of indicators every time.
Don’t just follow theorical TA rules, try to learn the logic behind and always put it in the context (will explain this later).
Patterns aren’t formula !
$BTC
Some move requires basic understanding of the context to be fully captured, some will resume from common behavior of players and all both from the market mechanism.
The common point is they almost always leave patterns behind on the chart and that’s where you step in as ta trader. TA is mainly pattern based, but if you, as trader understand the logic behind these patterns + context, that become confluence of signals, no need to overlay your chart with hundreds of indicators every time.
Don’t just follow theorical TA rules, try to learn the logic behind and always put it in the context (will explain this later).
Patterns aren’t formula !
$BTC