Market repeats it self and it does on every time frame , there is no Question how smaller time frame you can consider , if you select 1 Minit it works exactly the same way
the only surviving tool for any trader would be identifying this kind pattern and trading them correctly in the direction of the larger trend ,
as every one says market repeats it self but you will not find much people who can give you an information how the market could move in next couple of season and being professional what we do is the same system what i have placed an information in the chart , we identify it and trade it according to higher time frame direction
does it mean we are fully expert ?? No we are no different form you , what is difference is we have been habited to identify these pattern for so long year that we can even forecast them before market moves
SO why retail traders cant identify these pattern in advance ??
Answer is no surprising : Mass retail tends to consider some sort of theory and none of them have proving s more than 40 % in reality but still they think it works and they think they did some mistake " Overthinking is the biggest cause of failure ""
Market is very simple and easy , but most take it as difficult task and end up losing hard earned money
Out form No ware there are some trolls come out and start arguing with out knowledge
So Finally what is the solution for this ??
Answer is : Identify the correct methods which works in the market , trade with pre-defined stops , practice hard to learn how best you can forecast ,
Lastly use this trading view software its one the best tool you will find in the world that works so smooth and endless opportunity to analyse the charts
Good luck keep learning & Keep trading safe
the only surviving tool for any trader would be identifying this kind pattern and trading them correctly in the direction of the larger trend ,
as every one says market repeats it self but you will not find much people who can give you an information how the market could move in next couple of season and being professional what we do is the same system what i have placed an information in the chart , we identify it and trade it according to higher time frame direction
does it mean we are fully expert ?? No we are no different form you , what is difference is we have been habited to identify these pattern for so long year that we can even forecast them before market moves
SO why retail traders cant identify these pattern in advance ??
Answer is no surprising : Mass retail tends to consider some sort of theory and none of them have proving s more than 40 % in reality but still they think it works and they think they did some mistake " Overthinking is the biggest cause of failure ""
Market is very simple and easy , but most take it as difficult task and end up losing hard earned money
Out form No ware there are some trolls come out and start arguing with out knowledge
So Finally what is the solution for this ??
Answer is : Identify the correct methods which works in the market , trade with pre-defined stops , practice hard to learn how best you can forecast ,
Lastly use this trading view software its one the best tool you will find in the world that works so smooth and endless opportunity to analyse the charts
Good luck keep learning & Keep trading safe