Is it demand or can it be and supply support and resistance? Is it shed base rally or rally base rally and vice versa? What is confirmation and the way to do it? Should I put MA, RSI, CCI or Bollinger to assist my transactions?
If you're reading this, probably you're asking those questions. Unfortunately, I really don't have the answers and it is not my intention to provide you a system that is a copy of first (if something like that exists in the first place) but sometimes I will post some images that, in my humble opinion, may work. I firmly believe that every trader must discover his/her own method using tools which are made available to create edued decision and suit his/her own natural ability.
So, then you ask, what's the objective of this thread? Well, the solution is: no objective! There is countless number of threads and resources on this topic that another thread is similar to a drop in the sea. You are free to take part in all them and believe that someone is going to teach you something you have to learn yourself. Certainly, Sam Seiden and OTA deserve most, if not all, of the credit because they influenced the entire'movement' if you may.
You are absolutely free to post your opinion, picture of the chart or remark and by doing so, please be respectful to others. Additionally, what I noticed, other threads are dealing mostly with'winners' (in transactions of course) but probably the'winners' are the best way to go. So, don't hesitate to analyze'winners' and why they occurred.
Trading is like a chess game. You move your pieces but if you do not plan ahead the results of the game is decided before it even starts.
So, to keep up with the subject, I made a move with a pawn!