I agree with you Atilla, about what truly causes markets to move.
But TA is a recognition that we are not privy to such inside track information, we are outsiders, and that we have to infer intent from a second-hand position.
Maths and statistics based trading, or patterns-trading, or pullbacks, reflects an outsiders view, where we just try to follow the prime-movers trail.
But TA is a recognition that we are not privy to such inside track information, we are outsiders, and that we have to infer intent from a second-hand position.
Maths and statistics based trading, or patterns-trading, or pullbacks, reflects an outsiders view, where we just try to follow the prime-movers trail.