Trader, Learning all the time....the market is like the weather....you never know what it is going to bring but you can only try to predict it based on formations and past or historical patterns.
I'm learning to trade technicals when an emphasis on momentum/news plays, breakouts and reversals. I try to keep an eye on market psychology at critical junctures on charts. I don't advise you do anything based on my opinions expressed herein.
imagery of a young, wet, clueless pigeon watching raindrops, from under a bridge---I believe nothing in any market is sacred, except direction and timing, with respect to velocity relative to your capital.
The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the person of inferior emotional balance, or the get-rich-quick adventurer. They will die poor. Jesse Livermore,Â