I have two main arguments of why technical analysis works when applied correctly to trading any financial market and they are simple.
Would you like to day trader with training forex and also forex trading for beginner and trade like a Pro!
We then buy/sell our security early in these new trends and exit the trade profitably when the trend ends.
Would you like to day trader with training forex and also forex trading for beginner and trade like a Pro!
As you can see from the charts above.
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Would you like to day trader with training forex and also forex trading for beginner and trade like a Pro!
One is a chart of 100 daily closes of the Dow Jones Industrial Average and the other is a 100 random coin tosses.
These channels within channels are plotting the short, medium and long-term trend.
They illustrate the decaying rate of progress of the trend.