Thursday, January 22, 2015 1:20:47 AM
it shows all the essential lines ,channels, different layers of wave patterns, parallel lines, basic tools like Andrew's pitchfork.
and the problem is that its probably hard for the untrained eye to see the picture. But for me, I can see everything on it.
Its no different than a road map....do people look at a city's road map and say "Whoa, theres so many roads and intersections, I wouldnt be able to get around town with that map.... which is ridiculous because anyone can read a road map.
Anyone can learn to watch and read price action, or candlesticks, or the basic TA tools.
If a person can play scrabble , they can study a chart.
If a person can put together a jig saw puzzle, they can do TA on charts.
That chart is not too complex to see what it shows....a trend channel going up and what the channel going down looks like.
I dont imagine I could frame it and sell it at a yard sale, but it does have value to a trained TA chartist.or those who want to learn.
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