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Post# of 42555
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ultimatepick

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Alias Born 11/15/2005

ultimatepick

Re: None

Tuesday, 02/06/2007 1:12:42 PM

Tuesday, February 06, 2007 1:12:42 PM

Post# of 42555
I do not know what all the fuss is about? Trendline breaks, supply and demand lines and support and resistance can be used to trade without ANY INDICATORS.

The questions is : what IS TECHNICAL ANALYSIS?
If I whip out an RSI, Stochastic, MACD am I trading technically? YUP!
If I draw a price support line and wait till it breaks it to go short am I trading technically?
I don't think so.

It is all up to interpretation. I know one thing for sure!
Price action is king.

Live long and prosper!
Ultimatepick



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