Recent content by zygma

Well you know its not only in the market that history can help us with the future. Based on your responses to my and others comments it was easy enough to predict what you would say next. Very easy really but I have to agree I could have been wrong. Most behaviour is not random but fairly...

A support level can become a resistance level and visa versa when those levels are breached. Also new levels emerge over time but I am assuming that when you want to trade you would be looking at the relevant levels at the time of that trade. The most important point to note is that much of...

The charts are no more than a picture of the psychology of the market and TA the analysis of that psychology. The newtonian reference is to the momentum at a point and is obviously correct: price on very thin trade can go anywhere but when turnover is huge any reversal is unlikely to be...