A plain chart is like a modern art which depicts the market sentiments as is.
Technical chart is like a digitized version of the modern art which most of the times dilutes or loses the picture of market psychology.
People talk about EDGE in the strategy. The real real "edge" is in reading the plain chart. Do you have that habitual edge ?
Note : Even if we assume that 99% of the traders use technical charts, probably 1% of them automate. It means the market is still dominated by psychological intervention than analytical one. Because manual trading is guided more by intuitions and instincts than the indicators on the technical chart.
The unfortunate part is that the trading mass "give" psychological inputs into the market and yet they are reluctant to "take" the psychological guidance given by the plain chart. This is where a handful of traders, who depend purely on plain chart, stand out of the trading mass and their very approach becomes the "edge".
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