Quote from cornix:
Yes, there are quite many delusions related to reading charts indeed. Some people preach indicators or certain patterns like a Holy Grail forgetting it's the trader who is the grail him/herself and that's why this thread is so interesting for me.
Agree on past results. Trading is like sports or some military professions: you're only as good as your last shot. Every day all from scratch.
"Reading charts" IS a delusional concept.There is no need to "read" anything.This is the main collision in your debates with surf.No need to support the charts with any indicators as well.The market has one and only one structure.All sort of indicators,order books,price drivers,et all is just an attempt to be "faster", "smarter","brighter",whatever...There is no need for that sort of thhings,at all.
