On days without market trends, I should share some of my trading insights with everyone. Over 2000 pages of my personal handwritten trading highlights, I think even a book on trading masters is only a few hundred pages long. The insights I share are genuinely substantial enough to help fans improve their trading skills; no fake masters have the qualification to be pretentious about this. ☝️
For a wave of market trends, it can actually be summarized in one sentence: Candlestick charts flow like water, and they tend to flow towards the position of maximum resistance. In places without resistance and support, the fluctuations of candlestick charts can be unpredictable, with infinite possibilities for movement.
So generally at this time, you should choose not to look because it’s useless to watch; the changes are too unpredictable for you to respond to.
However, when the candlestick charts fluctuate towards resistance and support levels, they will start to display patterns. That’s why my articles always focus on support and resistance levels, because the fluctuations of candlestick charts at these positions are very patterned, responding to change with consistency.
This is what I mean when I say that candlestick charts are like water. On a horizontal plane, their flow is chaotic and disordered, but when there is a significant support or resistance, it’s like applying an angle to that plane, and the market trends will tend to move towards that significant pressure or support. 💪
This is the most fundamental aspect of trading. Learn to utilize pressure and support levels, and once you do, you no longer need to chase after so-called analysis masters; you don’t need to pay others to teach you these superficial concepts. Trading is very simple; once the logic is clear, trading is like playing a game.