Before we move on, you may wonder why I’m wondering why I’m continuing this at such an odd time. Or most likely, you didn’t think that but are now. Nevertheless, it is because I am very busy and apparently, it is too much to ask for me to do some decent research because there has been some issues accessing some sites for data that I wanted to pool. So now, you get a short version of what I intended to go through (and without charts because I want to satisfy my own rambling before all else).

Picking up from where we left off previously, price action dictates who makes and who loses money in the market. When you try to think about what drives the price action, you move into the realms of fundamental analysis. Technical analysis is all about the numbers.

The demand and supply of the market isn’t always rational. In fact, from my experiences, it rarely is. Human emotions kick in and affect traders who then buy and sell in a blinded frenzy. I dare say that this contributes greatly to the noise element in the market. In fact, it’s better when the market is irrational. A bunch of logical thinkers gathered together would provide as much progress as a philosophy session. My particular ‘style’ of technical analysis involves me deducing any information asymmetry within the market and act upon it before the market has time to digest everything. Err… fancy way of saying pick up on a movement before it has finished.

I’m gonna go into specifics into how I do it exactly but maybe brush up on Elliot Wave Theory if you’re not familiar with it because what I do is an extension to it. I’m keeping this one short because I suck and I have no time and life is bad and saof;jg  13409237u5 rilkdfmngsv 9i43oj4t klj……