Looking at markets and charts through a different perspective, other than just two sides buying and selling, we see things differently. Metaphysically, the patterns on the charts of the financial markets are all perfectly ordered by the Natural law of the Universe. You might just doubt it now and think that the moves on the charts are all random and everything, but you will see that these complicated zig zag patterns repeat themselves over and over as the time goes by.
It is the same case in all time frames. Some of you out there may suppose that this is the economic state that moves the charts, creating such complex zig-zag patterns but this is actually the human emotions doing so. When humans feel joy and prosperity we buy, raising the price index but when we start to feel fear and panic then we sell, lowering the price index.
The fact that matters is that this is the structure of human’s behavior graphed out on the charts, just as spider which is not aware of the beautiful web it builds. Therefore what traders construct in time and price charts are absolutely phenomenal and they should be able to study and research the humans behavior and consciousness instead of focusing on the markets and economic state.
Interesting article.
ReplyDeleteThank you for the helpful article.
ReplyDeleteVery interesting read.
ReplyDeleteInteresting post.
ReplyDeleteVery educational post, I'll keep it in mind.
ReplyDeleteVery useful information! Thanks.
ReplyDeleteInteresting point.
ReplyDelete