Quote from: MusaMohamed on June 28, 2023, 08:12:56 AM

Quote from: dansus021 on June 21, 2023, 03:39:28 PM

Yeah but in my opinion, some patterns need other indicators that support them sometimes it fails to use only pattern, especially in a lower timeframe you also don't want an ending like this image below.

Many times, the market moves oppositely to what it should move based on patterns which are used by most of market participants. If the market moves exactly like what most of us think, most of us will be rich. Many years, in all markets, most of people lose money and only very intelligent investors, traders get richer.

Don't trust patterns and indicators which are set up by Market Makers to help them richer and make us poorer. Focus on fundamentals and have a wide overview, long term plan are better.

The same thing when I play gambling and I'm expecting to win, I will only lose but by the time I play randomly and I forgot to think about winning a profit, I can win smoothly lol, why is that? But did you get what I am thinking? Maybe we should start thinking the opposite from now on when we trade and play gambling.

Let's see if we will make a profit this time. You said to focus on the fundamentals. Really? But I think many traders are focusing on technical too much and I still believe not many are losing because they are also wise and they don't just rely on others' pattern or signals. Another thing about relying on our own, is that we can avoid blaming other's in case we lose.