Posted by vantraveler on 18th of Dec 2023 at 02:31 pm
It would be helpful if Matt and Steve gave more probability to
direction on their chart analysis. I do hear Matt often
suggest his opinion on which direction he favors on a chart. That
is very helpful from an education standpoint. It validates or
contradicts what I am thinking. It would be helpful to get a
bit more of that from Steve as well. I understand the
philosophy of trading the break. And I know Steve's comment
to this post would be not to prognosticate, to simply act on price
action. But on most charts, a technician should be able to
look at all the indicators and have a thought on the general
probability of price moving in a specific direction. Again,
providing an emphasis and direction can assist members in
particular trades and education. THX!
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It would be helpful if
SPX 5 min
Posted by vantraveler on 18th of Dec 2023 at 02:31 pm
It would be helpful if Matt and Steve gave more probability to direction on their chart analysis. I do hear Matt often suggest his opinion on which direction he favors on a chart. That is very helpful from an education standpoint. It validates or contradicts what I am thinking. It would be helpful to get a bit more of that from Steve as well. I understand the philosophy of trading the break. And I know Steve's comment to this post would be not to prognosticate, to simply act on price action. But on most charts, a technician should be able to look at all the indicators and have a thought on the general probability of price moving in a specific direction. Again, providing an emphasis and direction can assist members in particular trades and education. THX!