I wanted to write for a very long time. I see many traders are confused in terms and do not understand each other.…
So Alexander Mikhailovich was indignant at Finam.FM))
That's why, I give explanations))
If I state, what конкретные classic techniques those. analysis shit – This does not mean, что я имею ввиду “technical analysis” basically.
What is technical analysis?
This is an analysis of specific exchange information: prices, Volume, time, orders… etc.
So there are a lot of ways to interpret this information..
There are classic methods of interpretation, proposed by all the Schwagers, Hired, Мерфи.
Wyckoff and everything that is based on it is also a classic method., because. established 100 years ago.
PriceAction – this is also just a method.. interpretation of, what do you see on the chart.
So that's the mission
I pointed out errors in identifying support / resistance and trend. Ie. mistakes in fundamental things, and not in some nuances.
BUT… did this, using the same price analysis, volume and time. It's just that I interpret it completely differently., but I do it reasonably, objectively, within the framework of formal logic. Только и всего.
Output: Of course I trade for those. analysis.. я ж ведь смотрю на schedule. And I determine entries and stops only on the basis of it..
But it has nothing to do with those methods of analyzing price and volume., which are described in books and on the Internet.
Everything.. I spoke )