016 Event Horizon

Published: Oct. 2, 2018, 6:34 a.m.

The 95%, not being entirely clueless, have taken courses on technical analysis. The 95% are taught changes in momentum precedes changes in price. They are trained to use moving averages and moving average based indicators. Indicators based on the relationships between the open, high, low, and close of each bar or candle. If a move backed by an indicator signal and a positive comment from a respected guru doesn’t work, the 95% attempt to force the chart to fit their beliefs. And before long, they’re lost at sea.