Technical Indicators Have Their Own Schedule
Technical Indicators
Technical Indicators Can Kick In Later Rather Than Sooner Horst Trades TF Dec. 2nd 2015 Sometimes technical indicators can be predictably unpredictable. A seasoned trader realizes that there is more than one way to get the mission accomplished of reaching the target. The most important element to get comfortable with is the failure fact. Is it failing, or is it bluffing? The market is for the most part highly predictable if someone is technically savvy with what they see on their charts.The question must be asked “is this un-predicted move that I’m seeing really a fail to launch”? Or is it just a temporary detour whereby the price bars are just taking an alternate route but still having full intentions of going to our previously determined target. The market likes to play chicken with the trader. Knowing the warning signs of the markets intent to bluff is crucial. Usually it’s quite obvious to the technician, but many times it’s challenging to read the markets poker face. Critical analysis and an honest admission of probabilities helps us make the necessary decisions rather than entering, entertaining and nurturing fantasy trades.