easiest money in my life

OK, I'll fuck off LOL.

 

ignore him.

 

that was meant for SML

 

this thread is about technical analysis.

if you think TA is a lie then you have no place here.

 

if you are not clear what the market is doing,in technical terms .do not trade until it is clear

 

It's even simpler than that and knowing this alone can make you a lot of money.

There are TWO types of market: Trending market and rangebound market.

This sounds like just another platitude, but this is the OBVIOUS that is not so obvious to 99% of the traders.

 

yep ..

you have to start there.

if you are not sure then wait till it is clear.

if it is trending look for a corrective move

 

a good way to find out which it is draw trendlines,

S/R lines

EMA.

 

the simplest trade is look for two leg move to a support /resistance or key level and exit on the breakout

 

once you have two points on a chart draw a trend line extend it and then observe the market.

this is the best way to learn about what market does.