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Technical analysis makes the assumption that
history repeats itself.
Any trading method or
system that works well on a broad sample of the
historical data, may have validity when applied to futures
trading environments.
Commodity
Charts Reminder: One should keep in mind that the markets
are dynamic.
The
forces that motivate price movement are dynamic, and can
be seen on any chart
And
the commodities traders and participants are dynamic.
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here to learn about Chart
Trendlines
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Channels
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Triangles
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Pennants, Wedges and Flags
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here to learn about Chart
Top and Bottom Formations
Therefore
any system which has performed well on past historic data
may decline in value as the evolving dynamics of the markets
change over time.
The
assumption is made that trading results can be improved
when trading skills are improved. This requires practice!
Surely any time spent learning to trade on past historical
data, using a commodity charts will not be wasted when it
comes to preparing to trade for the future.
Commodity
Chart Videos
1-2-3
Formations
50%
Retracement
Head
and Shoulders
Chart
Channels
Support
and Resistance
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