There is Dow Theory, and many others...
Mine is called "Threshold Theory" (an interesting way using Fibs to measure market behavior)
The coolest thing about having a "theory" is I get to share it with others!!!
Interested?
Come join a great community!
“This is how we know what love is: Jesus Christ laid down his life for us. And we ought to lay down our lives for our brothers and sisters.” 1 John 3:16
Jesus is the reason I am who I am, and is the reason I do what I do! Love all of you!
Happy Easter, He is Risen!
#MLB#Orioles
Let's sweep some recognition and take this trifecta!
Coach of the Year - Brandon Hyde
Rookie of the Year - Félix Bautista or Adley Rutschman
Oriole of the Year - Adley Rutschman
Interesting tidbit...
The fed has NEVER brought down inflation until the Fed Funds Rate (currently 2.5%) was above the CPI.
Good luck out there my friends...
I see many TA charts on twitter with "multicollinearity" or multiple counting of the same information.
These redundant signals can be misleading and can make other indicators appear less important.
Instead, select indicators that work well with, or complement, each other!
TA is about analyzing psychological behavior of buyers and sellers, so unless a whole different group of participants switch out all the others the history remains valid for analysis.