We are traders,
who believe that movement in prices of traded securities are not ‘completely’ random and can be anticipated by studying demand and supply with help of historical prices. We have faith in the Technical analysis of financial markets approach.
PRICE MOVEMENTS ARE NOT RANDOM,
IN FACT PRICES TREND
Lets just look at this beautiful picture and understand something.
An observer can determine the direction of the tide by noting the highest point on the beach reached by successive waves. If each successive wave reaches further inland than the preceding one, the tide is flowing in. When the high point of each successive wave recedes, the tide has turned out and is ebbing. Isn’t that true?
Almost everything in the world can be ‘expected to behave in a certain way‘ by merely looking at how it has been behaving. Its totally logical.
Then why not prices of tradable securities?
With charts, by looking at the patterns of demand and supply one can expect them to behave in a certain way.
So, If you are one of those random walk theorists who believe that price movements are totally random then this site cannot offer you anything more than making you question your own beliefs.
On the other hand,
I welcome all traders who believe that prices can be predicted up-to a certain extent by studying the demand and supply.
You are welcome to use all the educational material provided on the site. This blog is made by traders for traders!
Our goal is to bring market technicians of the world together who are willing to help each other in filling the gaps, aspire to move towards becoming the ‘perfect trader’, who understand their charts well and are comfortable in making tough decisions while keeping their discipline intact.
You can have access to the content uploaded on the site by browsing through the menu on top. Videos, quizzes, articles, gallery, games are waiting for you.