Read? Uncle, Why your Chart so dumb leh?
Look here! Uncle's chart is not dumb hor. Today, I realized that I actually belong to Kung Fu School of Naked Traders.
Naked Trading refers to trading without technical indicators i.e. the trader's chart is naked with no technical indicators. These naked traders only look at trends and chart patterns. They are also known as discretionary traders.
From the perspective of Technical Analysis, the classic example of a discretionary trader is one who uses chart patterns to make trading decisions in a visual, nonalgorithmic fashion. This type of trader seeks patterns in the charts and tries to determine what they mean given the market situation.
Physical Oil Market Is Flashing Green As The Overhang Disappears - Timespreads are finally starting to move higher as Chinese refineries come out of maintenance. We see Brent retesting $70/bbl soon. Read More
10 hours ago