Have you done you homework yet? the father ask. I had no homework to do sir , your kid yelled?But if you check his school bag there are a lot of homework to be done. The father then yelled back "Then how on earth you will be excellent in your exam if your homework were not done ? Then the parents had deep pondering to themselves and talking to themselves oohh that is the reason why any other kid got all straight A except our kid. Then the parent realised that part of the problem is homework were not done?
The market always yelled at us to listen to her but we as novices never in a life obey what she command us to do?She ask us to do homework but we are either too lazy or do we not know what to do ? Isn't she talking to us in terms of numbers?So that is the main reason why we do not understand the game and that is why we were always in the dark?Translate the market language be it either in bahasa or chinese or tamil that is understandable to you , then you are up in the game.
How to translate what the market is saying? Then I will show you the tools how to translate what the market is saying. Always remember only advisor who is right is the market, so obey her.
The next tools I will show you is The Parallel. What is parallel ?This is a tool to measure the market OB area and OS area. When something is OS then later in the period the market will rebound back as what you see the KLCI action last week.
As most of you are computer oriented this tools are embeded in the software ? But for the older generation of market participant like me who want to see what the parallel is then ,email me ?
So again you have 3 tools now in your war chest. Print out charts from the web that offer free charts then start doing your homework. Start practising the ruler, the french curve and the parallel . If this is not enough I will again post you another tools if you want me too?
Thanks for reading
