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Markets move because traders trade. Markets are neither bullish nor bearish, |
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Traders trade because markets move. The more a market moves, the more traders trade.
And markets most definitely ARE either in a state of bullishness, bearishness or consolidation. There are strategies to use to piggy-back the current mode and to fade the current mode.
You can't not look at a chart if you're a TA bod and NOT see which mode your instrument is in. That's the whole point of TA. Which ties in perfectly with your quote of the famous 'trade what you see' mantra. But to suggest markets do not have a mode and traders move markets is erroneous. Market-Makers move markets too and they're not necessarily in trader-mode when they do that.
