Institutional traders have besieged trade the trend stock traders like us. With cold, evil, rage, Institutional stock traders are selling into the up swings and covering shorts into the down swings to compact the swing range too tight for the majority of us to make money in. This has made head fakes both to the upside and to the downside over the last few days.

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A picture is worth more than a thousand words. Trading would be almost impossible without charts and technical analysis. Trading is all about anticipating and predicating rather than forecasting. Technical analysis is the best tool a trader can have.

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