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While most were bearish at the start of last week, I highlighted that our statistics indicated a likely bullish week ahead of us. As such, users of Minoma Analytics had some field days longing last week.
The problem a lot of people have at low prices is that fear takes control and thus they become guided by their emotions. The beauty of price-action statistics is that it has the power to override those emotions.
Raw stats provide factual insights and are free from emotional bias. When you're fearful but statistics show that 80% of similar price actions lead to bullish continuation, it helps loosen fear’s grip and keeps you on the right side of probabilities.
Over time, relying on objective data will make your market view more objective in general, training your mind to recognize and overcome emotional misguidance. Even your mind can’t argue with solid data.
We leverage these statistics, derived from years of historical data, to objectively determine the most likely market directions. And you can too. Sign up at Minoma Analytics to start making data-driven trading decisions.
Link in bio.