I am doing the same thing as Hari; I have my conviction or bias and all my trades are based off of that. The funny thing is, and it happens sometimes that mine is the exact opposite of Hari. That is why trading is difficult. But we are both making money, so the lesson here is …..HAVE A BIAS, and trade the technicals based on your bias.
This is a very important point – we both have opposite theses on the market – and yet we are both making money, and that is one of the keys to trading.