Hey everyone, I’ve been trying to get better at understanding market dynamics, and I’ve heard that historical data is a great way to do that. I’ve been using some basic tools to analyze past trends, but I’m not sure if I’m doing it right. How do you guys use historical data to evaluate market dynamics? Are there specific patterns or indicators you focus on? Also, do you think historical data is enough to predict future market behavior, or are there other factors to consider?

I’ve never used historical data for trading, but it sounds like a smart way to learn. Do people usually focus on specific timeframes when analyzing historical data, like daily or hourly charts? Also, how do you know if a strategy that worked in the past will still work in the future? I’m curious to hear how others approach this!