DislikedMike, I have a question about stock trading. How do you deal with gaps? Gaps are the reason I don't trade stocks because I don't know what my risk is. I also find it difficult to make price action analysis on daily charts especially because of gaps. In forex if I see a gap I'm thinking maybe it will act as support/resistance but in stocks there are many gaps and I don't think it's good to think a gap will be support/resistance like forex. Another question about stock trading is if technical analysis works as good as in forex (I have a feeling fundamental...Ignored
An easy way to deal with most gappy equities is to simply trade off the weekly or monthly charts. I trade almost exclusively on weekly for equities. It smooths out the gaps on most securities completely.
As for news I personally don't pay attention to it in stocks or FX myself
Here is a current equity trade I am in.
My before chart sent to the group