New to this factory and trading( 5 months in all)
Your comments are tuly helpful as my worst blunders have happened on choppy charts.
Will certainly stay away from them and only focus on originated AND further confirmed trends from Monday on. Thanks again.
Your comments are tuly helpful as my worst blunders have happened on choppy charts.
Will certainly stay away from them and only focus on originated AND further confirmed trends from Monday on. Thanks again.
DislikedWhat do you mean it was supossed to head south? how can anyone know where it's going at all? Im sure fundamental analysts would be able to give you a complicanted explanation in hind-sight, but I consider those opinions meaningless. I very much doubt any of those analysts would be able to make money real-time in front of a trading station.
That is why, in my opinion, you're better off following along the market once a move has originated and further confirmed rather than trying to predict it before hand (known as trying to fish tops and...Ignored
All systems of divination, like music itself,work through patterns.