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Ok, but remember wars are far more damageable than recessions. Since Dow Jones was created, we faced 2 world war, 1 cold war, terrorism attacks, multiple global recessions, techno bubble burst, subprimes crisis, Gold standard crisis, oil crisis, AIDS, H1N1, etc. And Dow is always back on...

I agree. It will take years and years. Historically, bear markets commodities last decades. CM

It is too late. 3 years old is the best age to learn price action. Everybody knows. Not you ? CM

Larry, sorry to tell you that but you will make zero money if you focus on a day to day routine. You are talking about strength for UNXL for example. Take the bigger picture. This stock was already up +700% in less than 3 months. Of course there is strength, especially with a stock with a daily...

Hourly graph. 3 new highs, and nice negative divergence with RSI + MOM. Support @2.40. Hope it helps CM

Man, you are buying a stock that faced a MEGA bear market (-97%) and rebounded strongly (+76%). So your entry point must be chirurgical. Be a sniper. Why do you want to buy a "wannabe" breakout rather than waiting a REAL support ? Buying should be closed to 2.45 / 2.5 dollars, which was the...

Thanks for the link. I thought I was a bit autist, I like numbers and am highly-focused, especially when I analyze and trade... Obviously not ! CM

By the way, you should know that less and less people use "tape reading" expression. Indeed, Finance did some nice progresses since the 19th Century. A decade ago, High Frequency Trading appeared and killed classic tape reading traders. Today, "Order book trading" should be more appropriate, I...

Average down is for losers. Being right too early is being wrong. Listen to pros' advices rather than give your opinion. You will learn, and maybe you will improve with hard work and discipline. CM

Pearl of wisdom. +1 CM

Ok, so rather than telling your truths, have you ever tested them ? Nope. So what you expect is not what happens in markets. CM

You are talking about a fake H&S. As every fake pattern, it is usually a continuation pattern if pattern was a reversal and a reversal if pattern was a continuation one. So yes, it is a good tactic to take the opposite side. CM

You ask good questions. This is the way of improvement ! Like how does one smaller pattern compliment another big pattern, vice versa or even supersede another? => Bigger pattern gives you main direction / trend. (usually, a big pattern is more than 50 bars for me, it depends...). So 3...

Nope I am a client so they must stay positive and pro. Small talks and hobbies, period. CM

Hi everyone, As some people might know, I work on the buy side. As many of my friends / peers, Business and salaries are not growing as fast as 10 years ago. I would like to get more details about sell side today (US, UK, continental Europe) : - wages : close to buy side? higher ? lower ...

You don't add when you lose. You add when you win. So his opinion is of no interest. And 1 person is not the market. CM

Don't you think heavy shorters have already lost their shirts? Don't you think they are neutral again, or even long? Noone can hold forever shorts positions. Easier to keep long positions, regarding hierarchy, risk control, risk budget, consensus, the herd etc. Remember 2000 : everyone said...

Hi HS, welcome back ! Yeah, markets are unpredictable, that is why it is so funny! That is why discipine is a a must-have too! I am ready to short European banks and Nasdaq IF and only IF 18th of April lows break ! IF not, better wait again for weaknesses... CM

True. Good traders love volatility and choppy markets. Except when they are not in front of their comp screens. CM

You got all statistics there. CM