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There is "some" correlation between candle patterns and "what follows next". Those correlations can be learned.

Here's a concept for you. While your win percentage may be high, the best you can make with "hedge/offsetting" risk stragegies is a small amount on each play. You may have a high percentage win rate. You may also have large positions to try to capture a large number of small gains. But the...

Read a story this week end about a NIO vehicle (sedan) completing a 1000km (625 mile) trip on a battery charge. (Of course it was likely under ideal conditions... warm weather, flat terrain, no fat passengers... maybe even "hyper-miling", who knows?... but still) Seems to dispel concerns about...

In an IRA, you broker will likely allow you to 1. Buy options 2. Write covered 3. Play spreads in one form or another But it's likely they will NOT allow you to write naked.

I read Nissan's book years ago. IMV, candles work best at "potential reversal" points rather than "continuation". However they are not exclusively revealing. The same info can be gleaned from other disciplines. The most revealing candle patterns in my view are... Shooting Star, Hanging Man...

You can trade SPX options in the "global market hours" at Fidelity. Not all brokers have this.

Historically, "$2-ish" has been a good place to buy. No guarantees for this time, of course.

$1.43 chart low. Wow! That's still a lot of damage from here, should it get there. Might be a "trade of a lifetime" if it gets there again... all players should remain attentive and alert.

ANY time you play NG you might "get whipsawed". (NG IS known as "the widow maker market", you know.) However... Earlier it was posited that NG might spend 6 months between $1.75-$2.00. Current price on NYMEX = $2.32. FWIW...

Ditto.

IMV it doesn't seem that algos can work off of Price AT. For a major reason... you need a "point/price" as a starting point for calculation. But unfortunately, the starting points can occur anywhere on the chart and can't be known in advance. Fortunately the "starting points" can be easily...

Continuing with the chart from yesterday..... This 2nd chart is a zoom-in of the quick flips @ ~4554.. a Bull Pivot. Such setups occur on all time frames of chart and they always mean the same thing... though not with the same "degree" of course. Then again, you never know when some setup...

Correct on all points. When diagonal lines hold, they work the same.

Not better, just different.

Quick update... notice Down Arrow (apparent) reversal. That occurred at a "bear pivot". Again, how long will it stick? I dunno. Up to the trader to play it or not.

Here's one from this morning. Clear "trendline support play". How long will it hold... how far will it run? Nobody knows. All you get to know is the start*. After that, you have to "play it by ear". *Knowing the "start" or "possible/turn" is a HUGE edge. If you can't get off on that...

To size up fast, you need to bet big and be right... likely several/many times. We hear about a few who do in fact make it big... but there are scores more who tried and failed that we never hear about.

EVERYBODY (well, somebody) who did the opposite of you.... and of course the bucket shop thingy.

"Safe" and "leverage" don't belong in the same sentence.

So... is that good or bad for buyer? Amazon will want a taste for their handling as well the dealer... then TWO "middle men" in the transaction?