Biggest Winning Days Success Journal (most recent 4/23 Up $3,400 :)

[easymon1]

Sure, but 1 year -60.5%, 5 year -99.3%

1 Year on some energy stocks I trade :

CR +363%. BTE +350%, ATH +310%, GXE +187%, CVE ( large cap ) +148%

I love lookin at charts. Show some of your charts man.
Put em in here if you want to... "That Looks Like A Setup"
https://www.elitetrader.com/et/thre...tys-m-o-if-i-ever-saw-it.366738/#post-5587820

 

[Jzwu2017]

I think 90% charts are better looked at afterwards. Only 10% time they have any reliable predictive power. The key is to identify them for the 10% time, like yesterday afternoon.

 

[themickey]

I think 90% charts are better looked at afterwards. Only 10% time they have any reliable predictive power. The key is to identify them for the 10% time, like yesterday afternoon.

Charting is an art form which comes with experience of studying charts.
I've been looking at charts more intently since about 1990 and only a week or so ago found another simple way to interpret charts (doesn't include indicators) which I've found gives a clue on price strength.
I remember as a young man when first rabbit hunting, after a while could spot a rabbit even if it was just an ear poking above the grass, so we train ourselves to observe.