Chart Porn. post your chart porn.

A perennial ET favorite:

collapsing price chart.gif
 
MPK said:
Does anybody remember SusanaDT forum?

"It's very simple and don't let anyone tell you differently. Support is always support until it becomes resistance.
Resistance is always resistance until it becomes support.
The rest is highs and lows."

Waited over 2hrs for this trade to play out.
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Susana was proven to be an alias of anek with an odd back and forth dialogue with him. It was creepy, reminds me of the crazy stuff surf does.
 
Crashed said:
I'm a fan of short term trading.
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Appreciate that. :)

Trading is not a short term investment. Investment is not a long term trading.

Trading and investment are two distinct / unique business.

Trading means short term only. Other wise it is neither trading nor investment, but a confusion. Trading based on news, events and functional analysis is a confusion.

Stock investments are connected to the broad world. Live stock trading is disconnected from broad world and connected to the narrow world of speculations within the traders which are reflected on the chart.

Chart is the primary tool for trading. Technical chart is again another myth. Price action is not bad. Price swings (support/resistance) against time are better way to predict. :)
 
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Yea, I agree but it's somewhat relative though. I've heard of people who whole positions for hours. On average, I hold my own for about 1 minute
 
Crashed said:
Yea, I agree but it's somewhat relative though. I've heard of people who whole positions for hours. On average, I hold my own for about 1 minute
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The same thing what you do if you do with a bird's eye view then you can hold your position longer than you imagined would be possible. I mean the view or attention on the day's trend. :)
 
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