When you can control it (the mechanics - not the entire mkt per se) - there is no manipulation - only orchestrated movement
shtf events notwithstanding obviously
Charts reflect this movement perfectly - if one can read them
RN
Is it really possible to take all the information you need about a stock from charts?
- Thread starter Lloyd W. Coutee
- Start date
When you can control it (the mechanics - not the entire mkt per se) - there is no manipulation - only orchestrated movement
shtf events notwithstanding obviously
Charts reflect this movement perfectly - if one can read them
RN
Heads up ...shtf. Think $100 million of OPM, not journalism. $35 million as a direct result of ET 'persona'. This big game hunter who talks about 'target' ing geckos ...and bashes TA has a little fish taking his 'heads trend' bait today. Normally he doesn't hesitate when one of his traps is sprung but he's hesitating today. His delay stinks of second guessing WMCN.
He's confirmed bashing TA doesn't pay commissions.
For those still questioning if charts contain enough info to trade from ... perhaps you can learn something from this note.
Yes sir.
I don't know details of the wizetrade "Red Light, Green Light" thingy. One logical conclusion is THEIR TA* plays didn't correlate as well with market behavior as they could/should.
* Just because their play was described as "TA", doesn't mean it was GOOD TA!
are trendlines good TA?
Part of, sure.
candlestick patterns like dojis/engulfing bars? Any indicators at all?
Minor benefit. Mostly they add "supporting evidence"* to what you should have already deduced.
* I intentionally didn't use the term "confirmation", as I don't believe there is any such thing.