chartz tell a story MM's print chart to go some where.....our job as investors/traders is to interpret those chartz.....where are they going.....what are they doing.....what are they saying....where are they going to turn if you look deep enough into the chart I believe one can tell it'z historical points of recovery/turn/movement/direction
I used to NOT think this.....but....think it'z true if there'z money in a chart I believe they are printed at turning points
look at the chart ur trading.....name one stock u trade a lot.....where there is a lot of money turning in that stock I would be very surprised if it'z not being printed not to say it is controlled......but historical turning points are contrived I believe
one can look at a chart without indicators and tell where it'z going have done it time after time.....some times within .005 of getting close to the point of turn....not every time don't get it right every time....but....most of the time can get very very close
I use NO indicators to trade with.....know how to use them but have found indicators tell u where a stock has been not where it is going
I know this is hard for some to trade/wrap their head around.....but....it works for me....not 4 every one
best of luck to u
had a buy order in 4 UGAZ for 12.30.....just cancelled it right or wrong.....way I read it risk vs reward conservation of maoney
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