BABA easy
IMO everything will follow the path of China. Everything we own says "made in China" -- so why aren't we following BABA as a guide??? Our indices have followed the path. Our big caps are following the path. We don't need to reinvent the wheel. It's right there...
I don't known anyone else who does this simple channel scheme w the charts. There may be a better way. It's is a no nonsense, no need for mult indicators etc analysis. Most companies will follow a Livermore-esque pattern. Up, consolidate (cone or rectangle), pump to peak (distribution if ur a Wyckoffer), back down to size. They can rinse and repeat the cycle for larger and larger cycles (a la Bitcoin-- though she has her own special personality).
I do like some indicators for timing and confirmation. What the super pros in the history of trading will all say is: when in doubt zoom out. The mistakes I see when I read through other published ides on TV is that people fail to zoom out.
I don't known anyone else who does this simple channel scheme w the charts. There may be a better way. It's is a no nonsense, no need for mult indicators etc analysis. Most companies will follow a Livermore-esque pattern. Up, consolidate (cone or rectangle), pump to peak (distribution if ur a Wyckoffer), back down to size. They can rinse and repeat the cycle for larger and larger cycles (a la Bitcoin-- though she has her own special personality).
I do like some indicators for timing and confirmation. What the super pros in the history of trading will all say is: when in doubt zoom out. The mistakes I see when I read through other published ides on TV is that people fail to zoom out.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.