Don't expect the market to behave exactly the same way twice. The market is an artist, not a computer. It has a repertoire of basic behavior patterns that it subtly modifies, combines and springs unexpectedly on its audience --- Wyckoff
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Disclaimer: TAOD = Trade at your Own Discretion>
All Opinions stated are solely mine & not affiliated with any Business/Financial Entity.
J.C. Parets is the Founder & President of Eagle Bay Capital, LLC. and the Senior Editor of Allstarcharts.com. He Earned the Chartered Market Technician designation (CMT) and is a member of the Market Technicians Association.
I do one thing and I do it very well; precise Fibonacci entry levels on any futures contract,equity or option.
Founder; The 'Tater Sack Thong Co.
Lover of the blues; Muddy, Howlin, BB, Lightin', Buddy, KWS ..
Entrepreneur, former fund manager, active independent trader, trading mostly the US equity market via stocks, ETFs and options, following closely the syndicate calendar for IPOs and secondary deals. Frenchman. Active in markets for more than 15 years
TheTechTrader.com features Harry Boxer's real-time technical analysis & trade alerts for short-term stock traders. It includes a live chat room & live chart screencast by Harry, an award-winning stock picker & 40-year Wall Street veteran.
Pro. use technical analysis to look for stocks w/ short-term price momentum. Not interested in fundamental or intrinsic value of stocks, but rather in their trends and patterns.
*Note: In this Economy-.
Expose yourself to quality setups and you can make money in any market. Be early to locate relative strength, then exit when things get heated. Shorts are also okay. Find weak stocks and position yourself for continuation.
Author, Market Technician at miAnalysis, Inc. I started my career in markets in 1999 and analyze stocks, ETFs, bonds, forex and commodities. Comments are not recommendations. Lucky husband, proud father. Future Ironman.