30+yrs Biz Exp.
"Never over-estimate someone else's intelligence & under-estimate your own" ~ "The prudent mariner never relies solely on 1 aid to navigation"
~ "Rarely get what you want, almost always what you Picture & Dream/never quit!
Tom Aspray, professional trader and analyst, is a senior editor for MoneyShow.com. He has been writing about the financial markets for over 30 years and is considered a pioneer in computerized technical analysis.
detecting an imbalance results in a call
closing your position. Prices will average out!. Therefore :
+ BUY (far) ABOVE the given level
+ SELL (far) BELOW the injurious level.
The lifetime of the level is up to severall days.
How Market Tops Can Play Out! First Link:Why & How! http://stocktwits.com/message/27862635 Second Link:Chart Prediction on Price Since Posted Aug. 16 http://stocktwits.com/message/25829669 -You Would Need to Copy & Paste To see them
Day Trading: Realistic expectations must be established with the knowledge that profits will add up over the long term if you stick with your system. When you start getting greedy, that's when issues arise.