DIRECTION?NO IDEA, BUT from WHERE & WHEN it starts:
-close the position.
- reopen the position:
BUY (far) ABOVE the VALUE
SELL (far) BELOW the injurious VALUE.
The lifetime of the level is up to severall days.
The usual. I trade nickels for dimes, sometimes.
I find bottoms and buy with no doubts. I sell early and book my gains.
Author of Introduction To Lines Of Force, 56 pages of dense text and illustrations. You should read it. Seriously.
Developer of the Visionary lines system, Breakout expert with stock options , focusing on 100% to 300% gains within a 1 to 4 weeks time period. Limited Power Chart Witness Follower spots available ask me to join.
Trading the stock market for more than 20 years using technical analysis. Mostly swing trade and position trade. For live commentary and chart postings during US trading hours, follow me at twitter @smtraderCA ( https://twitter.com/smtraderCA )
Yield investing , Options and Canadian Natural Resources.
A migrating bird in rich resource countries & 8 investing rules !
Always consult your broker for any investment decision. All opinions are intended for educational purposes only.
Was a very active, successful trader. Serious injury with no insurance drained my savings. Got married. My incredibly smart wife suggested that I stop talking to the TV on how to trade and to use my knowledge instead to help others. So, here I am.