detecting an imbalance results in a call
Prices will average out!
CLOSE+OPEN your position!
BUY (far) ABOVE the VALUE
SELL (far) BELOW the injurious VALUE.
The lifetime of the level is up to severall days.
Former author at THESTREET.COM. Former guest on Fox Business "Bulls & Bears" financial show.. Developed an algorithm trading process over the last 4 years to compete with the HFT. Over 90% success rate since inception.
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 )
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-.
BSc, P.Eng., C.Eng. who got fed up designing icebreakers and turned to trader just 26 years ago! Developed easy to follow and effective indicators based on eSignal. They are available to install them on your own computer.
Weekend Reports+New Idea alerts +Business Disruptor reports. Contrarian thinkers. Fundamentals always #1, Technicals Key. Swing Trading intermediate research ideas. Sign up free at link below. Premium service www.stockreversalspremium.com
Trend Trading with Multiple Time Frames. ((Price)) is the True indicator, VWAP, MACD, Volume and TA can always help. Charts are good to set Targets, But ((Price)) only pays. So be flexible that charts can change patterns.
I construct charts to help people capitalize on the excess fear and greed of global investors.
My goal: provide research to help investors enlarge their portfolios regardless of market direction. My approach - TBNM or Tops, Bottoms, No Middles