I enjoy reading the tape for what it says. Price, volume, and time are the only variables that matter. Indicators like RSI, MACD, Stochastic Oscillators, Bollinger Bands are based on past price action and are therefore lagging and often misleading
I enjoy looking at and attempting to understand charts & recently began posting some of my own. HOWEVER, I'm not a professional nor do I pretend to be one. Always remember, it's your trade alone. Know why you made it!
Greywolf's Chief Technical Analyst, more than 20 years of buy and sell-side experience; Formerly w/ Diamondback, Morgan Stanley, & CBOE Equity options floor trader- Frequent commentator on CNBC, FOX Bus, Bloomberg, BNN- Opinions are my own
Technical trader focusing on Swing and Momentum Trades. Opinions or trades here at Stocktwits or in my blog are my own. No affiliation to any organization.
Disclaimer: No recommendations/ideas. Trade at your own discretion.
Unlike day-trading which is based solely on technical analysis, we identify Story Trades by combining headline news, fundamental analysis, technical analysis, & social sentiment to achieve superior returns. 100% ROE in 2013. 200% in 2014.