@traderallan cheers man!
@Torkers tnx man!
Great article my friend!
@TraderTB haha cheers fella
NAKD was up on the merger news... plus they had a presentation from the CEO and a director from the buyer company at 7.30 ET today... very good presentation
were you ok trading midday because of the strong volume?
Thanks Bob. Another very clear explanation just like TG. As they say, trading is 20% technical analysis and 80% psychological. Being a black/white personality type I have found it very hard to pull the trigger on long positions. I am hopeful your watch lists where you set price targets will give me that extra bit of confidence to pull the trigger on long positions.
It is just a ratio that is found by dividing the reported short interest by the 100 day average volume. If only shorts were buying and the all covered that is how many days it would take them to cover. A number less than 5 probably won't have much influence. 5-10 and a catalyst should add momentum to the move. Greater than 10 and a catalyst - let the fireworks begin!
Kenji - Yes, but that and the soft makrets made me more quicker to sell. Except for the last piece which I had taken most of the risk out so I let it run.
I like it! Hey see what you think about ICLD I played it today and did good but I am curious as to what you come up with when you test it and interested in your opinion, small account I have to make the most of every play , profit is profit right?
Very well written and informative. Thank you so much for sharing everything. When I first looked at your chart, I did not recognize the ABCD but see it now. Very helpful. Thank you again.
Much appreciated post!
@SFKrystal @friesian @cottage242 @TjRauschmier Thank you so much everyone, appreciate it :)
William Gann is my nigga :^) Also is cloud nine anything like cloud eight? :thinking: IWAWO gucci post fam! :D
Three big lessons! I agree !!! STUDY HAAAARD
I don't know football whatsoever but I got the gist of it ;)
Awesome, nice work and I like how what your studying and putting into action your sharing. Keep at it and be a leader not a follower!!