RE: Usa trainer sales or "sneakers lol"31 Jul 2024 11:53
Sellers are selling some big trades, looks like they not wanting 132s, there's a small gap starting opening, stops imv looks like defensive.
2nd Elliot declined slightly imv after plotting, if this selling pressures builds a Friday close imv only to be pedantic 128.27,with 126.77 Friday close, hopefully we can get the 138s,imv nxt week now imv.
Tetley dad, charting is a science it never takes into human reaction, emotions.
Elliot 3 waves in a nutshell is 3 rises 3 falls, then I plot 10,20,50 75 100,150, 200 day moving average, when my grandpa taught me to trade decades ago he perfected by adding 2 extra waves,
Over years, it's served me well, when I plot a trade I draw lines and run numbers via bollinger bands,to double check a target or drop ect then I buy a trade, after I crunch numbers.
My winners to losers with my charting is 83 vs 17, so it works for my trading, plus on lvl 3 you can see most upto date second on trades in any share,
Tetley read read read, more you study more easier it gets, I've been trading since 1980s,my grandpa taught me alot over 3 yrs before I did my 1st trade, it was £600,a toilet roll company, sold for 25