Folks,
Here is my personal view on APPLE..
I am almost ready to hit the SHORT for a nice ride, I quess.
Again, no fancy, indicators or even volume.. Pure price action my friends..
Most important what markets make move is..
* Context.
* Momentum.
Why would I even short a strong rally like this?
Well we are in a trading range.. TIP study the basics of trading ranges..
And the markets tend to have inertia. That means the market will do for 80% of the time what the market has done.
That means if you would like to know what you can expect at the right of the chart just look at what has happened at the left before..
Inertia my friend. Don't forget!
Feel free to comment, share and make sure you follow for more to come..
Here is my personal view on APPLE..
I am almost ready to hit the SHORT for a nice ride, I quess.
Again, no fancy, indicators or even volume.. Pure price action my friends..
Most important what markets make move is..
* Context.
* Momentum.
Why would I even short a strong rally like this?
Well we are in a trading range.. TIP study the basics of trading ranges..
And the markets tend to have inertia. That means the market will do for 80% of the time what the market has done.
That means if you would like to know what you can expect at the right of the chart just look at what has happened at the left before..
Inertia my friend. Don't forget!
Feel free to comment, share and make sure you follow for more to come..