14 OUT OF 20 TRANS STOCKS DOWN JP morgan earning below not good
88 rat 81.25
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vasuki
Rep: 329
Posts: 139
put buyers want 1250 area may be monday, then cover to 1300 for call buyers
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Lisa P
Rep: 6,498
Posts: 1,428
Originally posted by vasuki
put buyers want 1250 area may be monday, then cover to 1300 for call buyers
vasuki, market will be closed on Monday - MLK day
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beyondMP
Rep: 1,236
Posts: 141
Originally posted by BruceM
just curious if knowing the news and the "WHY" of a market move helps anyone trade short term? I can't figure it out myself
revising my buy zone down to 74.50 - 76.50
The news doesn't help me. The "WHY"(for me)does. However, the "WHY" might be different for each trader. And, finding the "WHY" is the part of trading few traders ever figure out.
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beyondMP
Rep: 1,236
Posts: 141
Technical Analysis is the pursuit of finding patterns of human behavior, specifically buying and selling, thru the use of indicators, S&R levels, chart patterns, etc....but, the question is "Do the patterns cause the behavior or does the behavior form the patterns?"