TC2000.com• Download software • Tutorial videos • Subscription & data-feed pricing • Class schedule
TC2000Brokerage.com• New account application • Trading resources • Margin rates • Stock & option commissions
Worden Discussion Forum
Funny you mentioned that kness1. in my forex trading i quit using red for that very reason. I found it causes me to hesitate. I did not know there was a study on it .
I'd have to agree with funnymony on this one.
Most traders learn what Martha Stokes teaches in one form or another, sexy indicator stuff. Most traders wash out!!!!! Hummm I know this is harsh but cut the sexy stuff. Understand how and why the market moves, I know its boring.. A Price and Volume chart is all you need. I am not picking on Martha but face it her first job is to sell her product. Not teach, teaching is incidental.
are you buy and hold, position trading, swing trading, or daytrading this stock? it makes a difference! if you are bullish on the market it might be a good pick for a longer term hold with the H&S and pennent. But as a shorter term swing trade it fails as it is in a stage 3 consolidation pattern and not a stage 2 uptrend on the daily chart. IMO anyway. AB