- Horizontal = Best tool, far more superior to oblique unless oblique is very obvious
- Consolidation = Wyckoff accumulation
- Impulsion = Wyckoff markup/markdown
- 1 indicator, max 2
- Common sense
- Discipline
- Don't argue w/ Market
#TA101#Trading - Simplify your trading... don't argue w/ the Market
Optimism is the best bet because the world tends to get better most of the time.
But pessimism holds a special place in our hearts. It sounds smarter. It's intellectually captivating and it's paid more attention than optimism, which is often viewed and being oblivious to risk.
#Ampleforth $AMPL : clue of S3 (distribution) ? We might have a top here (marketcap chart).
#Ampleforth $AMPL - see how that's efficient ? Even from the lower support, it's an instant -40% drop. S3 was in and now kicked a S4 stages (mark down).
#Ampleforth $AMPL - This is what happen in a mark down (S4)