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23/05/18
15:06
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Originally posted by momentum71
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Not sure what you mean by any of that. Jesse L was a tape reader from which he deducted patterns of price movement. He certainly wasn’t fundamental. Occasionally due to weather events and other news he made decisions but on the whole his trading decisions were made from price pattern recognition.
The other i have no idea on. All I know is TA helped me give one insider certain points to be aware of in advance and would have had everyone on the sideline at a safe point. I refuse to get into this debate here about FA and TA anymore. My intention is to help anyway I possibly can. If that doesn’t sit well with you and TA isn’t your thing then that’s ok but if some have an open mind then it’s for those to decide if they might want to have a look at something. Come along and decide afterwards if it crap or not. No skin off my nose.
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Your posts we're spot on back then and spot on now.. Everyone was talking FA on the TA thread.. You didn't bag the company. You just said it was a risky entry point according to the charts.