Day Trader’s Weekend Aftermarket Lounge 29-31 May 2020, page-163

  1. 3,625 Posts.
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    Not sure what you mean.
    Probably like everyone else , looking at heaps of charts - If I like the look of a shape of a chart ( a familiar shape) , I will have a closer look, see if it matches my formula , and if it is close , put it on a watch list. If I find one chart that looks very promising , I check out the other charts in that sector, and if they all look bullish, we might be in for a run in that sector. Probably back in 2017, on the short term threads , crypto codes were being mentioned a bit due to trapped holders from the initial rise from the bottom . To me , it was just a code to check out . FA didn't matter , as I wasn't buying ,I was just testing a formula, and needed codes. For me that is one of the advantages of hotcopper - knowledgeable people putting up codes . I have tried doing some scans for indicators, but I still need to work out exactly what I am scanning for . Get the formulas right first , and then work out how to scan for them. At the moment though - as you increase your ability to read charts , scanning becomes less critical , as you just need to know where the chart is sitting in the big picture - eg bottom, or uptrend , or top, and then look for an entry on the smaller time frames, and get out when you get a sell signal . Still very much a learner , nothing is easy for me yet , but with time, more gets familiar.



 
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