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tin_shed_trader

16,562 Posts.

1121

01/11/22

13:05

Post #: 64523098
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Originally posted by Guata ↑

WA1 -

I think you've got to agree, china, that hindsight is a wonderful thing?
I do have a view though, which partially supports your PoV -
and which I've been following on paper -
for a few weeks now -
for a number of spec. mining stocks -
whose SP's have moved up in reccent days - based on their recent ANNs -
about what DT'ers can do - to make a quid intra-day -
using 1 of @Patterns candle charting techniques,
being a 1-day 5-minute chart with my following indicator choices:
a) an 8 & 20 EMA
b) Bollinger Bands.
Meantime try contriving 1 of your own 1-day 5-minute candle charts - for WA1 - from the Open yesterday thru to so far today -
and see how the candles have staggeringly maintained a constant upward trend over 5-minute intervals, & even more rarely have crossed below and closed red, below that 8EMA - being the exit point - and then see soon after, a re-entry point when the candles go green -
after crossing back and closing above that 8EMA line.
If I have time, I'll post more tonight on this subject - in the After-Market Lounge - referring back to this Post.

Expand

That's a

very interesting theory
you have
about all things

stock trading.

All
the best.
1 Upvote

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