TRH 0.00% 83.0¢ transit holdings limited

unsinkable........"There is nothing in the chart that can...

  1. 4,582 Posts.
    unsinkable....


    ...."There is nothing in the chart that can prepare somebody for news"....



    A chart can prepare a trader for future possibilities..


    eg....there was a gap at 98.5 that was filled today. Unfortunately I was too slow to take advantage of an easy 10% trade (96-105).

    As another example,I was able to take a 10% trade yesterday in LYC (103.5-114)only because of what the chart had prepared me for....Gap trading is a big part of my trading strategy.


    Different strokes for different strokes and all that....


    Cheers
 
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