If you want to make obscene amounts of money, pay attention to fear and greed, technically.
In times of panic, we sell without thinking. We just do it because everyone else is. In times of excessive greed, we buy without thinking. We just do it because everyone else is, and because of the fear of missing out (FOMO).Read More
Any time you use technical analysis, confirmation is essential.
If you’re not willing to confirm, you’re doing yourself a great disservice. In fact, at no time will I ever just use Bollinger Bands (2,20), MACD, relative strength, or Williams’ R% alone.
That’s an amateur, foolish move.Read More
Candlestick patterns may have some odd names.
Abandoned baby bottom, three black crows, dark cloud cover, for example. But these are some of the most powerful tools you can add to your strategy, including these three.Read More