A Journey Beyond Technical Analysis After more than 20 years of successfully trading various assets, from stocks to futures and options, I can confidently assert that the major distinction between a professional trader (profitable and consistent) and an amateur (unprofitable and inconsistent) is that the former does not rely blindly on technical analysis. In...
After accurately predicting a rally to new highs, in this morning's pre-market, our in-house AST indicator is confirming a break that occurred just before yesterday's close, signaling a local pause in the NASDAQ:NVDA developing uptrend. On the 4-hour chart, the blue area breaks below the baseline, signaling a loss of market strength and anticipating a...
Considering the robustness of the bullish trend and the swift progress of NASDAQ:NVDA , opportunities for current favorable buying setups have been infrequent throughout 2024 Current entries are generating risk-to-reward ratios that are considerably advantageous. This is substantiated by examining the short distance between the current price and the stop loss...