649bruno
Long

Introducing Don's "T R A D E - M A P" Approach: Part 5 Of 5, MO

NYSE:MO   ALTRIA GROUP INC
15 0 3
Part 5 of 5. The above chart is for 15 minute time intervals. As indicated on the hour chart in Part 4, Altria Group             will probably consolidate for a short while. This is healthy. In the past five charts we have explained a disciplined approach to the anatomy of a trade. TRY AND REMEMBER, Don't trade on emotion, trade on analysis.
DON'S RULE: "The markets are forever a humbling experience".
Sometimes you can do your homework and still have the market turn against you. It could be a news induced event, an oil             shock, a political blunder.
If you construct a series of technical tools that work, stick with them. It is indeed a bold thing to trade.
And last, but not least, use your own personal "TRADE-MAP" approach. Stick with it. "TRADE-MAP" means to me:
TRADE = 1. T : Time and space (Fractals); 2. R : Repeating Cycles; 3. A : Advancing Trend; 4. D : Declining Trend; 5. E : Energy in Phase Forces.
.....MAP = 6. M : Momentum and Velocity; 7. A : Analysis of Structure; 8. P : Price Performance.
There you have it: Don's personal "TRADE-MAP".
I hope this has been helpful, entertaining, and informative. May all of your trades go well. Don.
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out