Always, always buy dips and sell rallies
Bulls make money, bears make money. Why do pigs get slaughtered? Bc they're buying high and selling low. There's not a "correct" way to trade markets, but 99% of retail traders are taught to buy and sell breakouts. That is the worst thing you could ever, ever ever do. Always think of buying low and selling high. Why? Bc even if your analysis is off, the market will find support under you.....
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Markets sell of from highs, not lows...
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But dont take my word for it....Keep trading what you see short term.
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Youll have pos mos telling me Im stupuidf
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The boxes represent ppl who think UJ is a good value to buy at that price point btw.
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99% of price is retested within 90 days...think about that.
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If you want to sell your house, how do you do it? Do you throw a fib on your neighborhood prices, or do you look at what the market is telling you?? Food for thought.
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Lol but everyone in the chat is telling you to sell UJ. That's the only indicator you need. Always do the opposite of what the general public is telling you...
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idiots selling into buyers. it's the circle of life.
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Pay attn to successive indecision candles at the bottom and tops of moves. Price is pulling at your sleeve trying to tell you something.
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Werent we at the directly above box last friday? That's odd.. I expected us to move down more in a downtrend.
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Why did Gann tell you 100 yrs ago, that the ticker tape never lies? BC it doesnt.