Predicting due to a reaction based on your educated research, its all the same shit to me, and I would not waste a single breath arguing over its semantics.
I know you are a fairly competent trader, which is why your disbelief only enhances my confidence. Good trading
Come on AD..., don't let me down Disbeliefs are as limiting..., as are beliefs - they deserve to be identified / acknowledged / resolved Thx RN
A few days ago you said the following: "it is my expert opinion: that I thoroughly suck at predicting what is going to happen Because I do For a trader to try and know the unknowable - is a fool's errand - again - in my expert opinion (been there..., done that..., did not get a T-shirt)" In my opinion, and judging from the fact that I have multiple hall of fame threads via different handles and solid performance of over 15 years, I consider it too one with expertise... It is quite possible to predict market direction with extreme positive expectancy without the need to wait for X actions to react. That is the disbelief I referred to. Good trading to you and for what it is worth, I consider you are one of few good guys here.
As I do you.., which is why I wanted your feedback =========================== I'll be the first to admit - I talk out of both sides on my mouth on this one I get inside the mind of the mkt I hunt elephants / whales I read the mkt like a dime novel Which with little extrapolation..., equates to - so you can predict it ============ In the next breath I say - it foolish to try and predict =================== All I can say is: Predicting is a completely insignificant part/ aspect of my trading I completely embrace uncertainty I am solely focused on a process when trading (akin to catching / hitting / throwing a ball..., riding a bike) I do talk out of both sides of my mouth I can easily make a case for FB doing up..., or down next week There is much turmoil in the making..., for FB next week Thanks AD - your insight is always appreciated Sir RN
RN, Couple of bigger charts to accompany your 4hr, so far, sellers are playing the weekly return-line. There's also a wedge on the daily that could also be in play until earnings, past earnings, most technicals are out the window (gamble). Good trading.