We saw a nice breakout for Elders on Friday, however, the stock price failed to break the moving average. If we close above it next week it will be a buy signal for me. MACD, RSI, and DMI are bullish and the stock would more likely to go up from this breakout. Similarly, the Lucid Sar ( AKA Parabolic SAR) is showing a change in direction as well." Downtrend...
✍ ️ I decided today to write a review of the book by Aleksand elder "inputs And outputs: 15 master classes from trading professionals". And for one thing, tell you about the deal I mentioned earlier, short on Juventus shares. So it will be TRAINING and ANALYSIS in one post, or interesting thoughts and ideas + a specific signal and action. 👉 I will start with the...
In the book The New Trading for a Living, Alexander Elder describes an useful and mechanic way to analyze and filter opportunities for investing. The 3 layers have a main purpose these are: Top screen = censorship purpose (this one is the TOP SCREEN) Intermediate screen = determine if there is an opportunity Bottom screen =...