Ya Ive tried using the MACD and RSI but I find they're only useful for large cap stocks and ETFs that dont move very much, like SPXL and NUGT. I think the triangle patterns are good but the ABCD doesn't seem to be working for me because I try to buy at C at that higher low and it always ends up fading the rest of the day for me. I think I just have bad luck
@petwyt1218 With the abcd pattern were you buying stocks that had high volume and were really moving? Like with $GALE even though Tim didn't like people buying it, it was trading heavily on high volume and made abcd patterns on the 6/29 and 6/30.
@petwyt1218 The simpler the better. Drawing these trend lines stop me from trading random stocks with random patterns.
which is what I've done in the past
Ya Ive tried using the MACD and RSI but I find they're only useful for large cap stocks and ETFs that dont move very much, like SPXL and NUGT. I think the triangle patterns are good but the ABCD doesn't seem to be working for me because I try to buy at C at that higher low and it always ends up fading the rest of the day for me. I think I just have bad luck
@petwyt1218 With the abcd pattern were you buying stocks that had high volume and were really moving? Like with $GALE even though Tim didn't like people buying it, it was trading heavily on high volume and made abcd patterns on the 6/29 and 6/30.
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