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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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kimberley
towerdog
To: kimberley who wrote (59167)5/5/2022 8:00:13 PM
From: Lee Lichterman III3 Recommendations   of 97958
 
I tried putting it on a chart recently but I guess I didn't understand how to use it to try it out with real trades. It looked kinda like volume profile but with Bollinger bandy kind of curvy channels but they got bigger and smaller.
My daily system that I use for my "normal market" swing trading is simple arrows firing that picks highs and lows. It's almost idiot proof. LOL It worked great in the 90s through early 2000s. I didn't trade much when I got a high demand job. When I started trading again, it still works but not as good as it used to. I've been tweeking it but I think the computerized algo environment has changed things in the overall market. Sometimes my signals are a day early and sometimes late.
Day trading is kind of the same. I never had intra day charting software so never wrote a formula like my swing trading system. I used to just use online charts and some simple indicators and trend lines, formations etc. Now that I'm starting to do it again, I'm having more success with channels. On daily charts I always used pitchforks so I think channels just look more familiar to me.
I used to just trade on my phone but finally broke down and started doing it on my laptop two days ago. It's a LOT better but I'm still getting used to the new software. Today I had an order in and couldn't figure out how to change my ask price. I was in a panic but luckily the market bounced and I got my fill. LOL
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