neil
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macd
The way the price goes up and then dances around in a range reminds me of a book on trading written by Nicholas Darvas. He noted tradeable stocks went up, then bounced around in a box (Consolidation) then moved up again.
Nowadays we could do the same with shorts. Being an old git I prefer the simple things like support/resistance, consolidations, trendlines. moving averages, bollinger and good old MACD.
Being new here I notice people like yourself have a high standard of posting and are kind enough to share your thoughts with those of us intent on catching crumbs from your tables.
Regards
Neil
The way the price goes up and then dances around in a range reminds me of a book on trading written by Nicholas Darvas. He noted tradeable stocks went up, then bounced around in a box (Consolidation) then moved up again.
Nowadays we could do the same with shorts. Being an old git I prefer the simple things like support/resistance, consolidations, trendlines. moving averages, bollinger and good old MACD.
Being new here I notice people like yourself have a high standard of posting and are kind enough to share your thoughts with those of us intent on catching crumbs from your tables.
Regards
Neil
