Comments on: Top 3 Reasons Why The NASDAQ Will Soon Breakout To A New High https://morpheustrading.com/blog/top-3-reasons-nasdaq-breakout/ Learn how to swing trade explosive growth stocks and top cryptos with a proven stock trading strategy since 2002. Wed, 06 Apr 2022 19:05:06 +0000 hourly 1 By: Deron Wagner https://morpheustrading.com/blog/top-3-reasons-nasdaq-breakout/#comment-1267 Fri, 06 Sep 2013 19:25:08 +0000 http://www.morpheustrading.com/blog/?p=3036#comment-1267 In reply to aaa@bbc.co.uk.

That’s a good point. However, just for the record, my trading strategy is based on technical analysis, rather than fundamental or news events.

This is because the reaction to any news events of fundamental situations will always be reflected in the price and volume. Therefore, the technicals tell me everything I need to know.

Years ago, I used to trade in anticipation of key news events, but I soon learned it was a fruitless effort because the market usually went the opposite direction that one might have expected. I later learned this is also because expectations are usually already built into price.

Thanks for your comment…just my 2 cents there.

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By: aaa@bbc.co.uk https://morpheustrading.com/blog/top-3-reasons-nasdaq-breakout/#comment-1265 Fri, 06 Sep 2013 19:16:33 +0000 http://www.morpheustrading.com/blog/?p=3036#comment-1265 dont forget the supportive fact that there might mot be any tapering soon

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