Coinaute
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😱Meet Linda Bradford Raschke💸💸🔥🔥
The “Wall Street Wizard” who made hundreds of millions.
Top 12 technical trading rules she follows 🧵👇
We put a lot of research and work into this thread for FREE before reading it🙏 🚨
Very Important 🚨 Please follow @Coinaute and 🩷Like + Comment and ✅ Share #binance #MarketDownturn
➡️Don’t miss your next Analysis!
Who's Linda Raschke?
Linda Raschke is a well-known trader who started learning about financial markets from her father. She grew up in a trading family and became interested in charts at a young age.
She began her career as a commodities trader on the Pacific Stock Exchange and later became a registered adviser. Raschke is a strong believer in technical analysis and connects her ability to recognize patterns to her love of music.
She thinks traders don’t need a deep market background because the rules change when big investors get involved. She shares her knowledge about short-term trading patterns through books, blogs, and YouTube videos.
Preparation is the most important thing for Raschke. She carefully plans all her ideas, trades, and positions, and she almost never breaks her rules.
Linda’s hedge fund (LBR Group) was ranked 17th out of 4500 for best 5-year performance by BarclaysHedge. She continues to trade daily to this day from the same money-managed program she has been trading since 1992.
Here are her top 12 technical trading rules you need to know👇
1. Buy the first pullback after a new high. Sell the first rally after a new low.
2. Afternoon strength or weakness should have follow through the next day.
3. The best trading reversals occur in the morning, not the afternoon.
4. The larger the market gaps, the greater the odds of continuation and a trend.
5. The way the market trades around the previous day’s high or low is a good indicator of the market’s technical strength or weakness.
6. The previous day’s high and low are two very important “pivot” points, for this was the definitive point where buyers or sellers came in the day before. Look for the market to either test and reverse off these points, or push through and show signs of continuation.
7. The last hour often tells the truth about how strong a trend truly is. “Smart” money shows their hand in the last hour, continuing to mark positions in their favor. As long as a market is having consecutive strong closes, look for up-trend to continue. The up trend is most likely to end when there is a morning rally first, followed by a weak close.
8. High volume on the close implies continuity the next morning in the direction of the last half-hour. In a strongly trending market, look for resumption of the trend in the last hour.
We put a lot of research and work into this thread for FREE before reading it🙏 🚨
Very Important 🚨 Please follow @Coinaute and 🩷Like + Comment and ✅ Share #binance #MarketDownturn
➡️Don’t miss your next Analysis!
Top 12 technical trading rules she follows 🧵👇
We put a lot of research and work into this thread for FREE before reading it🙏 🚨
Very Important 🚨 Please follow @Coinaute and 🩷Like + Comment and ✅ Share #binance #MarketDownturn
➡️Don’t miss your next Analysis!
Who's Linda Raschke?
Linda Raschke is a well-known trader who started learning about financial markets from her father. She grew up in a trading family and became interested in charts at a young age.
She began her career as a commodities trader on the Pacific Stock Exchange and later became a registered adviser. Raschke is a strong believer in technical analysis and connects her ability to recognize patterns to her love of music.
She thinks traders don’t need a deep market background because the rules change when big investors get involved. She shares her knowledge about short-term trading patterns through books, blogs, and YouTube videos.
Preparation is the most important thing for Raschke. She carefully plans all her ideas, trades, and positions, and she almost never breaks her rules.
Linda’s hedge fund (LBR Group) was ranked 17th out of 4500 for best 5-year performance by BarclaysHedge. She continues to trade daily to this day from the same money-managed program she has been trading since 1992.
Here are her top 12 technical trading rules you need to know👇
1. Buy the first pullback after a new high. Sell the first rally after a new low.
2. Afternoon strength or weakness should have follow through the next day.
3. The best trading reversals occur in the morning, not the afternoon.
4. The larger the market gaps, the greater the odds of continuation and a trend.
5. The way the market trades around the previous day’s high or low is a good indicator of the market’s technical strength or weakness.
6. The previous day’s high and low are two very important “pivot” points, for this was the definitive point where buyers or sellers came in the day before. Look for the market to either test and reverse off these points, or push through and show signs of continuation.
7. The last hour often tells the truth about how strong a trend truly is. “Smart” money shows their hand in the last hour, continuing to mark positions in their favor. As long as a market is having consecutive strong closes, look for up-trend to continue. The up trend is most likely to end when there is a morning rally first, followed by a weak close.
8. High volume on the close implies continuity the next morning in the direction of the last half-hour. In a strongly trending market, look for resumption of the trend in the last hour.
We put a lot of research and work into this thread for FREE before reading it🙏 🚨
Very Important 🚨 Please follow @Coinaute and 🩷Like + Comment and ✅ Share #binance #MarketDownturn
➡️Don’t miss your next Analysis!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.