Page 120 - THE MARKET WHISPERER

118 PART 4 - The Char t: Money ’s Footprint

Altria, MO – Two-Day Japanese Candle Chart at Intervals of Five
Minutes

Had I checked only the last two days of trading, I’m not sure I would
want to buy this stock. But, having already looked at the past ten days, the
past two days fit better within the broader timeframe. Additionally, I keep

in mind that the last day of trading ended with a sharp drop in prices in the

overall markets, which also affected Altria a bit. I am now very interested.

When taking into account the candles for day, week and longer periods, I

see clearly that I really like Altria’s history and can predict that its future
looks good, although not until it moves above $21.50.

SMART Before deciding to buy a stock, you need to check its
MONEY behavior over periods of five minutes, thirty minutes, daily,
and weekly.

Summary:
When making your decision to buy a stock, and also determining the
best entry point (professionally known as a “trigger”), it is vital to switch
between different timeframes, examine the stock’s behavior using
Japanese candles of different intervals, and even elaborate on market
activity during the same timeframes. In weekly candles, I see less “noise”
than in daily candles, and in daily candles I see less “noise” than in intraday
thirty-minute candles, and so on. As an intraday trader, I will make my