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Strategies & Market Trends : Charting & Technical Analysis for Stock Indexes
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To: James Strauss who wrote (59)11/18/2001 3:58:59 PM
From: chartwiznyc  Read Replies (1) of 211
 
Jim, thanks......I did not want to take away from the point of this video, the reason is many, or should I say most traders have a hard time understanding multiple time frames & how they interrelate to one another, shorting 1 min bear flags or 5 min flags into a key support, trend line or 20 ema or 50 ema of a larger time frame bull flag buy. Now that that already confusing idea & put in some stochastic, you will have 9 time frames 9 diff buy & sells & you have a mess, not a joke, I already tried to share that with people & they looked as if I had 3 heads, buying & selling at the same time or same area & both being correct is not a easy thing to follow........rather than sharing that on a video of a specific idea of seeing consolidation & using the leaderships & indexes for confirmation, I will do a separate video just on using stochastic & price, & then using it on multiple time frames but slowly so not to confuse the majority of traders, I want to get my points across but not overwhelm them with information that is not needed......thanks for your suggestion & I will be working on posts with indicators, the key is to first understand price, without understanding price as a indicator how could anybody understand a rsi or stoch or a macd ect....??? Talk soon...Chris

By the way...on your profile that was the original wizard on my website....I changed it but I like yours.....
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