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Strategies & Market Trends : STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE
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To: lazar921 who wrote (1991)1/29/1998 11:32:00 PM
From: Trader X  Read Replies (1) of 2377
 
lazar,

I've found in my 7 years TA experience that 3 point TA works extremely well for me...Support, resistence, and trend.

I know that every experienced TA person comes to develope their rather unique set of points that works for them. While Doug's 52 point TA seems rather overdone to me, it's all rather subjective, and results is all that matters. If one super point of TA gives you 75-80% reliability, then so much the better. For me, I've found that simpler is better. Too many bells and whistles tends to create niose after a while.

-Kevin
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