Doug R: There's actually a difference between your basic, generic TA and TA done properly.
Well, I respectfully disagree. When you refer to TA done properly, you seem to mean your TA.
As many, I use a personal system of which I do not share the construction. Of course, I have shared the signals. If you have followed the TSO and as of late the MDA thread, you will note, that I have done a fairly good job of using traditional chart patterns to call consolidation patterns and resolutions within a day of each breakout consistently since mid July. In addition, to confirm what my own indicators are telling me, I have pointed to such public indicators as the Mc Osc, Mc Summation, Adv/Dec, MACD, New Highs/New Lows and several others. Of course, I rarely get my back slapped on the threads…<g>
I am sure many appreciate your input to the MDA thread as do I, however basic techniques can and will work often when used correctly. I personally defer to my system, but I do use public analysis techniques to supplement my conviction and support my expectations publicly.
And, I always read the fundamental input and others technical input.
Good Trading...
Regards,
LG |
