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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: Not_Active who wrote (834)6/16/1999 11:40:00 AM
From: -  Read Replies (2) | Respond to of 18137
 
Thanks, Kacy! Good to hear. What do you watch on her site - the S&P Futures room?

I have found the same thing with TA - a simple approach is the best. Not unsophisticated, just simple - trends/moving averages, focusing on Candlesticks (price action), price patterns, and identifying S/R (support and resistance). Doing it on multiple timeframes for everything you're watching being KEY. There are of different formations (flags, pennants, wedges, etc) you have to learn to spot... and I'm still learning but it's becoming more and more simple/clear after ~6 years of it (I think learning to do TA well is a 10-year+ process). Teresa has been trading for 14, I believe she mentioned.

Good trading, -Steve