To: The Freep who wrote (36003 ) 5/13/2002 6:27:46 PM From: Davy Crockett Read Replies (1) | Respond to of 52237 Your right of course Freep. Personally, I didn't think Iso or Paul or Claptons's Guitar would repspond to me. I'm on for the challenge (gulp... help <g>) Well Iso or Paul or Claptons guitar or whatever... Why don't we just post our posts based on charts that r readily available to everybody & go from there <sp?>.... May the best man or woman win <ggg> Best of luck guys/girls.... pick a time frame and a chart with my daily parameters... & we r on investorshub.com Started By: svenlar Assistants: None Created: 10/5/2001 10:24:12 PM This is a thread to discuss the TA merits of Stocks that trade on a variety of senior exchanges, preferably with a minimum volume of 50,000 for the TSE & AMEX; & 200,000 shares average volume for the NYSE, NASDAQ. I rarely play the CDNX... but I have no choice in the current market enviroment... (resource friendly), note these stocks are thinly traded & one must always use limit orders & sit on the bid or ask for days or weeks in order to get a fill. High risk IMO but sometimes very high reward. Please do not post OTC Canadian (CDNX) or OTC American stocks. (ie: Nasdaq pink sheets) I am a novice chart reader giving opinions that I hope will help me and others learn some more about Technical Analysis. Sometimes I'm right, most of the time I'm wrong. Which is why I use stops. Mental, physical or otherwise...depending on the liquidity <g/ng> ********************************************************************************************************************************** My typical charts now show the following indicators: Candle Chart - a candle price chart used in conjunction with Moving Averages (on the Price Chart) - I have been using a 5 X 21 day EMA moving average. Moving Average crosses, either of the daily price over various MA's, or of each other, are often significant. Note that I like to work in three different periods, monthly, weekly, daily or weekly, daily, hourly. With confirmation ideally in all 3 time periods, but I am comfortable with two timeframe confirmations (higher risk though...) Moving average articles: stockcharts.com stockcharts.com ADX - the ADX line (heavy black) is used to establish whether a strong trend (rising ADX) or a weakening, non-trending period is in effect for that particular chart. In trending (rising) periods, trend following indicators (MACD and MA's) are perhaps more valuable. In non-trending (under 20) or possibly flat or falling periods, oscillating indicators (Stochastics for example) may be more appropriate to use. ADX article: stockcharts.com stockcharts.com +DI, -DI (within the ADX section) - these lines are indications of buying &/or selling strength It may be useful to use a cross of the +DI over the -DI as a buy signal in conjunction with other indicators, and to use the opposite cross as a sell signal or as a possible short. DMI chart example: stockcharts.com stockcharts.com MACD - See above re: use in a trending market (see ADX: above 20) Stochastic - For an oscillating or a non-trending market (see ADX: below 20) market. OBV- an indicator of the strength of money flow into or out of a stock over a period of time. Occasionally I will post Pnf (point & figure) charts, along with detailed explainations, in conjunction with the other charts. Example of a PnF chart stockcharts.com PnF articles: Understanding PnF charts stockcharts.com Classic PnF Alerts stockcharts.com PnF buy & sell signals (updated daily) stockcharts.com Example of a typical up trending chart with my favorite indicatorsstockcharts.com [w,a]dicayymy[dc][pc5!c21!c50!c200!h.02,.20!i!f.... Article: Trading with ema crossover & DMI crossovers stockcharts.com Please enjoy, learn, and contribute. John Murphy's Ten Laws of Techincal Trading stockcharts.com I dedicate this thread to the Chief Subject 23802 Ward Subject 23841 , Keith Member 3623395 & Cush Subject 23426 who immeasurably helped me to establish my bearings in this treacherous market. So..., from a long, long, time ago, I will never forget the education that I received by these previously mentioned thread moderators... Hopefully, I can pass on the knowledge that I was lucky enough to glean from those threads. Regards, Peter Options: Remove 'Swing trading Canadian' E-Mail List Subscription