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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Matt G. who wrote (12473)2/19/1998 11:44:00 AM
From: James Strauss  Respond to of 79296
 
>>>Thanks again for the Weinstein reference. Amazon.com got it to me pronto! Question: on the ICQ.com charts that you access on the net, I assume the red line is MA...but what period of time is it set in? Green looks to be a shorter MA period. Of course, that's the program I currently use since I have none other.<<<
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Bugg:

After reading Weinstein you should have a good basic understanding of Support/Resistance and chart formations... From there, you can move on to more advanced TA study... A good intermediate TA book is written by Thomas Meyers... I don't have the name, but you could do an Author search on Amazon.com... The third book you'll want to read is "Trading For A Living" by Alexander Elder...

As for the moving averages, I believe the Red one is a 50 day MA... The green one is probably a 20 day MA...

Jim