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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?


To: Smooth Drive who wrote (8873)11/9/1998 3:57:00 PM
From: David R. Evans  Read Replies (1) | Respond to of 12039
 
Hello Eric,

Thank you Eric. I hope I can continue the trend.........

When I look at a Weekly chart I am looking for Direction. When I look at the Daily chart I am looking for my buy and sell signals. I always look at the Daily first and then the weekly. If I find the Weekly is moving down I will move on to another chart.

Take a look at the DJ-30 on my home page and see what I mean. Both the Daily and the Weekly are moving UP.... This means we are in an upward trend which started on 10/12/98.

I think this helps put the percentages in your favor...

Dave Evans
interactive.net