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


To: Richard Estes who wrote (9033)1/2/1999 4:24:00 AM
From: bdog  Read Replies (1) | Respond to of 12039
 
Richard, "If it was easy everyone would be doing it. "

one of my favorite sayings...

say, how many years of studying TA did it take before you were comfortable and confident in you own analysis?

for that matter , how long did it take to get a system up and running that was profitable?

always appreciate your insight
bdog



To: Richard Estes who wrote (9033)1/2/1999 1:12:00 PM
From: Daflye  Read Replies (1) | Respond to of 12039
 
Also, I used the 50 and 200 because they seem to be the most commonly used measures. And that matters only because more $ will be shifted based of that. Sort of a self fulfilling phrophecy. And because I don't really have a "system" yet, so I fell back on "chart reading 101". heh heh heh. And I was secretly hoping to draw a few responses from the wiser posters on this thread.

But I want to keep things simple. Price and volume are good places to start. Breakouts or breakdowns, consolidation, churn, support, resistance, and some funny-da-mentals. I don't have the tools yet to make use of MACD, or stochastics, or any multi-syllabled word that seems to belong in a Quantum physics text. heh heh heh

I'm a simple man. I fear the "Underpants Gnomes", mis-spell many words, and eat oatmeal. Hope that helps. heh heh heh
Darin



To: Richard Estes who wrote (9033)1/2/1999 8:36:00 PM
From: SpongeBrain  Read Replies (1) | Respond to of 12039
 
How do I graph "89ema with a 8 day lead"?
Do I buy or sell when price crosses above the ma?
Sorry for the newbie questions.