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Strategies & Market Trends
Ahh Canada - 2 out of 3 ain't bad

An SI Board Since October 1998

Posts	SubjectMarks	Bans
5144	50	0

Emcee: Cush	Type: Unmoderated

Introduction Compact

Stochastic, MACD, Chaikin Money Flow (CMF)

This is a thread to discuss the TA merits of Canadian stocks.

There are two rules.

First -volume should have generated a minimum of $100,000. per day for at least the past five trading days.

Second -Either or both, Stochastic and MACD should be indicating a trend, supported by CMF.

- - - Two indicators out of three ain't bad. - - -

Please feel free to explain your technical analysis.

For my charts, I am currently using StockCharts.com

Here's a link to a typical chart with the above indicators.
stockcharts.com[e,a]dallyimy[dc][pb20][vc60][iUd20!Ub14!Ll14!La12,26,9!Lp14,3,3!Lc20]

Here's a link to a stock scan at StockCharts.com that I have found provides some good TA prospects on the TSE (and other exchanges).
stockcharts.com

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Please Note

You should not make buy or sell decisions based on anything anyone, including the moderator, posts in this forum. This is forum to discuss and learn more about Technical Analysis - nothing more.

My opinions are not meant to influence anyone's buy or sell decisions.

Sometimes I'm right, sometimes I'm wrong.

***********************************************************************************

My typical charts now (July 15, 2001) show the following indicators:

CCI - an oscillator that often gives reliable oversold and overbought signals.

RSI - an oscillator that also gives fairly reliable oversold/overbought signals.

Closing Price Chart - a line price chart showing the last price traded. At the end of the day, this is a closing price chart.

Moving Averages (on the Price Chart) - I have been using a 20 day Moving Average as suggested by one of the thread regulars, Tom McIlwain. Some of our other regulars use different MA's. Moving Average crosses, either of the daily price over various MA's, or of each other, are often significant.

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 (flat or falling) periods, oscillating (Stochastic, CCI, RSI) indicators may be more appropriate to use.

+DI, -DI (within the ADX section) - these lines are indications of buying 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.

MACD - my primary indicator for buy signals. (Especially in a trending (see ADX) market.)

Stochastic - my primary indicator for sell signals. (Especially in a non-trending (see ADX) market.)

Chaikin Money Flow - an indicator of the strength of money flow into or out of a stock.

Welcome to Ahh Canada - 2 out of 3 ain't bad.

Please enjoy, learn, and contribute.

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Posted
5144	I have joined your new forum on TA Well, thank you for joining my forum... Every	Underexposed	-	4/10/2017
5143	Hi Underexposed, Thanks for comments. I still spend a lot of time on my own T	Cush	-	4/10/2017
5142	I agree with Axial the use of the URL icon works fine... though I am not sure i	Underexposed	-	4/9/2017
5141	TSX 60 - support at 910 looks important. [graphic]	Cush	-	3/21/2017
5140	S&P 500 - and here we are again. [graphic]	Cush	-	12/1/2016
5139	S&P 500 - here we are again. [graphic]	Cush	1	11/18/2016
5138	interactivebrokers.com [graphic]	axial	-	11/16/2016
5137	Cush, you can link to the chart you want -- if the chart is specified by the URL	axial	-	11/13/2016
5136	Hi Jim, Here is chart showing the PLI performance versus a couple of BioTech i	Cush	-	11/13/2016
5135	Hi Cush - Sorry for the slow reply. I was trying to compare PLI vs BTK to illus	axial	-	11/13/2016
5134	Hi Jim, Not sure this is what you are looking for. I have to go our for awhil	Cush	-	11/11/2016
5133	Cush, can you chart PLI vs BTK (blue shaded area/time frame)? [graphic] Thanks	axial	-	11/11/2016
5132	TSX 60 - maybe go away in August come back next year. Some important support at	Cush	-	11/11/2016
5131	S&P 500 - Interesting times indeed. [graphic]	Cush	1	11/10/2016
5130	PLI.TO ProMetic Life on the TSX. This chart is looking promising. When I fi	Cush	1	10/20/2016
5129	S&P 500 - Cause for concern. Support (2120) and Resistance (2190) are clear	Cush	-	10/15/2016
5128	TSX 60 - 840 was and still is an important support level. [graphic]	Cush	-	9/12/2016
5127	TSX 60. Important support at 840. [graphic]	Cush	-	7/29/2016
5126	TSX 60 is climbing the stairs. There was an interesting cluster around that l	Cush	1	4/20/2016
5125	TSX 60 - We are right at another resistance point, about 787. Regardless of wh	Cush	-	3/9/2016
5124	TSX 60 - Here we are at an inflection point again. A break above the trend l	Cush	-	3/2/2016
5123	TSX 60 - Relief rally, or the start of something more. We've been climbi	Cush	-	2/20/2016
5122	Canada since the start of September 2014. TSX Composite down 22.73% TSX Small	Cush	-	1/16/2016
5121	And how bad have things been when you include last year? Here are the numbers,	Cush	-	1/16/2016
5120	Brutal start to the year. S&P 500 down 8.0% Dow Jones Indu down 8.25% W	Cush	-	1/16/2016

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