Advanced Charting Methods & Ideas

[fabrizio]

Jeff ready for a good short ?

[fabrizio]

Nice , at 6 minute from start

[JJordan]

Bollinger Bands

Here's another look at the 3,-3bar moving average.
The main focus is the use of a bollinger band and where/when
the 3,-3ma crosses a BB or the 20ma centerline. The 9ma is
redline, 40ma blueline. The principal works any interval.

Always watch price support/resistance at key moving averages.
...not to mention fibonacci levels.
Note: the beauty of Price cross 9ma

Veterans Day
In 1918, on the eleventh hour of the eleventh day in the eleventh month, the world rejoiced and celebrated.
War was over.

This day is not to honor war, but the sacrifice made by others for our freedom.

11They overcame him
by the blood of the Lamb
and by the word of their testimony;
they did not love their lives so much
as to shrink from death.


~j

[JJordan]

GAPS

There's some good stuff over at the Hard Right Edge .
Excellent trading tips on the types of gaps and methods!

BREAKAWAY: as a market breaks out into a new trend move, up or down.

CONTINUATION: as the trend goes runaway with enthusiasm or fear.

EXHAUSTION: as the trend burns out with one last surge.



I saw some good discussion on reversals...lots of good technical
material over there.
The 7 Bells Scan is a nice free tool. They help you recognize
similar trading setups after researching scan results.
~j

[JJordan]

GAPS

Will this become a hammer? Watch your Doji's!<g>

Follow-up chart as pattern develops....

UPDATE 11/14/03 The market shows it's resilience again
by not rolling over at the supports.

Options exiry week...should get interesting. The pattern
reversed and didn't complete the pattern in previous post....I
thought I had the perfect Hole in Wall example? Hmmm
~j

[JJordan]

GAPS, con't

I had to go up an interval to keep perspective. Looks like
the market is flipping traders off?<g>

I don't have to look at any volatility indexes.<g>

[fabrizio]

Howdy Jeff

[JJordan]

Originally posted by fabrizio
Howdy Jeff

Hey Partner, All Americans wear cowboy hats.


more hammers

Note: RSI above 50 bullish support

FREEDOM:

There are two freedoms: the false where a man is free to do what he likes;
and the true where a man is free to do what he ought.

Like a king sends his son who is a king, He was sent as God,
as a man among men, to save by convincing, not in order to
overcome, because violence is not fitting for God

~j

[MR]

Hi Jeff, Appreciate your comments below on freedom....
nothing fancy, just a quick little hourly Nasdaq chart to add to conversation. - marc

[JJordan]

GAPS, con't



If you tell the truth, sooner or later somebody's going to find you out.
Some say charts don't lie?

But what is freedom? Rightly understood, A universal license to be good. The only freedom I care
about is the freedom to do right; the freedom to do wrong I am ready to part with.

[JJordan]

Moving Averages, con't.

Watch for crosses and bounces.........Light volume

[fabrizio]

Howdy Jeff!!

Thanks for your visit!
May I post un Update of Monady MER Chart? Thanks



........Therefore the Christian has to prove happiness not for he is doing good actions and of his moral behaviours, but just for his good endeavour only have been done for the love of God, without being moved by no other reason..... ( Saint John of The Cross)

[JJordan]

Consolidation Patterns

....watching volume with interest.

There may be better charts....but the patterns are
the same....maybe this stock will move?
Still needs help as commented before, 4 breakout target
next year? A difficult stock...I think a survivor? JMO
~j

[scorpios]

JJ

May I quote this Lines FROM THE FRIEND PLUMBER?

Taken from another site

"Trading is the canvas in which you paint your self portrait.

Trading is the harmony you hear when you choose to forgive yourself.

Trading is getting over yourself, despite yourself.

Trading is being afraid, but doing it anyway.

Trading is the pardoning of prisoners from your past experiences.

Trading is defining what you can control and accepting what you can not.

Trading is finding out your losses will become your greatest gains of all.

Trading is forgetting where you have been so you can devote your energies on where you need to go.

Trading is the judging and sentencing of oneself.

Trading is asking yourself "What if", rather than "Why".

Trading is about the ability to act with conviction when entered into confusion.

Trading is letting the proof of a position be bore by the market and the responsibility to act as planned be bore by oneself.

Trading is the unit of measure by which you can test your limits.

Trading is a garden of personal growth within a field of opportunity.

Trading is the ability to focus attention on your surroundings instead of yourself.

Trading is made secure by the procurement of self- trust.

Trading is the illusion of self; fostered by the ego and fueled by the guilt, fear, and anger within.

Trading is the journey that takes you through knowledge and returns you back to simplicity.

Trading is a process of discovery aided by others but found by oneself.

Trading is the foreshadowing of where you will go by the journal of where you have been.

Trading is an exercise of the mind without the straining of the soul.

Trading is the monitoring of your thoughts and understanding they are not you, but only thoughts.

Trading is the rewarding of risk so you can continue to risk your rewards.

Trading is the recognition of patterns in the market as well as in oneself.

Trading is the shaking of the meek by the hand of the strong.

Trading is the struggle within yourself when you choose conflict over submission.

Trading is choosing patience when lured by the bait of excitement.

Trading is knowing the difference between what trading really is and what others would lead you to believe it to be.

Trading is the confidence you keep by the persistence you are willing to pay.

Trading is something to do with money. I just haven't figured out what quite yet."

[JJordan]

Rate of Change on Bollingers

I saw an excellent formula on file share: BBofROC.efs

~j