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.
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
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
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
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.
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)
....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
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