Wednesday, June 27, 2018 11:43:37 AM
Trading...
Its easy...3day average crosses "above" the 5 day average=BUY...IF 3day fails and crosses below the 5 day average=sell =there is something wrong...you step aside...
Read all you can on the Intro page...and ask questions...
AMD was a good stock It went up 70% from when I talked/bought it ahead of earnings. It has a good story...I will buy it ahead of earnings in a week or so...
LITE is interesting it has a good story(paper trade it...3cross 5day=buy...) I say there will be a lot of trades...price target=$60...62...66...70...75...78...80...85. Price won't get to $80 in a straight line...I want it to get oversold a few times on the way to $80. CCI is my oversold/overbought indicator...
I intend/expect to get $5-7 out of this stock every time the CCI gets oversold. 3cross 5 then 3 cross 10day average says a trend is likely forming or is already there...these I call grail averages...LITE technical signals are saying ready...
You are now an expert...you just don't know it...because humans want complicated...they complicate everything...my 3 remaining neurons require simple...
Daily...
https://stockcharts.com/c-sc/sc?s=LITE&p=D&yr=0&mn=6&dy=0&i=p78899858922&a=603053055&r=1530064227361
...take price off chart and the arrows show the 3 cross 5 day average.
Then note stochastics 10,3 ...note how it signals at the 20 stochastics signal line...its telling you change has happened and "MOMENTUM" is trying to run in the UP direction...note it often signals before the 3day crosses the 5 day...you just have to listen to what the chart is saying...
You are now an expert...everything else just may be noise...
Daily...
https://stockcharts.com/c-sc/sc?s=LITE&p=D&yr=0&mn=6&dy=0&i=p60010482537&a=603053055&r=1530067439377
You now have mastered the Grail averages...and you have a definition of overbought and oversold when looking at the CCI and stochastics
There is a method of reading the crowd... "Method to the Madness of Crowds" and you can find it and define it on the charts...Technical Charting takes away some of the fear/doubt in trading... and then all you need is patience while waiting for the chart to tell you when the momentum/sentiment turns...Kiy...
MOMENTUM...looking at the price chart below; these technical indicator=above price bars are momentum indicators...the goal is to buy low/sell high...oversold/overbought "relative" to what = CCI 20...%B...Stochastics...and ULT...these indicators are all about "PRICE" MOMENTUM. Technical indicators "indicate"... "point direction" they are best read when the indicator is at one of it's "signal" lines and when price is at certain price levels such as Support/Resistance lines.
Stochastics is an important indicator, learn all you can about this one. Developed by George C. Lane in the late 1950s, the Stochastic Oscillator is a momentum indicator that shows the location of the close relative to the high-low range over a set number of periods. According to an interview with Lane, the Stochastic Oscillator “doesn't follow price, it doesn't follow volume or anything like that. It follows the speed or the momentum of price. As a rule, the momentum changes direction before price.” As such, bullish and bearish divergences in the Stochastic Oscillator can be used to foreshadow reversals. This was the first and most important, signal that Lane identified. Lane also used this oscillator to identify bull and bear set-ups to anticipate a future reversal. Because the Stochastic Oscillator is range bound, is also useful for identifying overbought and oversold levels.
NOTE: If you have the momentum indicators on your side the risk is less...If you think you can trade against these indicators on the Daily chart your trading account is going to shrink...General Expert...SeekingAlpha Blog
Regression to the Mean/Mean Reversion... is the most powerful law in financial physics. This is the Bollinger Bands 20,2... 20 is the centerline of the Bands...it is the 20 day moving average it is the "mean reversion line"= a very important signal line...
Mean reversions out of extremes are the most powerful and profitable forces in all the financial markets. Riding one has enormous benefits for your wealth. Financial-market prices and sentiment are like a giant pendulum. The farther they are pulled to one extreme (overbought/oversold) by excessive greed or fear, the farther they necessarily swing to the opposite extreme in the subsequent mean reversion. Like pendulums, these reversions don’t magically stop right in the middle at normal again. Their kinetic momentum carries them through to the opposite ends of their arcs. But overshot extremes don’t last for long, as the universal greed necessary to fuel them quickly burns itself out.
https://ih.advfn.com/stock-market/AMEX/spdr-s-p-500-SPY/trades
https://stockcharts.com/c-sc/sc?s=%24SPX&p=D&yr=0&mn=6&dy=0&i=p66032159531&a=557666909&r=1511024949662
Next...Note the last 2 graphs on the above chart,... below the On Balanced Volume indicator(OBV)... Note how the price bars change color when price closes above or below the 10 day average. Maybe a green price bar is telling you to buy because a potential trend may form; maybe a green price bar is saying don't sell...maybe = its saying both buy-don't sell ...
Maybe a red price bar says sell or maybe its saying don't buy... maybe both...
Maybe a blue price bar is neutral about Direction/Trend; maybe its saying to listen to the last green or red price bar on the price chart...?...
It can be this easy... maybe now you are an expert, but don't know it. Test it... You can look back at a chart from 5years ago or look at this chart 5years from now...I will not have to change any parameters on this chart and all the definitions above will remain the same...
...please note: these colored price bars are part of the Elder's Impulse System which is based on two indicators, a 13-day exponential moving average and the MACD-Histogram. http://stockcharts.com/school/doku.php?st=elders&id=chart_school:chart_analysis:elder_impulse_system The moving average identifies the trend, while the MACD-Histogram measures momentum. As a result, the Impulse System combines trend following and momentum to identify tradeable impulses. This unique indicator combination is color coded into the price bars for easy reference. I (Kiy) have added some speed to it with the use of the 10day moving average (also the 10day average relates to the Grail averages and it just so happens the colored price bars work very good with the 10day average also.) And (Kiy) does not use MACD for momentum, I like Stochastics....I leave it to you to use the link above to see how Dr. Elder interprets the colored price bars.) (...Any way you look at the colored price bars; they are very helpful...better than Candlesticks ; you can test it and learn.)
"Trader's Sentiment Indicators"
SENTIMENT On the above chart...look at the indicators starting with VOLUME... I use these indicators as SENTIMENT INDICATORS..."trader's sentiment indicators" ...Volume=volume speaks volumes...Accumulation/Distribution... Money Flow Index (MFI) is also both a momentum and sentiment indicator...On Balanced Volume (OBV)...(and on an intraday chart VWAP=Volume Weighted Average Price which I consider both a MOMETUM and SENTIMENT indicator ...from Wikipedia The VWAP can be used similar to moving averages, where prices above the VWAP reflect a bullish sentiment and prices below the VWAP reflect a bearish sentiment. Traders may initiate short positions as a stock price moves below VWAP for a given time period or initiate long position as the price moves above VWAP. Institutional buyers and algorithms will often use VWAP to plan entries and initiate larger positions without disturbing the stock price.)
The crowd is always taking action...The sentiment indicators are telling you what the "crowd" is doing/thinking... These Sentiment Indicators "indicate"... "point direction" (it really is ALLLL about UP/Sideways/DOWN...) Sentiment indicators are best read when price is at certain price levels like Support/Resistance Lines or at certain Moving Average Lines like the 10day, 20day and 50day moving average. Markets are not about beliefs/opinions, but about sentiment. And, If you can measure sentiment... then you are in a position to make your investment account grow without the need for excuses. (...this really is all you need to know about the Markets... and it should be carved in stone...kiy) (https://seekingalpha.com/article/1719142-how-should-you-trade-silver-with-all-the-manipulation) (note Kiy; does not advocate Elliot Wave)
The stickie note "Sectors ..."Daily" on the Speculation Board has a long list of charts based on the technical indicators noted above: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=141247347
Its easy...3day average crosses "above" the 5 day average=BUY...IF 3day fails and crosses below the 5 day average=sell =there is something wrong...you step aside...
Read all you can on the Intro page...and ask questions...
AMD was a good stock It went up 70% from when I talked/bought it ahead of earnings. It has a good story...I will buy it ahead of earnings in a week or so...
LITE is interesting it has a good story(paper trade it...3cross 5day=buy...) I say there will be a lot of trades...price target=$60...62...66...70...75...78...80...85. Price won't get to $80 in a straight line...I want it to get oversold a few times on the way to $80. CCI is my oversold/overbought indicator...
I intend/expect to get $5-7 out of this stock every time the CCI gets oversold. 3cross 5 then 3 cross 10day average says a trend is likely forming or is already there...these I call grail averages...LITE technical signals are saying ready...
You are now an expert...you just don't know it...because humans want complicated...they complicate everything...my 3 remaining neurons require simple...
Daily...
https://stockcharts.com/c-sc/sc?s=LITE&p=D&yr=0&mn=6&dy=0&i=p78899858922&a=603053055&r=1530064227361
...take price off chart and the arrows show the 3 cross 5 day average.
Then note stochastics 10,3 ...note how it signals at the 20 stochastics signal line...its telling you change has happened and "MOMENTUM" is trying to run in the UP direction...note it often signals before the 3day crosses the 5 day...you just have to listen to what the chart is saying...
You are now an expert...everything else just may be noise...
Daily...
https://stockcharts.com/c-sc/sc?s=LITE&p=D&yr=0&mn=6&dy=0&i=p60010482537&a=603053055&r=1530067439377
You now have mastered the Grail averages...and you have a definition of overbought and oversold when looking at the CCI and stochastics
There is a method of reading the crowd... "Method to the Madness of Crowds" and you can find it and define it on the charts...Technical Charting takes away some of the fear/doubt in trading... and then all you need is patience while waiting for the chart to tell you when the momentum/sentiment turns...Kiy...
MOMENTUM...looking at the price chart below; these technical indicator=above price bars are momentum indicators...the goal is to buy low/sell high...oversold/overbought "relative" to what = CCI 20...%B...Stochastics...and ULT...these indicators are all about "PRICE" MOMENTUM. Technical indicators "indicate"... "point direction" they are best read when the indicator is at one of it's "signal" lines and when price is at certain price levels such as Support/Resistance lines.
Stochastics is an important indicator, learn all you can about this one. Developed by George C. Lane in the late 1950s, the Stochastic Oscillator is a momentum indicator that shows the location of the close relative to the high-low range over a set number of periods. According to an interview with Lane, the Stochastic Oscillator “doesn't follow price, it doesn't follow volume or anything like that. It follows the speed or the momentum of price. As a rule, the momentum changes direction before price.” As such, bullish and bearish divergences in the Stochastic Oscillator can be used to foreshadow reversals. This was the first and most important, signal that Lane identified. Lane also used this oscillator to identify bull and bear set-ups to anticipate a future reversal. Because the Stochastic Oscillator is range bound, is also useful for identifying overbought and oversold levels.
NOTE: If you have the momentum indicators on your side the risk is less...If you think you can trade against these indicators on the Daily chart your trading account is going to shrink...General Expert...SeekingAlpha Blog
Regression to the Mean/Mean Reversion... is the most powerful law in financial physics. This is the Bollinger Bands 20,2... 20 is the centerline of the Bands...it is the 20 day moving average it is the "mean reversion line"= a very important signal line...
Mean reversions out of extremes are the most powerful and profitable forces in all the financial markets. Riding one has enormous benefits for your wealth. Financial-market prices and sentiment are like a giant pendulum. The farther they are pulled to one extreme (overbought/oversold) by excessive greed or fear, the farther they necessarily swing to the opposite extreme in the subsequent mean reversion. Like pendulums, these reversions don’t magically stop right in the middle at normal again. Their kinetic momentum carries them through to the opposite ends of their arcs. But overshot extremes don’t last for long, as the universal greed necessary to fuel them quickly burns itself out.
https://ih.advfn.com/stock-market/AMEX/spdr-s-p-500-SPY/trades
https://stockcharts.com/c-sc/sc?s=%24SPX&p=D&yr=0&mn=6&dy=0&i=p66032159531&a=557666909&r=1511024949662
Next...Note the last 2 graphs on the above chart,... below the On Balanced Volume indicator(OBV)... Note how the price bars change color when price closes above or below the 10 day average. Maybe a green price bar is telling you to buy because a potential trend may form; maybe a green price bar is saying don't sell...maybe = its saying both buy-don't sell ...
Maybe a red price bar says sell or maybe its saying don't buy... maybe both...
Maybe a blue price bar is neutral about Direction/Trend; maybe its saying to listen to the last green or red price bar on the price chart...?...
It can be this easy... maybe now you are an expert, but don't know it. Test it... You can look back at a chart from 5years ago or look at this chart 5years from now...I will not have to change any parameters on this chart and all the definitions above will remain the same...
...please note: these colored price bars are part of the Elder's Impulse System which is based on two indicators, a 13-day exponential moving average and the MACD-Histogram. http://stockcharts.com/school/doku.php?st=elders&id=chart_school:chart_analysis:elder_impulse_system The moving average identifies the trend, while the MACD-Histogram measures momentum. As a result, the Impulse System combines trend following and momentum to identify tradeable impulses. This unique indicator combination is color coded into the price bars for easy reference. I (Kiy) have added some speed to it with the use of the 10day moving average (also the 10day average relates to the Grail averages and it just so happens the colored price bars work very good with the 10day average also.) And (Kiy) does not use MACD for momentum, I like Stochastics....I leave it to you to use the link above to see how Dr. Elder interprets the colored price bars.) (...Any way you look at the colored price bars; they are very helpful...better than Candlesticks ; you can test it and learn.)
"Trader's Sentiment Indicators"
SENTIMENT On the above chart...look at the indicators starting with VOLUME... I use these indicators as SENTIMENT INDICATORS..."trader's sentiment indicators" ...Volume=volume speaks volumes...Accumulation/Distribution... Money Flow Index (MFI) is also both a momentum and sentiment indicator...On Balanced Volume (OBV)...(and on an intraday chart VWAP=Volume Weighted Average Price which I consider both a MOMETUM and SENTIMENT indicator ...from Wikipedia The VWAP can be used similar to moving averages, where prices above the VWAP reflect a bullish sentiment and prices below the VWAP reflect a bearish sentiment. Traders may initiate short positions as a stock price moves below VWAP for a given time period or initiate long position as the price moves above VWAP. Institutional buyers and algorithms will often use VWAP to plan entries and initiate larger positions without disturbing the stock price.)
The crowd is always taking action...The sentiment indicators are telling you what the "crowd" is doing/thinking... These Sentiment Indicators "indicate"... "point direction" (it really is ALLLL about UP/Sideways/DOWN...) Sentiment indicators are best read when price is at certain price levels like Support/Resistance Lines or at certain Moving Average Lines like the 10day, 20day and 50day moving average. Markets are not about beliefs/opinions, but about sentiment. And, If you can measure sentiment... then you are in a position to make your investment account grow without the need for excuses. (...this really is all you need to know about the Markets... and it should be carved in stone...kiy) (https://seekingalpha.com/article/1719142-how-should-you-trade-silver-with-all-the-manipulation) (note Kiy; does not advocate Elliot Wave)
The stickie note "Sectors ..."Daily" on the Speculation Board has a long list of charts based on the technical indicators noted above: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=141247347
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