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Re: magyarbacsi post# 72097

Saturday, 10/20/2007 7:37:28 AM

Saturday, October 20, 2007 7:37:28 AM

Post# of 245853
magyar, i like seeing more chartist like me over here. even if i have to admit that i am here for fundamentals, but chart helps a lot here.

check my chart:

.

i see an ascending channel whith a lower support at 0.03 right now. i think this could be good support if it wants to get down further.

IMO, i dont know how much of a trustable indicator EMA 8 it, i believe more in MA 200 and 50. problem is, you can "invent" any MA or EMA till one matches, but i dont know if EMA 8 is established, i could be wrong...

whats your opinion on it?

ps: i made this chart yesterday DURING markethours, so candle doesnt reflect the whole day!