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Re: a_charting_god post# 15573

Monday, 08/04/2008 9:05:29 AM

Monday, August 04, 2008 9:05:29 AM

Post# of 33129
What?

I didn't answer you before because of the long weekend where I live.

For the record. All the knowledge I have got is from people who have been in the market for years with all their technical knowledge. Much longer than me (8), and you. I got my information from the Internet and I have subscribed to "Stocks & Commodities" I have read all the formulas for most of the indicators and reat all kinds of articles.

For the record I am not snipping back at you. I just answered your message where you implied that I have little knowledge of charts. Are you trying to help me?

After about two years in the market I wanted to use so many and all types of indicators but refined from it because I think it complicates things to much and takes far to much time.
I never use so much charts as you. But then you can of cours use as much charts you like for all I care. But what an overhelming information to read when 3 or 4 indicators and 3 MA are enough (just my opinion).

I am sure I am not the all end trader, but still I don't care if you are impressed or not. I am just always learning. And everyone has his own market understanding as it can be rather complex and difficult to read. There is so much going on.
Think of this: I have never seen you in person and I do not know you.

Regarding the chart:
The stock price of TNOG traded in the 0.005 to 0.006 range for 13 days and on the 14th day it dropped because of a buying situation wich I saw by looking at the inside day chart. Not selling pressure as can be seen too, like it held, not dropped the next day.

So just simply because by looking at where the situation started and ended I used -AROON (14).
Nothing wrong doing that I think.







Disclaimer: I am not a basher or a hyper! I am here for the purpose of fun and trying to find info. My posts are solely my opinion. I am not a registered broker or a professional analyst. Don't make any buying or sell decisions regarding my writings here