$TOCKCHART / FORMATION / Momo & Volume Reads $pmlg

[$pmlg]

*NEW BOARD NAME* Feedback welcome!
Anyone using charts to make money?

Note: One needs a subscription to www.stockcharts.com to read any annoted charts I post. Found out, anyone that posts an annoted charts, can only be read by one having a subscription. If you find yourself at the point, you would like to learn to becoming more comfortable in reading the Resistance and Support numbers with Pivot points I provide, that is what one needs to do. It has taken me many years to learn to read them from others that created algorithms to pick the numbers... I was on a private forum with traders and watched and learnt for several years, and when others asked for chart R and S point reads, I posted back with some of my reads, and my numbers were getting pretty near the pennies given...
Took lots of bumps and bruises( aka MONEY lost) to learn to finetoon and stick to them.
I find having bids, just higher than Support and asks, just lower than Resistance works well...Dont get greedy!
Goal: Scalp the middle...be humble with a good piece of the pie!

http://stockcharts.com/

The stockcharts.com site is excellent for learning!
If you do start a subscription...please PM me or let me know before you do! Thanks.
$PMLG


TECHNICAL ANALYSIS INDICATORS:




Momentum
TRIX - rate-of-change of smoothed moving average momo
StochRSI - overbought and oversold levels in RSI momo
ROC - percent change momo
Stochastic - over bought / over sold momo
RSI - Average Gain / Average Loss momo
WM%R - price close vs. range top /bottom momo
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Trend
Aroon - close high /low trend
DMI - price direction / ADX strength trend
ATR - gap /small move - up down reversal trend
Macd - +/- moving averages - direction & strength trend
PPO - increasing / decreasing price trend
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Volume
PVO - increasing / decreasing volume volume
OBV - close above vs below totals volume
Acc/Dist - ave close totals volume
CMF - A/D strength divided by volume = pressure volume
MFI - RSI volume-weighted volume