World Surveillance Group Inc (fka WSGI)

[lowtrade]

Boom, squ1dk1d & all
As with all TA, choose the time frame you plan to hold a position. If it's an long term investment play, 6 months. If it's a swing, I wouldn't care what happened more than 1 month ago. But if it's a quick in and out, I'd look at the 10 day - hour to buy, and 5 day - 15 minute on the day I expect to sell , if 10 day shows reversal.

I'm here to try to help others learn about different TA indicators, I have some experience with. I don't claim to be all knowing and don't expect my evaluation of the indicators to be correct all the time, pennyland. I should keep my opinions out of these discussions, but IMO evaluations of TA may not hold true with GTEL as a example of accuracy for TA.

IMO any exchange that can produce daily 20 -30 -50% PPs swings on a regular basis, makes the past less important then the spec traders interest and MMs needs for profits.

It would be better to use IBM or GE to see all indications follow indicators a little better, only "unexpected" news effects those stocks, but this is a GTEL board.

Sorry I use IMO (in my opinion) but that's all it is about trading pennies. IMO

squ1dk1d
I have to agree with 95% of you last post. plus your the second on this board that said "there's always trend there", you just have to see them. I posted about a reverse accending triangle, which didn't exist and William2112 said, if I noticed it, it exists. Your both correct. I'm also learning here.

As for your type of evaluation, I haven't seen it before. Interesting, I'll look at it harder. Thanks. That's what this board is about, new ideas! I did use a longer look 6 month chart, to pick my last revised swing exit point of 38.3, over the next several weeks. But I feel that's gone without some Gtel event now.

I don't use all this on my trding decisions, just here as a learning tool!

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