Thursday, January 24, 2013 9:48:13 AM
doubleVolatility Bands...
Daily chart only...The Bands themselves are the R1 R2 centerline/Pivot and S1 S2
And you only read your technical indicators when PRICE is at one of the bands...to get a sense of direction and momentum...
You are amazing, the commonality of most indicators stems from the fact that there are so few base components in their formulas I C...
The possibility of remembering them all is beyond me - Thank You for pointing them out to me - A SMALL toolbox of the RIGHT ones is a real plus for us mentally Chall-ang'd Non-Pros, and makes for a cleaner simpler chart - previous day's S/R are there for the whole chart without added clutter LOL
Some day, you need to make a CHEAT SHEET of indicators that are equivalent to each other, or tell the same story in different words, so to speak...
Daily chart only...The Bands themselves are the R1 R2 centerline/Pivot and S1 S2
And you only read your technical indicators when PRICE is at one of the bands...to get a sense of direction and momentum...
You are amazing, the commonality of most indicators stems from the fact that there are so few base components in their formulas I C...
The possibility of remembering them all is beyond me - Thank You for pointing them out to me - A SMALL toolbox of the RIGHT ones is a real plus for us mentally Chall-ang'd Non-Pros, and makes for a cleaner simpler chart - previous day's S/R are there for the whole chart without added clutter LOL
Some day, you need to make a CHEAT SHEET of indicators that are equivalent to each other, or tell the same story in different words, so to speak...
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