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Rhythm88

12/25/11 11:46 PM

#23299 RE: Breakout #23297

Should be turning soon. Trx 3,3 is starting to curl down as well.
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**D*A**

12/26/11 9:50 AM

#23303 RE: Breakout #23297

GM Break, I would think if a person used those 3 criteria, they would be right more than they would be wrong. Market sentiment is another piece of the pie. I think indicators on the daily charts are good tools to use for measuring a stock's strength.

When I pull up a chart, the first and only thing I look at is the price pattern and moving aves. If I like what I see? I'll look at the indicators. If not, I don't spend any more time on it.

If I find one I want to trade? I usually look at the latest pr's, everything happens for a reason. I'll take a bearish or bullish mentality. That means I use the short term charts for entry and depending on whether I'm bearish or bullish, play the dips or spikes. The long term charts show me support and resistance, the 10 min chart gets me in. Its not a perfect system either, I get burned too. By identifying the long term pattern, the trend will normally help me recover, if I'm patient enough to wait?


I think the kiss is telling you the same thing. It's just the circle kiss was to early. Three things are tell you a early story of a soon to be decline. One is the top kiss it has completed, two is it is at the top of the price channel and three is the fact that the adx -di is pinching the fsto. A fall is soon to be seen? I think so we find the middle bolly very soon!