The Volume Studies I spoke of can be found here: http://finance.yahoo.com/q/hp?s=YHOO And you can use them for almost every stock that is traded on the big boards...They don't work as good for Penny and Bulliten Board Stocks...This is not something you will learn overnight...I suggust you start looking at this everyday...they update 30 minutes after the close...In the mentoring course I offer, this is an ongoing project that only devolops as time moves on...It is too complicated to give a brief explanation...
Bollinger Bands are actually very simple...When they are far apart, the volatility will be less...When they tighten up and squeeze together, a big move is about to happen, and you must watch closely to see which way the pps moves...Then you can enter a trade with some degree of confindence...They are more advanced features of B.Bands, like if the pps goes above or below the upper or lower bands, it will usually correct to go back to inside of them...The center trendline is also important for support and resistance levels...
I use linear charts with simple moving averages for short term charts, and logarithmic charts with exponential moving averages for daily and weekly charts...I find these setups work best...
If you are interested, I offer a Daytrader Mentoring Course for what I think is a good price per hour to learn ALL of my secrets...What I have given you above is just a small taste of the things you will learn there...This system is actually very simple, and works well not only for daytrading, but also for longer term trades...
Here is a link to my website: www.angelfire.com/biz7/daytrading_mentor
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