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martyMAC

12/07/05 2:45 PM

#53804 RE: CBayless #53800

If you want to learn some things to look for, here it is: (see below)


(for above chart)
#1. AROON- 8 You watch as the Aroon down crosses the 75 down and the aroon up comes up from zero. Most important. (\0/)

#2. WILLIAMS%R- 9 You watch the line cross the 50.

#3. ChiOsc- 2, 5 You watch the ChiOsc crossing the zero line.

#4. ADX/DMI-5 You watch as the D+ line either crosses, or is higer then the D-

#5. MACD histogram- 5,15,10 You watch the negative bars register -50% smaller then the bar before it, or -50% smaller then the largest in the grouping.

#6. Full Stoch- 5,3 You watch the fast line cross the slow line while the aroon down(8) crosses the 87.50. Crossing the 20 would be best, when the williams agrees.

#7. Bollinger Band 20,2 You watch for the Magic Box to occur when the negative close touches above the lower bolly and the next day’s close to it is positive growth in a white candle.




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The_Edge

12/07/05 2:49 PM

#53807 RE: CBayless #53800

lol..yeah I'm sure fixed float stocks with low volatility & stronger historical data are easier to ta. but hey, I think there's some considerable upside on Gxfx so lets just read it the way WE see it.
kt
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jrod

12/07/05 2:56 PM

#53810 RE: CBayless #53800

I just posted my charts that have been here since we were just breaking a penny. These charts pointed out the .025 resistance well before we reached .025. I posted this .025 resistance many times. And yes I took profits at .025 resistance. The charts also showed the support just above a penny. I posted this many times and yes I accumulated in this area. These levels I have had posted on my charts in the Info Box for over a month. I am not claiming that I am always right but in this case I nailed the top (.025) and what I think is bottom(.010 area) and I have posted this opinion many times. BTW, the Golden Cross is still intact. Believe what you want about charts and chartists. But dont think they are majik, They simply represent guidance within the money flow.


"the chartist I think are fine for what they do. It's just that when we are green they are all over calling the Golden Crosses and Candles and Resistance and new support, new highs, new lows etc. but when the stock is tanking it's a different story. For instance when we were up to .024 nobody was telling us that we would be dropping back down to to the levels we did. That is all I am pointin out, my question with that is are the charts really all they are cracked up to be. And if they are wouldn't the chartist be retired already on their island somewhere?
"
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glassy

12/07/05 3:35 PM

#53833 RE: CBayless #53800

OT- yes, in that sense you are right and I am working on the retrace siganls. If shartists were all over it, however, it would be bad news and who wants that?!?lol