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SOX, GOOG, and QQQ...


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#1 Bob-C

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Posted 26 June 2012 - 12:06 PM

Hi everyone, here is the SOX daily RENKO chart:

http://stockcharts.com/c-sc/sc?s=$SOX&p=D&yr=0&mn=11&dy=0&i=p36233246953&r=1340729945956.png

Here is the QQQ daily RENKO chart:

http://stockcharts.c...40729945956.png

Here is the GOOG daily RENKO chart:

http://stockcharts.c...40729945956.png

Cheers, :)

Bob-C
Disclaimer: None of my posts are meant to be taken as investment advice or trading advice. Do your own due diligence and consult your financial advisor before making any trades or investments.

#2 Bob-C

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Posted 27 June 2012 - 12:30 AM

Hi everyone, here is the INDU RENKO chart:

http://stockcharts.com/c-sc/sc?s=$INDU&p=D&yr=0&mn=11&dy=0&i=p36233246953&r=1340729945956.png

Cheers, :)

Bob-C
Disclaimer: None of my posts are meant to be taken as investment advice or trading advice. Do your own due diligence and consult your financial advisor before making any trades or investments.

#3 diogenes227

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Posted 27 June 2012 - 12:41 AM

The SAR (lag, lag, lag) appears to be superfluous with this charting style. :)

"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”

 

"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."


#4 Bob-C

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Posted 27 June 2012 - 02:49 PM

The SAR (lag, lag, lag) appears to be superfluous with this charting style. :)



Hi diogenes227, good to hear from you. :)

Good luck on all of your trades.

Today's rise is a trap and the guillotine blade is being raised today by the PTB to drop on the bagholders and the lemmings on Thursday and/or Friday. Caveat Emptor!

Have a great day.

Bob-C
Disclaimer: None of my posts are meant to be taken as investment advice or trading advice. Do your own due diligence and consult your financial advisor before making any trades or investments.