9 replies to this topic

[mss]

[attachment=5846:attachment]

[Rogerdodger]

Man! What a disappointment.


You maybe should lay off the twinkies.

Edited by Rogerdodger, 07 August 2007 - 09:18 AM.

[mss]

Party time

[Venatici]

[attachment=5846:attachment]

Hi,

I am lost with that graph. What does it mean?
Thank you for your time.

Good trading,

[Mtrader]

Another 300 points would be great

[calmcookie]

No crotch shot ... just a wee butt bat.

Man! What a disappointment.


You maybe should lay off the twinkies.

Love it!

[mss]

[attachment=5846:attachment]

Hi,

I am lost with that graph. What does it mean?
Thank you for your time.

Good trading,

It was a small section of a bigger chart. The chart is one type of what is referred to as "off-set" averages.
The WHITE line is a forward positioned EMA of price and when the candle formed this morning in the upper "V" angle it hinted that the market would move to the positive side today or tomorrow. That hinged on the tail NOT breaking below the "V", which it did not. Used in conjunction with other indicators you can get a high success ratio of market direction.
Below is the full chart and the YELLOW lines are from support/resistance from the past.



Questions are always welcome, best to you,
mss

[Venatici]

It was a small section of a bigger chart. The chart is one type of what is referred to as "off-set" averages.
The WHITE line is a forward positioned EMA of price and when the candle formed this morning in the upper "V" angle it hinted that the market would move to the positive side today or tomorrow. That hinged on the tail NOT breaking below the "V", which it did not. Used in conjunction with other indicators you can get a high success ratio of market direction.
Below is the full chart and the YELLOW lines are from support/resistance from the past.



Questions are always welcome, best to you,
mss

Hi,

Before anything else, thank you for taking the time to explain it to me. And if I may be so bold has to ask another thing. I tried to replicate the above chart and concluded that you use a period of 3 days and moved the exponential ma 2 days to the right, right? Having arrived there, why such a arrangement? Is it a typical set? Like using ma of 14 or a RSI 14? Or did you tuned it yourself? Last I noticed that you also use EMA shifted -2 and a regular one, what are they for? Just for template basis?
Again thank you for you time.

[mss]

There is no magic in the setting numbers. Just that those are the ones I like. I also have others, some EMA and mixed with MA. Look close at the chart-June 31 the BLUE had crossed the RED but not the WHITE, therefore not a sign of "buy". The RED also had not crossed the WHITE meaning sideways or down to come. Follow the lines daily to today close and all have moved up, BLUE thru RED & WHITE, RED thru WHITE, and last price is above WHITE. This is NOT sure, slam dunk thing, but a very good indication that tomorrow will be very positive. Make a chart up and watch it for a week, making notes each day position of lines and corresponding price action the next day. Good luck. mss

[Venatici]

There is no magic in the setting numbers. Just that those are the ones I like. I also have others, some EMA and mixed with MA.
Look close at the chart-June 31 the BLUE had crossed the RED but not the WHITE, therefore not a sign of "buy". The RED also had not crossed the WHITE meaning sideways or down to come. Follow the lines daily to today close and all have moved up, BLUE thru RED & WHITE, RED thru WHITE, and last price is above WHITE. This is NOT sure, slam dunk thing, but a very good indication that tomorrow will be very positive.
Make a chart up and watch it for a week, making notes each day position of lines and corresponding price action the next day.
Good luck.
mss

Very informative, will test it. Many thanks.