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Discussion in 'Shares' started by Tropo, 15th Jan, 2008.

  1. Tropo

    Tropo Well-Known Member

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    Tate on Trading - A New Year's Resolution.
     

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  2. DaveJ

    DaveJ Well-Known Member

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    And some believe Technical analysis is a load of '.....'. Almost all the information you need is in the chart price...

    :rolleyes:
     
  3. Tropo

    Tropo Well-Known Member

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    DaveJ,

    People don’t want to learn how to trade.
    They want to be told what to do...:rolleyes:
     
  4. crc_error

    crc_error The Rule of 72

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    a trader would have seen the clear double top on that chart and exited and even shorted his position... charting in this case would have yeilded you a nice profit..

    when you get a double top, there is a 70% chance the stock will fall!
     
  5. Tropo

    Tropo Well-Known Member

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    Do you know what happens if double top breaks up ?
     
  6. The Stig

    The Stig Well-Known Member

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    It goes up (breakout) or down (false breakout), very rarely sideways :D
     
  7. Tropo

    Tropo Well-Known Member

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    Correct!:p
     
  8. crc_error

    crc_error The Rule of 72

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    you wouldn't trade it unless it forms a M and breaks the middle leg.
     
  9. Tropo

    Tropo Well-Known Member

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    Do not forget about 'forms' (shapes) such as: 'U','W','V'...
    Some do not need to wait untill 'M' breaks the middle leg (as you said).
    It's all about signal given by the system at the right time. ;)
     
  10. crc_error

    crc_error The Rule of 72

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    W would be double bottom?
     
  11. Tropo

    Tropo Well-Known Member

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    Or...triple top :D
     
  12. islandgirl

    islandgirl Well-Known Member

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    Oh I got a double M and better trade asap and then POQ so I keep my SANF. I am getting a headache!!!