Define what we looking in chart
RSI
MACD (6,11,5) (12,26,9 is standard in use)
MA 20,50, 200 (Pristine uses 20 & 40, some use 15 & 30, some use 9 & 27 etc)
Williams% 28
CCI 5 by
Chart Patterns: DD, HS – shot
DB, RHS, - long
Resistance, Support, Triangles, Divergence, Channels- vertical – up or down, side ways
Gaps, mean chart is broken (up or down)
Stage 1,2,3, 4
Fib – waves, a, b, c, d etc are retrace-ments and advances etc
Chart Time frame
Weekly chart – major trend, stage – good for weekly, daily trades
Daily chart – leading indicator to weekly trend – good for swing trade (MA 20-40 style)
Intraday charts : 1 minute chart, leading indicator to 5 minute charts.
5, 10, 15 minutes chart, define trend and channels
1/28 FAF 39.77 buy and stop low 37.30 or 35.91, high sale 44.67, 46.56, check daily
Monday, January 28, 2008
4:35 PM
ChartNotes
Screen clipping taken: 1/28/2008, 4:35 PM
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