Recent content by eddyjo

With all due respect 'Trader333', there is one very important index, one that is not 'subjective' or a lagging indicator or dependent on any NFP consumer spending house prices etc etc. That index is the 'Baltic Dry Index', which tracks INTERNATIONAL DRY BULK shipping WORLDWIDE. This index...

Hi, Options, nice chart , you are spot on about D/TOPS/BTTOMS they constitute an important part of T/A, IMO, it wise to learn the basic patterns, I think there are 7, they also occur on the RSI frequently.

there are other refinements to be aware of like basic T/A , (1) when the 3MA DIVERGES from the 13MA too much,.. this is arbritary and comes with experience, be prepared for a PULLBACK but dont worry as long as the 13MA is not breached. (2) All this works better if the 39ma is trending in...

Hi, going a little further with Options chart, if you now join up the tops on the RSI you will have a trend line, if the STOCH is anywhere in OVERSOLD position go long when the trend line on the RSI isbroken to the upside and the price is showing a green candle and the candle is trading above...

to be more explicit i use e.o.d, 3mth daily, 3,13, 39. MAs, stoch, 14,3,5. r.s.i. 14. pivot points...... how i use the R.S.I ? by drawing 'trend lines' on tops/bottoms. and watching for breaks of the trend to confirm the price action,stochs i use as overbought/o'sold. 'I'm sorry if this is...

interesting strategy, similar to one i am using, but in place of MACD i use 'div' on RSI. i also have p/points on the chart. regards eddyjo.

Hi Helen, I dont think you will remember me, not a prolific poster you see, but i certainly remember you. used to look for your posts when i first joined T2W and still have your interview with 'clickevents'. keep posting, eddy.

Hi Everybody, After reading the above posts I think it makes sense to trade the broader market rather than individual stocks, but after saying that I also think that the method Des trades can just as easily be applied to indicies, Eddie.

Hi Splitlink, Were the 'Tankers' "In Flight Refuellers" by any chance? Quote: I've been to Saigon and Haiphong. Were you born then? The French were there. Tankers, 1953-1961. Mooochas problemas! Now I'm in Spain.

Hi Des, I think you are saying ' one on one' right? Eddie

Hi Des, What is te significance of ' trading 101', have I missed something?,

According to economists while the American economy remains bouyant the oil price will keep rising. A real catch 22 situation.

As long as the oil price keeps making new highs... But I did see resistance at 720, After hours it looks like we are going long tomorrow.

Fx. Quote, Hmm well at the giddy height of the "Roman" empire just happend to coincide with the "Roman" catholics wanting to dominate religion Not sure this is historically correct.

Well said, Why has it taken so long for you to so accurately pen what a lot of us have been trying tosay for a long time ? :cool: