agreed excellent article..thanks for posting....the key thing that sprung to me was when he was talking about constructing trendlines and keeping them simple..if you can;t see it its not there...that applies to all charts not nec trendlines, and on any timeframe, or wether using weinstein or...
if im looking at the right chart i would say it poised to rise...thanks for bringing it up, il explore the spain market tomorrow as looks very interesting to me.
locked in thanks
i must admit i don't set targets as the market has a habbit of overextending in either direction. i prefer to put a trailing stop of some sort underneath the price. at mo on EPOL my stop below the 50sma, and on irl 8.30 below recent support.
re the good bad points...to my mind i...
another buy at the end of the day for me as the sp500 looks as though it is going to continue rising for the time being..as of now as long as the index stays above approx 1384.
bought ctxs @ 8017 with initial stop quite a long way away at 7445. imo the weeklt chart is in a stage 2 and when it...
bought two new positions today. both in usa
hcsg @ 2118 with initial stop @ 1990. hcsg is further up the development stage of its trend ansd imo is well into stage 2.for the last 2 months it has formed a triangle pattern and today has started to breakout.
wx @ 1509 with initial stop @ 1380...
thought it about ttime i get of my backside and start contributing to this thread. what i intend to do from now on is soon after every buy posting a chart of the trade with a description etc, and keep the thread updated on a regular basis on how the portfolio is doing. the reason i am doing...
hoe is jy ralph. haven't seen anyone from sa around here? where in southafrica are you? i call myself a bit of a nomad.. at the moment am in uk, but got a place on the market in phalaborwa on a game lodge.
il be interested in sth african chart packages etc etc