XL-entLady's Account Talk

[XL-entLady]

Right, even daily timeframes seem too short. Some charts have 3 day candle, but 1 week charts seem most practical with our 2 IFT restrictions.

You bring up a great point, I use to look at the weekly charts more often. I'm reminded that I need to start doing that again and perhaps look at timing things for the long-term.

Trying to guage the daily charts has been killing me...

I will admit that if I stepped back to a weekly timeframe I would probably spend al lot less time at the computer looking at technical indicators! :laugh:

So I'm curious. What do you look at? Moving averages? Bollinger bands? What? Inquiring minds want to know! :nuts:

TIA,
Lady

 

[Birchtree]

Have you ever looked at: http://www.thechartpatterntrader.com

 

[XL-entLady]

Have you ever looked at: http://www.thechartpatterntrader.com

No, this is a new one for me. I look at videos for several hours a day. My favorites are probably Alphatrends or the Zacks videos. And I also like Ira Epstein (but not his vacation stand-in) and Oscar is always good for a laugh.

And there are also a half dozen blogs that I look at every day. My favorite there is probably MarketSci.

But I've not seen this site before. I'll add it to my Favorites list and watch it for a few days to see what I think. So THANKS!

Lady

 

[Birchtree]

I've enjoyed your Zacks videos in the past - please keep posting their links.

 

[XL-entLady]

I've enjoyed your Zacks videos in the past - please keep posting their links.

Sure. Thanks for the reminder. The best one lately is

http://www.zacks.com/video/

then go to the video choices at the bottom and pick the one from 1/12/2008 entitled, "What is the Market Trend?"

You'll like this one, Birch. Starting about 4 1/2 minutes in.

Lady

 

[FUTURESTRADER]

I will admit that if I stepped back to a weekly timeframe I would probably spend al lot less time at the computer looking at technical indicators! :laugh:

So I'm curious. What do you look at? Moving averages? Bollinger bands? What? Inquiring minds want to know! :nuts:

TIA,
Lady

25 ema through 200 ema on daily charts looks to fit nicely with our 2 IFTs, doesn't require alot of time for analysis, gets you in and out of major trends over the past 10 years.

 

[XL-entLady]

Have you ever looked at: http://www.thechartpatterntrader.com

Birch, great site! In-depth analysis of lots of different technical indicators. Super interesting! And I love his blog too!

Thanks for sharing it with us!
Lady

 

[JTH]

So I'm curious. What do you look at? Moving averages? Bollinger bands? What? Inquiring minds want to know! :nuts:

TIA,
Lady

For the Roth IRA, I'm looking at monthly & weekly pivot points, setting in stops to scalp small profits, than waiting patiently for the price to come down so I can buy back in.

For the TSP I'm just buying high and selling low. :suspicious: Truthfully, I haven't done much TSP homework in the last 2 months, and it's showing...

However, I am trying to get back into it, it's just tedious at times when you have a wife, three kids, exercise, work, and college. Every now and then something has to give. Unfortunately its usually my returns.

 

[Corepuncher]

For the Roth IRA, I'm looking at monthly & weekly pivot points, setting in stops to scalp small profits, than waiting patiently for the price to come down so I can buy back in.

For the TSP I'm just buying high and selling low. :suspicious: Truthfully, I haven't done much TSP homework in the last 2 months, and it's showing...

However, I am trying to get back into it, it's just tedious at times when you have a wife, three kids, exercise, work, and college. Every now and then something has to give. Unfortunately its usually my returns.

If you believe the IOUSA documentary and think taxes are going to have to go WAY up in the future...ROTH is the way to go. Taxes are the lowest they will ever be...better pay them up front than later when they are high.

 

[Show-me]

If you believe the IOUSA documentary and think taxes are going to have to go WAY up in the future...ROTH is the way to go. Taxes are the lowest they will ever be...better pay them up front than later when they are high.

Amen brother! This is been my philosophy for a year, get ready for the big taxes folks.

 

[KevinD]

I'm worried about the inflation that I fear is coming and have been for a while now. :worried: I'm worried that it will come on hard and fast and will impact the individual/family more than the market or banking problems we've been going through.

I think Iceland is going through it right now but I really don't know how to prepare.

 

[Show-me]

Can you say thank you COLA?

 

[XL-entLady]

Can you say thank you COLA?

And a smaller thank you for us FERS folks on a Diet COLA. :cheesy:

Lady

 

[Show-me]

It is interesting how inflation ramped out our pay via COLA and now deflation is reseting the scale for the next run of inflation. What a Country!

 

[Steadygain]

Lady,
I'm going to be tied up for the next few hours...

Anyway..there are a lot of great ideas circulating around the MB..and we're largely kind of shooting the breeze and kind of bouncing off each other...

What this place really needs is 'A woman's touch' - so PLEASE if there's some memory...or something you recently read or heard...or anything you just want to throw out...

we need you.

TIA,
Steady

 

[Birchtree]

I'll stop buy and chat with SugarandSpice and see if she'll come out and play. You know she has a definite feminine aura and I think the perfume is "Babe" which was popular in the late 1980s.

 

[CapeChem]

Question for all of you guys that understand the SMA and EMA's better than I.....I have noticed that the 10,20 and 50 SMA and EMA are all squished (for lack of a better term) together.....does this have any significance?......Even when we hit the low of 740 S&P the EMA's were still well above that...I was just wondering if there is any sgnificance to all these indicators converging......Thanks

 

[XL-entLady]

Question for all of you guys that understand the SMA and EMA's better than I.....I have noticed that the 10,20 and 50 SMA and EMA are all squished (for lack of a better term) together.....does this have any significance?......Even when we hit the low of 740 S&P the EMA's were still well above that...I was just wondering if there is any sgnificance to all these indicators converging......Thanks

I think a convergence means that we are near a strong level of support. That would be my guess anyway. Any other thoughts?

Lady

 

[Frixxxx]

I think a convergence means that we are near a strong level of support. That would be my guess anyway. Any other thoughts?

Lady

I'm anti-support on the charts. Convergence happens when there is inability to determine direction. I believe that the markets are not ready to recover. I'm fearful that this convergence is sign of things yet to come undone.:worried:

 

[XL-entLady]

Speaking of EMA's, I've been playing with yet another technical indicator the last few days. Birch, thanks for pointing me to http://www.thechartpatterntrader.com! In his weekend analysis he was talking about the TRIX. And this TRIX is not for rabbits OR kids! :cheesy:

The TRIX is a Triple Exponential Moving Average. Buy and sell indicators are generated by the TRIX in relation to a signal line.

The TRIX crossing the signal line to the upside is called a "golden cross" and it's called a "dead cross" if it crosses the signal line to the downside. These are the buy and sell signals. Some people actually like to use a direction change as their signal instead of waiting for a cross.

You can fine-tune the signals for your timeframe. The default is a setting of 15 for the TRIX and 9 for the signal line. But you can also use 10 and 6 or 5 and 3, depending on the timeframe you are looking at.

And what the TRIX is telling me is that I should have sold my F Fund the last week in December and my CSI the first week in January, and I should be 100% G right now. Wish I'd found the TRIX two weeks and a few thousand dollars ago!

Oh well, I learn best the lessons I have to pay for! :laugh:

Lady