weekend charting 8th jan 2010, page-70

Richard, I have to agree with Totts there, I contribute here partly because I dont mind sharing what I'm doing, partly because I enjoy the good spirited discussions, but primarily because its helping me to learn and become better at charting, and therefore trading. I cant overstate the importance of that last part, because I've made huge improvements in my trading and my bank balance as a result! Of course because I'm still learning I also am still experimenting. This week I've decided to play with EMAs instead of SMAs and after doing some back-testing for myself I'm quite impressed with how good these particular EMAs are.

Also because I'm still learning I still dont always get it right (who does?), but I'm happy to point out when I've got it wrong - like my call on CZA last week - I could see whre it was going but decided to wait for a lower entry point and missed the boat this tim around - bummer, that's life. but no trade is better than a bad trade imo.

Anyway, good luck and I strongly encourage you to try some charts yourself and share, lick Arch has this weekend - you'll see the benefits I have no doubt.

Some more charts from me in answer to some requests:

ORD, which looks ripe to go:


AIO, which needs a little time after a stellar run from 1.45:


And FML (weekly & daily), which is trending up nicely like AIO, but also needs a little time for next swing bottom:



Cheers, Sharks.