Some requests. I am trying a new discipline in the way I look at charts. Trying to start with big picture on weekly chart and as a min look at fib retracements. So many shares show the big GFC D/T in 07/8 and then the 09 recovery up until about april 2010 and then all over shop since then; so just like to check how far retraces penetrate into previous swings. IMO when move achieves < 50% fib then it is a weak correction and previous trend may be predominant.) I am then using the daily chart to highlight trends and price moves with forks, trend lines, channels, speed angles or whatever I "see" from looking at chart!
I also throw the ruler tool and Fibonacci Time Zones (set to shows repeating time patterns) on either week or daily chart looking for price time patterns and generally have the HC standard 5, 13, 41, 195 EMAs on.
I also have a stochastic, vol, momentum and ATR indicators at bottom of chart as standard & highlight them when I see something of interest.
As always welcome comments on my charts or anything else I write really!
(Was going to do more but these things take time! "One hour on HC posts and I will play with fam!" Ho! Hum!)
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TAP 2 weekly and a daily; notes on charts:
ARM weekly and dailys
