Thanks for the input Chris have been following a few of these myself...specifically MAD ...but decided it had run a bit too far. Watching GGP also ...
TA skills come with time ...suggest you read up some and decide what works for you as there is a vast array of Tech indicators out there but all have there strengths and weaknesses. as a Starter concerntrate on these before you try to take on more complex ones:-
- Trendline drawing
- Support and resistance ares
- Moving Averages (Exponential and Simple)
- Basic Patterns such as Triangles, Double tops /bottoms ETC
- Candle stick charting.
After you have your head around this stuff then start to move to Occilators, Momentum, Stochastics, Relative Strength, MACD, Regression, Vol Spread Anaylsis.
If you have all the above understood ...it should hold you in good stead. There is a universe of indicators but look through HC and see what others are using so as to not waste time with dud indicators.
All Is IMHO
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Thanks for the input Chris have been following a few of these...
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