326 6 2
I hope this system will help those who are confused by present day FUNDAMENTAL NOISE.If you're trading with weekly or daily charts ,always take a look at a monthly chart and trade with the monthly trend. Above the special CLOUD is BULLISH and below is BEARISH .The 10 MA above / below cloud is a confirmation of the trend.The 3 indicators below are used for filtering or confirmation and or to obtain an earlier exit or entry. Trend lines breaks of the BB%R can be used to obtain warnings or earlier signals,it's also used as above / below mid point signal. CCI (50) channeling gives a good indication of trend. At present I would keep an eye on the 2 trend lines below the BB%R and the 10MA. price below the 10Ma and BB%R below the longer purple line would signal a trend shift.Knowing your basic candle stick patterns is also a plus. You may wish to use your own set of indicators but don't change the CLOUD or MA settings.
Could you please comment and ?
charttrader PRO charttrader
This one is interesting as well:
Does this mean that that technical factors are more important than macro? The "FUNDAMENTAL NOISE" is really big reason for me to stay out of the long position now.
nmike MOD charttrader
There is nothing wrong with using FUNDAMENTALS along with technicals.But in my opinion the technicals are far more precise and often ahead of the game. If you ask 10 different analysts about the economy, you're going to get 10 different answers.What you see on a chart is the SUM and final opinion,of all those analysts. Furthermore, MARKETS are more often than not MANIPULATED, and ONLY CHARTS can detect manipulation NOT fundamentals.
In March 2009,if you were only listening to FINANCIAL NEWS you were probably thinking that the world was coming to an end.THE CHARTS TOLD A DIFFERENT STORY. Charts DON'T LIE.PEOPLE DO.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out