Eric Alyea
Master Sergeant
- Messages
- 363
Candle’s, Wick’s, & Price/Time Tick’s.
I’m putting this in the Beginners Bootcamp, but hoping the experienced traders take a look so they can tell us their way of (excuse me for working the glossary here) evaluating / interpreting and basing financial judgements on the Candles / Wicks to get Pivot Points from personal Evaluation to determine Support & Resistance levels.
Everyone talks about Technical’s and Fundamental’s, Please do it HERE!
Screw the newbie’s I want to talk about zooming in and out of different Time Frame view’s and how that can effect the support/resistance levels you coose to work from off a time frame chart???
I’m going to edit this later and put the glossary words left column.
Candles
Fundamental's
Moving Averages
Multiple Moving Averages
Pivot Points
Resistance
Support
Technical's
Time Frame
Wicks
By a consensus it seems that Multiple Moving Averages is a good daily start up then your preferred platform to hit the buttons to trade, after you pick your venue.
You know I’m going to constantly edit this fist thread post and bring things and qoutes up to it, so this is a progressive thread where the first will be a compilation of the ones under it. That means, Check the edit date.
I’m putting this in the Beginners Bootcamp, but hoping the experienced traders take a look so they can tell us their way of (excuse me for working the glossary here) evaluating / interpreting and basing financial judgements on the Candles / Wicks to get Pivot Points from personal Evaluation to determine Support & Resistance levels.
Everyone talks about Technical’s and Fundamental’s, Please do it HERE!
Screw the newbie’s I want to talk about zooming in and out of different Time Frame view’s and how that can effect the support/resistance levels you coose to work from off a time frame chart???
I’m going to edit this later and put the glossary words left column.
Candles
Fundamental's
Moving Averages
Multiple Moving Averages
Pivot Points
Resistance
Support
Technical's
Time Frame
Wicks
By a consensus it seems that Multiple Moving Averages is a good daily start up then your preferred platform to hit the buttons to trade, after you pick your venue.
My first look is usually with Guppy MMAs (multiple moving averages). I save candlesticks for later.
What you look for is the lines squeezing together for a trend change or a pull back. When the lines begin to expand, that's when you jump in. You can buy a copy of Trend Trading by Guppy or do some digging around the web for more details.
You know I’m going to constantly edit this fist thread post and bring things and qoutes up to it, so this is a progressive thread where the first will be a compilation of the ones under it. That means, Check the edit date.
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