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acestocksplayer

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CHART THEORY- Chart Pattern Examples [icon_pulldown] : Examples of Chart Patterns

 
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AceStockPlayer said: 
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September 30, 2012 5:37 PM
Traders and technicians are invited to show or discuss examples of chart patterns. Discussions can also focus on graphs such as MACD, RSI, Stochastics and other measures. Go ahead! Show us your creativity....and help ALL of us to better understand many of the chart patterns out there.

This site and its message board reflects opinions of individuals only, and should not be understood to offer advice on investing or trading. Investing in stocks, bonds, options, futures or other uninsured investments can lead to substantial financial losses. Always consult a Registered Investment Advisor/Broker. Visit my blog at http://www.Blog.AceStockTrader.com .

 
AceStockPlayer said: 
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September 30, 2012 5:45 PM
Example of a Cup with High Handle Base Pattern

Cup-n-Handle bases are among the most popular chart patterns because so many of them tend to lead to break-outs in a stock or index's price. However, there is more than one variety of them. A high handle attached to a cup can lead to breakouts as many cup-n-handles do, but a high handle breakout is more prone to failure. (This doesn't mean the breakout will fail--the point is that the breakouts fail more often from this pattern, but not in every case.)

Here is a Weekly Chart of AAPL showing its breakout in September 2012 from such a pattern. Let's watch in the coming weeks to see if this breakout can sustain itself?

AAPL Weekly Chart showing Cup with High Handle Breakout

This site and its message board reflects opinions of individuals only, and should not be understood to offer advice on investing or trading. Investing in stocks, bonds, options, futures or other uninsured investments can lead to substantial financial losses. Always consult a Registered Investment Advisor/Broker. Visit my blog at http://www.Blog.AceStockTrader.com .

 
slamminsam said: 
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September 30, 2012 7:57 PM
Ace - I like your chart on AAPL. In the early part of the week I have the market going down.....due to heavy pressure being exerted on the markets. As soon as this internal pressure is abated the mkt will resume its upward trend......so look for the mkt to go down.....the early part of the week and then later on in the week - it "should" turn around quickly and head upwards. Good trading! The Slammer
 
CMAC38 said: 
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September 30, 2012 10:08 PM
Ace, back in the CS days you put up a mo-celerator chart and analyzed it step by step with commentary on usage and weight of importance of each indicator. If you have this handy I would like to get it back in my file. It was lost in my CS file before I could retrieve it. Thanks
This forum is a great addition.
 
WallStreetKid said: 
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September 30, 2012 11:08 PM
Hi Guys

Just for the record, large treasury auctions will be announced Thursday, but real auction will be the following week. So SlamingSam's view of rising by the end of this week could be true. Be careful

[11jxfo8]

wsKid
 
WallStreetKid said: 
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September 30, 2012 11:21 PM
Ace

Thanks for your weekly chart on AAPL. The daily chart is negative but looks close to getting oversold. We might get a bounce from here, but resume the down trend until few days from earnings report day which is on October 15. Would be interesting to see what happens this week. Do you agree?

wsKid
 
WallStreetKid said: 
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September 30, 2012 11:28 PM
Ace

What do you think of AMZN?

wsKid
 
littleshark said: 
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October 2, 2012 9:59 PM
aapl had a consolidation drop off that black top candle sept 21 which was a Friday ... but long tail down indecision candle today tested 50ma as support ... so all is not lost yet but is at a cross roads and could go either way, especcially with c-line now flattened out ... if aapl is gonna bounce, a bounce often comes off the 50ma and just before macd gets all the way to zero which is the postition it is in now ... so neutral bias chart ... have to wait and see which way it decides to break out ...

just noticed aapl also holding on that horizontal support line from august to early sept.
 
littleshark said: 
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October 2, 2012 10:05 PM
wsk ... amzn if I may but in ??? ... same basic chart as aapl but two huge differences ... aapl had a higher buy volume bar today which has to be viewed as positive ... while amzn has continuing red sell volume bars ... also adx on aapl is much better setup than the adx on amzn ... check charts to see the difference ... Ace would be much more knowledgeable than me in assessing the importance of the different adx positions if he has time to do so ...

PS ... I'm usually looking at my "IT" chart to see what I'm seeing in the chart ... just described how to set it up again on penny board for those interested ... 

funny how two beer mugs of red wine makes me keep hitting the key next to the key I want to hit, causeing me to have to keep making corrections ... not seeing double yet though ...
 
littleshark said: 
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October 2, 2012 10:10 PM
also ... a point on aapl cup and high handle ... (and thanks ace, as I've never heard of a high handle before ... the student keeps learning from the master) ... chartschool on cup and handles says they are much more reliable in the beginning of a stocks up trend then they are later on in an extended run, which may be why the cup has mutated with a high handle ...
 
littleshark said: 
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October 2, 2012 10:14 PM
wsk ... thanks for the auctions info ... in a PM recently, I told Ace that wsk has come a long way in a short time compared to when you first arrived here ... great job kid ... when you first came to Ace's site I remember telling you to keep asking questions and that before long you will be able to talk stocks inteligently with Ace ... as you do now !!! ...
 
littleshark said: 
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October 2, 2012 10:27 PM
bare with me as I am just starting to try tostudy top and bottom and continuation patterns on starts, I mean stocks(red wine syndrome) ... I'm a total novice at this ... but I read allthe patterns in chartschool at stockcharts.com and made myself a 1 page cheat sheet with the names of the patterns and the types and a crude sketch of the pattern on each ... this is one of the reasons Ace set up this pattern board ... thanks Ace ...

so on aapl I see two possible patterns on my "IT" chart :

1: a possible bearish head and shoulders top reversal pattern forming ... with the left shoulder being early Sept. ... then the head ... and now right shoulder would have to form as a bounce off the 50ma if this is the pattern forming ... if is, it would be bearish long term ...

2: other possibility is a continuation pattern called descending triangle which is also a bearish pattern ... draw bootom of triangle as a straight line allong august early sept lows and extend it to today and draw the top line down from sept 21 blk candle forming the descending triangle ... all this on my daily 6 month "IT" chart I'm looking at ...

so I ask experienced pattern techniticians what they see, so I can learn where i might be right or wrong, and what other topping or continuation pattern do they see ??? ... boy if I difn't make cortections, you guys woild have troubvle reading this ... heehee ...
 
littleshark said: 
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October 3, 2012 7:50 PM
concerning senerio 1: in post above ... aapl up day today as speculated there ... we'll see if it continues ...
 
littleshark said: 
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October 3, 2012 8:21 PM (edited on: October 4, 2012 )
Ace ... after looking again at your aapl chart I looked at my 6 month daily chart on $indu and $spx ... letting my imagineation run wild, I see two senerios:

1: a cup from May1 to August 20 and then a handle and then a breakout up from the handle, and with 50ma above 200ma, if these were stocks I would be trying to draw in your next box base ???

2: draw a line from June 1low to late July low (where price bounced up off 50ma support) and continue it on up ... now draw a second line(bump and run style lines) from first line late July low to Sept 1 lows and extend it and you find price is now climbing right up allong that line after testing it as support ... also very interesting to me is that on Sams board, Sams last two p&F charts on $spx hehas drawen in that exact same two lines ... cool ...
 
littleshark said: 
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October 4, 2012 12:48 PM
chart patterns from FREE chartschool at stockcharts.com ...

one of the continuation patterns is the rectangle which is when a trending stock turns and travels sideways between two narrow lines ...

a current example is GEN(NYSE) $2.70 ... in slow rise today and looks like it may be breaking out NOW from that rectangle seen on a 6 month daily chart ... this pattern has a neutral bias so one has to wait to see if it breaks out up or down ...

also check GEN on a 3 year WEEKLY chart and see that has a rectangle pattern there also for 8 weeks sitting on $2.50 support and may be ready to break out of that also upwards ??? we'll see ... on weekly chart next minor resistance at $3.10 and major resistance at $4.00 ...

other opinions welcome ...
 
littleshark said: 
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October 5, 2012 9:02 PM
oct 2 four posts up by [littleshark:] "bare with me as I am just starting to try tostudy top and bottom and continuation patterns on starts, I mean stocks(red wine syndrome) ... I'm a total novice at this ... but I read allthe patterns in chartschool at stockcharts.com and made myself a 1 page cheat sheet with the names of the patterns and the types and a crude sketch of the pattern on each ... this is one of the reasons Ace set up this pattern board ... thanks Ace ...

so on aapl I see two possible patterns on my "IT" chart :

1: a possible bearish head and shoulders top reversal pattern forming ... with the left shoulder being early Sept. ... then the head ... and now right shoulder would have to form as a bounce off the 50ma if this is the pattern forming ... if is, it would be bearish long term ...

2: other possibility is a continuation pattern called descending triangle which is also a bearish pattern ... draw bootom of triangle as a straight line allong august early sept lows and extend it to today and draw the top line down from sept 21 blk candle forming the descending triangle ... all this on my daily 6 month "IT" chart I'm looking at ...

so I ask experienced pattern techniticians what they see, so I can learn where i might be right or wrong, and what other topping or continuation pattern do they see ??? ... boy if I difn't make cortections, you guys woild have troubvle reading this ... heehee ..."


Oct. 5-2012 Update: beginning to look like the market has decided that senario 2 pattern is the correct one ??? as price has dropped down out of the decending bearish triangle and below 50ma ='s a double negative chart signal ... and so far aapl has failed to form that right shoulder as needed for senerio 1 to be in effect ...
 
littleshark said: 
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October 5, 2012 9:10 PM
oct 4 from two posts above by [littleshark:] "chart patterns from FREE chartschool at stockcharts.com ...

one of the continuation patterns is the rectangle which is when a trending stock turns and travels sideways between two narrow lines ...

a current example is GEN(NYSE) $2.70 ... in slow rise today and looks like it may be breaking out NOW from that rectangle seen on a 6 month daily chart ... this pattern has a neutral bias so one has to wait to see if it breaks out up or down ...

also check GEN on a 3 year WEEKLY chart and see that has a rectangle pattern there also for 8 weeks sitting on $2.50 support and may be ready to break out of that also upwards ??? we'll see ... on weekly chart next minor resistance at $3.10 and major resistance at $4.00 ...

other opinions welcome ..."


Oct 5 UPDATE: well seems to have broken to upside on daily chart but with small black indecision candle so leaves a lot of questions as to if it really has broken out up ??? but when go to weekly chart the breakout up out of the rectangle is more defined ... so up it seems is the new trend direction ... we'll see ...
 
littleshark said: 
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October 5, 2012 9:51 PM
I am going to detail two chart patterns that I noticed today ... one on kkd is already completed and had breakout but worth looking at for the learning ... the other one on svnt is formed but waiting to see if breakout comes as pattern predicts ...

both on 6 month daily candlestick chart with bollinger bands,50ma,200ma,macd,rsi 14,adx all standard version ...

kkd ... a stock in uptrend continuation pattern - "symmetrical triangle" which has bullish bias ... draw lines down across tops and up along bottoms to form the sym triangle from 8-29 to 9-10 ... and as the pattern bullish bias suggested, kkd did then breakout upwards ...

svnt ... a stock in uptrend continuation pattern - "descending triangle" which has a bearish bias ... from 9-24 high draw a line down along the tops of the candles and from 9-24 draw a horizontal line straight across from sept 30 low to bottom of tail on todays candle to form the decending triangle ... now we wait to see if the price breaks out to the downside as pattern suggests ... 

... also, aside from the pattern, the bb's are too wide, the run up was so long and steep as to not be sustainable without consolidation, since 9-24 top we have gotten two "IT" system topping sell signals and then got topping "IT" confirmation signal when macd blk line crossed down through red line weds., also adx is way to high at 51.34 and macd was too high 9-24 when chart topped with macd at .4 then ... so these all seem to agree with the patterns bearish bias ... chart positives are the pending upcross of 50ma through 200ma, price is still in upper half of bb's as has done through whole swing trade and may bounce back up off the c-line where it is sitting at right now, and price would have to drop all the way down and through the 50ma to generate the first "IT" sell signal and then bb c-line would have to cross down through 50ma to generate an "IT" system "sell and don't look back" signal ... we'll see what the market decides ...

agree, disagree, or tell me what other pattern you may see in these charts ?
 
littleshark said: 
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October 5, 2012 11:25 PM
ACE ... refering to your aap chart above ... you labeled it as a weekly chart but chart itself says daily in upper left corner and appears to be a daily chart ...


ACE ... a question on your aapl chart ... I know absolutely nothing about base theory except the little I have seen you post ... so asking could that box around the high handle now be made bigger to include all the chart to the right of it and call it another base ? if so then it looks like price is about to fall down out of the lower corner ???
 
AceStockPlayer said: 
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October 6, 2012 12:46 AM
Littleshark, you're right, AAPL chart is a Daily one...

I must have been tired when I posted that one. It's a new chart design too, and that might have thrown me a little. 

As for your question about the high handle, the answer is YES. Chart patterns can change as time evolves. So, what was a high handle can develop into what is known as a "base-on-base" pattern. The Base-on-Base will form after about 4 to 5 weeks if the price remains between the recent high and the breakout pivot line, which is the bottom of the high handle. If the price falls on through the previous pivot line, then it would not be a base-on-base, but rather a failed breakout.

 


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acestocksplayer

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CHART THEORY- Chart Pattern Examples [icon_pulldown] : Examples of Chart Patterns

 
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littleshark said: 
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Joined: Aug 22, 2010
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October 6, 2012 10:12 AM
thanks Ace ... wrote that base-on-base info in my stock lessons notebook ... thanks for the teaching teacher ...

if I may pick at your aapl chart above, in respect to me trying to learn to find/see TA patterns in charts & not as disagreeing with your analysis, ... I "see" 

1. A slightly smaller cup within your cup starting on left, right after that gap up, and right side is even with left side and then has a handle ... also I guess I would not have "seen" that there was a cup there at all because it looks so jagged instead of nicely rounded ... so thanks for showing me how to visulize cups ...

2. I was just reading about an inverted head and shoulder bottom pattern last night at thepatternsite.com and now when I just looked at your chart there it is in the bottom of the cup !!! after which the neckline held as resistance through out June and price broke up through it at the beginning of July ... 

3. I now see a head and shoulder top in your aapl chart already formed ... left shoulder is in the right side of your high handle box - then the head - and then the right shoulder is almost identical in hieght,width and candle pattern as the left shoulder ... of course I could be letting my imagineation run away with me, like different people see different things in ink blot test ??? ... but if correct, bias would be down from a head & shoulders reversal top pattern ... note bias is "the favored odds" but price sometimes does do the opposite, just like when the weather man says there is 90% chance of rain but then it doesn't rain ... TA charting is all about the odds of something happening, no guarantees ... unless you get as good as ACE or SAM, them suckers seem to correctly call plays exactly & with conviction ... sometimes - heehee ...
 
J.W. said: 
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October 6, 2012 2:24 PM
One of the most reliable indicators for either the short term or long term charts is RSI. Notice on the crAAPL 1 year daily chart how it generated a new price high as RSI failed to push up thru 80 back in April. Do you see how the same thing happened again at the recent high? The RSI readings weren't the "only" telltale sign of crAAPL's "pending" selloff. But when price generates new highs as RSI fails to trade thru 80 when it just did at lower readings...watch out! *-) Pay careful attention to Ace's chart on the Greek markets. The current high is being made on "lower" RSI readings. That's not the "only" signal on the chart. The DMI readings are actually signaling a move back into the 40's. With SVNT, LS, just put it up on a 1 year daily chart with price plotted against a 50 day simple moving ave. When price gets 50%+ above the MA it is getting frothy. At 100%+ above it is a ballz to the wallz short. Keep that little tip teh next time you see a play more than double in a matter of weeks. *-) J.W.
 
littleshark said: 
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October 6, 2012 3:10 PM
ACE ... your reply to me previos page today ended with "failed breakout" ... was just reading about them last night also ... he calls them "failure swings" and says that if the failure drops less then 10%, then sometimes price rebounds and makes a big run up from there ... so IF we get the failure breakdown, I will be watching to see if it stops and stalls less than 10% below breakdown pivot line ... just for broadening my education ...
 
PLAY_HRD said: 
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October 8, 2012 8:49 AM
[littleshark:] 
1: a possible bearish head and shoulders top reversal pattern forming ... with the left shoulder being early Sept. ... then the head ... and now right shoulder would have to form as a bounce off the 50ma if this is the pattern forming ... if is, it would be bearish long term ...

2: other possibility is a continuation pattern called descending triangle which is also a bearish pattern ... draw bootom of triangle as a straight line allong august early sept lows and extend it to today and draw the top line down from sept 21 blk candle forming the descending triangle ... all this on my daily 6 month "IT" chart I'm looking at ...

so I ask experienced pattern techniticians what they see, so I can learn where i might be right or wrong, and what other topping or continuation pattern do they see ??? ... boy if I difn't make cortections, you guys woild have troubvle reading this ... heehee ..."


I'm think both are true, but I've been personally looking at the 2nd theory on AAPL's chart...
 
littleshark said: 
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October 8, 2012 9:55 AM
play_hrd ... thanks for the response and your views ... I was beginning to think I was occuping an empty room here ...

daily on aapl negative ... BUT ... weekly is still in 3 year swing trade mode ... so until that changes, aapl drops may be only temporary dips - say to 620 support this time ??? ... I'm without my stockcharts as page won't finish loading so going off memory of aapl's chart ... we'll see how that theory plays out over next week or two ...

sent you a PM
 
littleshark said: 
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October 12, 2012 1:12 PM
play_hrd ... in reference to our talk at nasdaq just now ...

aapl fell down out of that "head and shoulders reversal topping pattern" on Friday oct 5 ... bottom of the shoulders was 660 which was also august lows support line ...

"swing failure" from that pattern remains a remote possibility until aapl falls below 594 -10% from where it broke down out of thet pattern ... odds are against it happening, but if does happen the average run back up, according to the patternsite.com, is 74% ... that would make you smile about your aapl purchase today !!! 

the reason I am watching for that out of the cornr of my eye is because we are entering Christma shopping season and Santa always seems to have his end of year rally ...

today Michigan consumer sentiment report was up at 80+ something v/s 78 expected as I recall ... black Friday, right after Thanksgiving, "THEY" may be shouting about how the consumer is back to run the market up into year end ... we'll see ... fed beige book report a couple days ago had economy slightly improving in all but one region too ...
 
PLAY_HRD said: 
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October 12, 2012 1:32 PM
Nice! I need to take one of those charting classes so I can keep up with you... [smile]
 
PLAY_HRD said: 
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October 26, 2012 6:02 PM
Exelis Inc. (XLS) - If one of you charting gurus could look at this one for me. Is it accurate to think it's forming a rising bullish wedge going back to 3 Aug 12?
 
littleshark said: 
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December 6, 2012 9:53 PM
"IT" System Outline ... 

disclaimer ... system not authenticated by the test of time as originated by me - littleshark - June 13,2012 ... in 30 years of trading, I haven't seen this discussed before and have not seen it in any chartschool I've read, so assume it is a new view of the charts - at least it is new to me ... and a work in progress ... use at your own peril ... adapt and improve on it if you can ...

ACKNOWLEDGEMENT: without all the stuff ACE has taught me about TA, I would never have seen "IT" or been able to apply standard TA principles in this manner ... THANK YOU ACE !!!!!!!!!!!!!!!

"IT" OUTLINE:

THE ONE AND ONLY USE PURPOSE OF "IT":

To capture the majority of the FIRST long SWING TRADE off of a LONG, STEADY Falling Knife low ...(system definition of the swing trade ... first cross up of bollinger bands (20,2) through 50ma on a daily chart and ending when the c-line crosses back down through the 50ma. (NOTE: NOT trying to get in at the exact low of the falling knife, trying to get in once the upturn is confirmed ... getting in earlier runs a huge risk of having bought a continuing to fall falling knife - want to avoid that risk ... there is a different system for playing the first pop off historical lows but "IT" is not for that purpose !!!)

CHART SET UP[frown]I am using free charts at stockcharts.com)(charts PURPOSELY zoned out to remove clutter and show the overall trends clearly)

1. Weeky Chart: 3 year,HLC bars,10ema,40ma, bollinger bands (4,2),rsi (9),macd ( 9,18,7),directional movement w/adx (9)... rules get used on the DAILY chart, but WEEKLY chart tells you what type chart you are dealing with - falling knife - new IPO - channelling stock - momentum stock - broken stock - and also shows you historical high and low resistance/support lines and current overall trend and how long trend has been going on and will spot trend changes for you also ... BUT apply the rules using the DAILY chart !!!!!!!!!

2. Daily Chart: 6 month, HLC bars, 50ma, 200ma, bollinger bands (20,2),rsi (14),macd (12,26,9),adx (14)...(skip down to bottom of outline "LAST STEP" and write down those stocks and watch them on 1 year daily chart as you read this outline to see the rules as played out in those charts, as you read these rules ... enjoy ... )

FALLING KNIFE RULES:

1. 50ma has to be under 200ma as the knife falls.(note that bb c-line usually stays below the 50ma as the knife falls just like it stays above as the swing trade up plays out ... the constant, recurring, "IT" that the system is based on!!!
2. Falling knife of at least 3 months, but falling knife of at least 1 year best, as prices are beaten down much lower and are cheaper then.

BUY RULES:

1."IT" buy signal is when BB c-line crosses up through 50ma on a daily chart off that falling knife low.
2.Price HAS TO BE ABOVE 50ma at time of c-line up cross of 50ma to be a valid buy signal.
3. Buy signals can fail which is one reason for sell rule 1 below !!!
 
littleshark said: 
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December 6, 2012 10:42 PM
"IT" SYSTEM cont'd ...

SELL RULES:

1. "Sell - but watch" signal ... sell next day if price CLOSES below 50ma & watch ... if price recovers and closes back above 50ma you can rebuy ... this rule is to protect you from bigger loses on buy signals that fail ... and is most important at beginning and ends of the long swing trade - sell quick then ... but in the middle of the long swing trade, one can delay selling(a judgement call that comes with experience) and wait to see if price recovers above 50ma ... hint: if c-line is holding nicely above 50ma - hold ... BUT ... if c-line is falling fast toward 50ma, be safe and sell when price drops below 50ma and watch EXAMPLE: 6 month daily chart ARMH i.e. Sept . 1 price closed below 200ma but c-line nicely above 50ma and rising 

2. "Sell and don't look back"signal ... sell when c-line crosses back down through 50ma if not already out based on sell rule 1. ... AN EXCEPTION to this rule ... if early in swing trade and 50ma is still below 200ma sell at c-line/50ma cross down but put on a watch list and can rebuy if get another c-line/50ma cross up ... Example see 1 year daily chart of "S"(Sprint) ...

3.At a CONFIRMED top, sell at least half of the position ... Definition of a confirmed top: rsi in green zone above 70 & then rsi drops down out of green zone & a couple/few days later macd (20,2) black line crosses down through red line WHICH IS THE CONFIRMATION SIGNAL of a top in ... may not be THE final top which is why sell only half the position. ... note: top will often come when you see a indecision dogi type HLC bar. EXAMPLE: 6 month daily chart BBDA August top ... also use as example of 4 & 5 to come here next.

4. After a long swing trade & a confirmed top, BB c-line will often stop rising and turn sideways ... if price descends and CLOSES below 50ma invoke sell rule 1. immediately and watch ... (see BBDA)

5. If BB c-line then crosses down through 50ma invoke sell rule 2. if not already out by rule 1. at this point the 50ma will have been above the 200ma for quite a while (see BBDA) and 

the "IT" long swing trade off the falling knife low is OVER - ENDED - FINISHED ... 
the stock now is a momentum stock in consolidation of the long swing trade gains ... play it as a momentum stock from now on if contiune to play it after the consolidation move ends ... 

it is no longer an "IT" stock because the price is MUCH higher now than when it was beaten down cheap at the end of the falling knife ... the big fast gains have been made !!! ... BUT ... the stock may go on to become a great long term momentum stock rising for years to come ...

LAST STEP:
using 1 YEAR DAILY CHART, reread all this and look at these stocks at each step to see the rules play out ... S,RIMM,GPOR,ARMH,$SPX(1st 4 months 2012 run) ... then once familiar with "IT" look for it in your own past plays and current holds ... adapt and change "IT" charts and rules to match what you see in the charts ... let me know your changes so I can learn from you ... THANKS ...
 
littleshark said: 
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December 7, 2012 9:28 AM
NOTE: today 8:25AM CT I noticed error on WEEKLY chart set up and just corrected it now, so if anyone looked at ,or printed, weekly set up before that, correct weekly to what appears above now. ... " corrected BB to read (4,2) and RSI to read (9) "
 
littleshark said: 
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Posts: 30787
February 27, 2013 9:26 AM
there are some daily "IT" chart examples that update automatically on Nasdaq Dec. discussion board pg.34 ... many have gotten sell signals since ... some are still running up as long swing trades ...
 
littleshark said: 
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March 9, 2013 8:05 PM (edited on: April 5, 2013 )
"IT" system example ... ECTY on the WEEKLY chart ... a falling knife for 3 years ... the kind of stock that "IT" was designed for - goal to catch the first real(confirmed by "IT" rules) run up off the low of a long falling knife ... and then stay in the trade through all the retraces to capture the long term swing trade gains ...

look at ECTY on the "IT" daily chart ... updating chart on pg34 of the Nasdaq Dec. discussion board ... or set up the chart from the outline above like you had to do to see the weekly chart ...

DAILY chart ... the first "IT" buy signal came when the BB c-line(which is the 20ma) crossed up through the 50ma Dec 18 ... so the system was not in for the original pop or for that retrace ... because that rise was not "confirmed" by the system rules as the real run up ... 

then when price dropped below 50ma, the system issued the "sell but watch signal" at end of Dec. ... rule as in the outline above ... since price stayed below the 50ma the next day - the system would sell out and watch - sell out to protect principal in case the down move continued - watch to get back in if the price closes back above the 50ma - which is what it did , so system back in ... no sell signals since ! 

so system has the long term swing trader just sitting back and holding through all the retraces since ... price staying in upper BB so the swing trader is relaxed because that indicates the trend is still strong up ... need price to close below the 50ma or BB c-line to close below the 50ma, before a sell signal would get issued ... price holding well above 50ma so no worries there and BB c-line just keeps getting farther away from 50 ma so no worries there ...

did you notice what happened to price each time that the hlc bars closed above outside the upper BB ? and did you notice the taller buy volume bars at those times ? patterns that one needs to look for ... 

the long swing trade is still in play until ECTY gets one of the system sell signals ... a topping signal by the system would appear first ... Notice that got that signal Feb25 but the top never got confirmed by the system rules because the black line on the macd never crossed down through the red line in the days after !!! ... 

when the price drifts down to and closes below the BB c-line is the time to start watching the play closer ... and when the BB c-line flattens out from it's rise and starts to get closer to the 50ma, that is another alert to watch for a possible sell signal coming ... on some stocks the price and BB c-line will just bounce up off the 50ma with out downcrossing it and the swing trade continues - that is why the long swing trader holds and waits for a sell signal before selling ...

ask if you have questions ... also look at DELL weekly chart falling knife there for almost a year ... and then compare the "IT" system rules to DELL daily chart ... "IT"'s working ...
 
littleshark said: 
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March 14, 2013 9:32 AM
SVA on the 6 month "IT" daily chart from mid Oct. 2012 to Dec23rd 2012 is a TEXTBOOK perfect W bottom just as described in stockcharts.com free chartschool, when they explain in the lesson on the bollinger bands that the bollinger bands were created to spot W bottoms and M tops ... so if anyone wants to learn that, read the chartschool lesson in chartschool on bollinger bands and apply it to SVA time frame noted above as you read ... TEXTBOOK perfect just as they lay it out !!!!
 
littleshark said: 
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April 5, 2013 9:58 PM (edited on: April 11, 2013 )
on Nadaq the guys are discussing PACB ... 

notice on the 3 year WEEKLY chart that PACB was a long term falling knife ... 

on "IT" daily chart, the "IT" buy signal came in Dec. and the sell signals occured in Feb. when price fell below 50ma and then second sell signal when BB c-line closed below the 50ma ... so the falling knife "IT" swing trade is successfully completed !!! ... PACB is no longer an "IT" system play !!!!! 

stock is now in consolidation of those swing trade gains and what happens next will determine whether it again falls or if it takes off and price rises above the upper BB to start a new life as a momentum stock ... 

currently the daily chart indicators turning down and the string of sell volume bars, are saying that the odds of up are not favorable ... we'll see how this plays out ... the line in the sand for PACB seems to be whether or not the 40ma weekly & the 200ma daily chart hold as support or not ...

remember that the "IT" swing trade completed successfully in Feb. so this is no longer an "IT" stock ... price is no longer at the desired long term falling knife beaten down lows, as it was in Nov/Dec 2012, when the "IT" play began !!!
 
littleshark said: 
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April 11, 2013 6:06 PM
Koog & CMAC ... get my daily "IT" chart from pg34 of Nasdaq board Dec. discussion ... you can set it up in a seperate window buy RIGHT clicking on it and then from the choice box choose "open in new window" (not new TAB ) so can view it ... while reading this post in the original window ... ("it" outline is in a post above if you need to reference the rules)

change the symbol in the "IT" chart to MDIN ... you should be able to see when the run began in early OCT. (check any 3 year weekly chart to see that that was the end of the falling knife and beginning of an "IT" system run) 

"IT" buy signal came when c-line crossed up through 50ma in early Oct. ...

see all the green on the rsi ??? but then look down at the macd and see that the blk line never crossed down through the red line, so did not confirm a top in by "IT" rules, so no topping sell signal generated ...

then when macd blk line downcrossed red line Nov 19 the top in was confirmed and "IT" system rules say take at least half profits then ...

you got the "IT" "sell but watch signal" Dec.8 when price closed below 50ma to watch and when price did not recover above the 50ma next day the system would have sold the other half of the position ... 

no more buy signals were generated and about Dec.20 got the final "IT" "sell and don't look back" signal when the BB c-line downcrossed through the 50ma - so if not already out, would then sell all of the position that you were still holding ... 

after that MDIN is no longer an "IT" system stock because - as you can plainly see from the daily chart - price is no longer at the falling knife beaten down low !!!!!!!!!

if you watch the "How the Pro's trade ..." video's on bollinger bands & on macd on youtube.com ... first print out two copies of this chart and then as you watch each video, draw in their macd stuff on one chart and their bollinger band stuff on the other chart ... this will help you see and remeber what they are saying and will show whether or not their stuff works on penny stocks ...

see next post on jcds as how "IT" system works even on that skull & cross bones pink stock ...
 
littleshark said: 
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April 11, 2013 6:26 PM
KOOG & CMAC ... now change that "IT" chart symbol to skull JCDS and drop down below the chart and change the time frame by choosing "predefined" in the drop down window and then change the chart to 5 months by clicking on that arrow to the right to get the drop down choice box ... hit update to make the changes ... this is all the time frame we need for the current run and that will make chart larger and easier to see details on it ...


If one had the tenasity to trade strictly by the "IT" system rules, which is what a trading system is supposed to make you do to eliminate ... ALL ... emotion from the trade, then this is how this chart played out :

buy signal 12-14-2012 when bb c-line crossed up the 50ma ... sell signal 1-25 when price stayed below 50ma 2nd day ... buy signal next day 1-26 when price recovered above the 50ma ... sell signal 2-26 when price stayed below the 50ma the 2nd day ... buy signal 2-28 when price recovered above the 50ma ...

no sell signals since ( the 3-10 price dip did not stay below the 50ma for a 2nd day, so system would not have sold there) ... 

1st top 3-20 never got confirmed by a macd blk/red line cross down so no topping sell signal generrated !!! ...

3-25 low not even close to a system sell signal because price has to get below 50ma to generate a sell signal ... also bb c-line just kept right on rising as that price dip occured so the "IT" system had no worries over that price dip, and the swing trader should have controlled his fear and trusted and traded by the system ... 

and you are still in since the 2-28 buy and turning greener by the day on this skull play !!!!

as you watch the video's do as reco'd on mdin above ...

i rest my case ... I am an idiot because I myself designed and tested backwards and forwards the "IT" system and yet I fail to have the courage or the smarts to use it ... I mean "IT" ... gotta change that ... maybe by along side using the stuff in the video's ... maybe then I will be sure enough of the play to enter it if all the systems agree and give the same buy signal ... we'll see ...
 
littleshark said: 
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April 12, 2013 4:51 PM
copy of post from penny board so it doesn't get lost in time there ... a new pattern find:

April 12, 2013 3:52 PM Edit Quote This Flag Private Message 
just found another interesting pattern since my last post above, so is VERY new pattern find and only 15 minutes backtesting it so far !!!! ... that being said, pattern seems to have very strong relevance when thinking of going long on a stock since backtesting so far is 100% !!! ... 

looking at my 3 year "IT" weekly chart set up with 10ema & 40ma and macd(9,18,7) ... I noticed that ema 10 crossing up through ma40 on the weekly chart are very rare & that they ALWAYS happen when the macd finally gets to the zero line or shortly after it crosses above the zero line :

backtest examples are [frown]10ema crossing up the 40ma in 3 years on weekly chart)

ambs ... once in late 2012 ... we are still trading under the influence off that bullish cross up 

gata ... once late oct 2012 ... we are still trading unser the influence of that bullish cross up

brav ... twice ... in 2011 & in Jan 2013 ... we are still tarding under the influence of that last bullish cross up 

fima ... twice 2011 & early 2012 ... NOTE that when I bought FIMA in January 2013 1 day after the low by using the etc. chart, notice that at that time I was trading under the bearish influence of a 10ema/40ma downcross on weekly chart ... if I had known this pattern then, the pattern would have been telling me to make that trade a scalp trade and not an investment ... it went up 7x but has given back all of it since and now rising again but 10ema not upturned yet so pattern still saying any entry is a scalp entry only not a longer term swing trade play ...

NBRI ... once in 2010 ... trading under a bearish 10ema/40ma cross down still ... you guys may be early based solely on this new pattern until the 10ema turns upward towrds the 40ma ... it had done so 3 weeks ago but is downturned now again ...

a brand new pattern, back tested for only 15 minutes, is to new to be traded by, but thought I'd mention it so all can test it more throughly since the stocks I put in to backtest all had identical results ... as test it, always look at the position of the macd also at same time, as that is part of the pattern as explained at the start of this post and the macd when rising toward zero seems to foretell the cross up coming ... in testing there were NO 10ema/40ma cross ups with the macd still down below the zero line !!! the turning of the 10ema up or down is very indicative of the trend change and happens often well before the upcross or downcrosses occur ... so the turning of the 10ema can be the more useful entry or exit signal than the crosses themselves ... however if you find a new play and an upcross recently occured, at least you are entering a stock that is in a bullish phase by this pattern ...
 
littleshark said: 
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April 12, 2013 4:53 PM (edited on: May 28, 2013 )
April 12, 2013 4:25 PM Edit Quote This Flag Private Message 
also check out fnrc & fegr 10ema trend and macd position on the weekly chart per the pattern in my post above ... 

note on a stock that is sideways channeling - rather than a falling knife type - on the weekly chart - the cross ups and down happen more frequently during the sideways channeling time ... skull JCDS is an example ... so be aware what type of stock you are working with on the weekly chart when applying or testing this pattern ... long term falling knives will test differently than a long term sideways channeling stock ...
 
littleshark said: 
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May 28, 2013 10:05 PM
ecty update ... early May got the topping confirmation signal of the macd black line downcrossing the red line after rsi dropped out of the green zone ... price rose again to a new high after, but note that rsi set a lower high and got another macd blk/red cross down ... a double top in now on hugest red volume bar daily chart ... and rsi continues to decend ... 

by the "IT" system at least half would have been sold on that first topping confirmation signal listed above ... no other sell signal by the system yet, but if still half in the play, I would be watching it very closely as chart seems to be deteriorating as i see it ...
 

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littleshark said: 
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May 29, 2013 4:14 PM
think i'll put my chart read here, instead of on the Nasdaq or Penny boards so i don't mislead any one if the market decides I'm wrong again - no one reads this board ...

now that the indu, spx, rut have double topped on the daily chart (previous peaks on the 6 month daily chart were all single peaks) ... and we have macd blk/red cross down confirmation of a top in with blue bars below zero as result of that cross down ...

so expect a 3 to 5 week summer retrace down now to the 200ma with a brief overshoot below likely ...

looking at the 3 year weekly chart, 

I'll pick indu 14,000 with overshoot to 13,500 as the low ...

and on spx, 1500 with 1450 overshoot low ...

and on rut, 900 with 850 overshoot low ...

3 of those 5 weeks will be a fast capitulation type drop phase ...

4th of July may be the low buying the dip opportunity ... we'll see how wrong I can be ...

it wasn't long ago I had a contest for when indu would hit 15,000 ... my guess was one week early ... since then no one thinks market can fall below 15,000 again - except maybe that sly Upplands ... heehee ...
 
littleshark said: 
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June 10, 2013 11:59 PM
lightbulb - er floodlight(weekly chart) - per that pm to some of you :

AAPl ... low Nov 2012 & lower low Jan 2013 (but neither was a 52 week low) then a low April 2013 that was a 52 week low ... waiting for that to get taken out ... then per pm ... 

lbsr - 52 week low dec 2012 ... then low May 2013(for detail, try 1 year time period momentarily) ... weekly chart since ...

lbsr ... on 3 year weekly chart ... notice 3 weekly buy volume bars now ... look at june 2010, June 2011, June 2012, June 2013 ... seasonal pattern on lbsr ??? maybe a pop in july too ???

excesses ... 3 yr weekly chart ... per pm ... lbtg Dec 2012 & now ..., LIGA late Feb. ... NBG April & now ... scrc was in May - not any more - back to trend normal now ... URA oct 2011 & March 2012 & Nov 2012 & April 2013 ...

lower lows : lbtg now ... NBG June 2012 & April 2013 & now ... URA March 2012 & Nov 2012 & April 2013 ... 

if you understand those excesses and lower lows ... look for them on other picks and plays for best entry time BEFORE the pop ...

URA 3 year weekly chart had 4 52 week lows ... AND ... look at what weekly rsi(9) did each time ... and playable runs after each ... timing entries with weekly chart help to remove the TA noise ... let's start buying bottoms instead of run tops ...
 
littleshark said: 
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June 23, 2013 12:33 PM
May 29 post above ... pattern playing out a little slower than anticipated on May 29th but is playing out so far per pattern - $SPX & $INDU have broken down through the lower uptrend line decisively on daily and weekly charts ...
 
littleshark said: 
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June 23, 2013 2:51 PM
11:59 post above ... reviewed the plays mentioned there on the weekly chart ... seem to be following the pattern so far ... we'll know more in a few weeks ... since weekly chart moves very slowly, it will take a little time to see the results in real time and in hindsight then ...
 
CMAC38 said: 
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June 23, 2013 2:55 PM
sharky, you just think no one reads this board...ha...ha...
 
littleshark said: 
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July 15, 2013 8:41 PM
[CMAC38:] "sharky, you just think no one reads this board...ha...ha..."

ha ... ha ... are you sure about that cmac ??? 

my chart read top of page didn't get down to lows I expected for the summer decline ... but July 4th was a pretty good buy spot for long ... markets may set a double top here and give me the rest of my down side move yet this summer ... Upplands seems to think it may come very soon !!! ... we'll see ...
 
littleshark said: 
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July 17, 2013 2:35 PM (edited on: December 4, 2013 )
links didn't stay live for me ...

EDIT: 7-19 12:21am ct ... 

chart pattern examples ... rsi(9) doesn't get into the green zone often or stay long in the green zone on 3 year weekly chart ... so can be a high % reliable topping signal ??? 

use my 3 year chart in post below and put in any 20 symbols that come into your mind and see if it is so ... use it or don't based on hindsight test results you obtain ... convince yourself ... don't listen to me ...



EDIT 12-4 : there is now a NEWER updated set of my charts on page 4 ...
 
WallStreetKid said: 
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Joined: Jun 1, 2011
Posts: 2762
July 18, 2013 12:09 AM (edited on: July 30, 2013 )
LittleShark's Charts


LittleShark's Graph


Check RMKR Weekly One Year Chart
Check RMKR Weekly Three Years Chart
Check RMKR Daily Six Month Chart
Check RMKR Fast Two Months Chart



wsKid
 
CMAC38 said: 
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July 22, 2013 8:09 AM
Thanks, WSK....nice work on those charts for lilshark...
 
littleshark said: 
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July 22, 2013 9:18 AM (edited on: July 30, 2013 )
WSK - thanks a bunch 

guys - wsk is a VERY busy man - please don't ask him to do charts for you guys ... me & wsk have a history together, so I could ask him as a good friend - thanks ...
 
littleshark said: 
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July 22, 2013 12:32 PM (edited on: December 4, 2013 )
EDIT 12-4 : there is now a newer set of updated charts on page 4 ...


charts above have been corrected ... use as they are now

sure is nice for me to be able to just right click and open charts in new windows, instead of having to set each one up each day ... I owe you big time WSK ... THANKS !!!
 
littleshark said: 
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July 31, 2013 10:51 PM (edited on: August 23, 2013 )
since this board doesn't currently seem to get used, I am usingit to store stuff I want to find again, so it doesn't get buried on the penny board ... just explaining why this non topic item is here :

August 17, 2013 9:32 AM Quote This Flag Private Message 
(Koog to)Littleshark...Go to http://regsho.finra.org/regsho-Index.html Click on Friday 16th under the sub heading"ORF"...At the top of that page notice how the data is set out:
Date/Symbol/Short Volume/Short Exempt Volume/Total Volume/Market 
If you divide the Short Volume by the Total Volume You'll find the percentage that was sold short on Friday16th
On FGLD it was 100% short shares. There may be a Short Squeeze coming if buying volume were to appear but I don't think that'll happen. We'll see. My guess is that price will fall because it looks to be a one day rally in a downtrend anyway...
A handy tool to use to find the symbol you are looking for:
use Ctrl + F ( your computer will put a Find box at the bottom of the screen) Type in the symbol you want to find...
In the case of SFRX the short volume was only 20% of the total volume....Interesting....
BRGO had 45% of volume as short so there may be a short squeeze to watch for there as well....
 
littleshark said: 
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September 9, 2013 10:30 AM (edited on: September 10, 2013 )
September 9, 2013 9:48 AM Edit Quote This Flag Private Message 
$BDI doesn't print volume ... and is an index that can NOT be bought ... but adx works even on this ... 

but I'm gonna use it as an adx(4) inversion system example ... with adx(14) confirmation ...

if not interested in this system ... please just ignore and move on to the next posters post ... thanks ...

extending my fast chart to 5 months on $BDI ... 

adx(4) goes inverse to price ... 
TUES. ... May 14 but doesn't give the "buy signal" until ... 
THURS. ... June 6 (the day after it peaked is always the buy day by my rules) ...
TUES. ... June 11 it stops traveling inverse to price and starts traveling in sinc with price - it stays in sinc with price until ... 
TUES. 7-23 ... 

let's pause here and look at adx(14) for confirmation ...
TUES. ... May 14 adx(14) - on my daily chart - starts going inverse to price ...
TUES. ... June 11 adx (14) gives the buy signal ... started inversion same day as adx(4), but since adx(14) is a "slower" setting, adx(14) didn't give the buy signal until ... heehee ... "7 calendar days" later than adx(4) did ... either would have been good entry points on the trade, but adx(4) would have gotten you in at the best price - as it is supposed to do ... + or - 1 day from the price low - my fast chart goal ...

so we look at adx(4) on the fast chart again ...

TUES. 7-23 starts the "INVERSION" to price(the adx peaks when traveling "IN SINC" with price are not buy signals !!! in my system, they are just lagging indicators then !!!) 
THURS. 8-1 adx (4) gives a weak buy signal on the first peak as it keeps rising as price keeps falling ...
TUES. 8-13 adx(4) gives the buy signal again ... price low is put in on Monday 8-12 
MON. 8-19 it switches back to traveling "in sinc" with price ... close enough by my + or - 1 day rule 

so we look for confirmation on the adx(14) on the daily chart - it is there but probally wouldn't "see" it if we didn't already know the dates from the adx(4) inversion to price ... 

WEDS. 8-7 adx(14) starts going inverse to price - normal to be a little later than adx(4) because is a slower setting ...
WEDS. 8-14 adx(14) gives the buy signal ... "7 calendar days pattern" again ...
TUES. 8-20 adx (14) switches back to traveling "in sinc" with price , and still is ...

sigh ... it is SO consistant ... because it HAS TO peak when price hits it's low because adx black line measures STRENGTH of the price trend and price trend ENDS when price hits it low so adx black line has "NO CHOICE" except to peak there !!! and reverse direction next day and start going down STILL INVERSE to price starting to go up then ... 

Why ... STILL INVERSE to price ??? ... because price trend does not yet have enough "Strength" to make adx black line flip back "in sinc" with price ... 

can't see it on your charts ??? ... maybe they aren't set up to make it visible ??? ... heehee ... mine are ... especially my fast chart ...

to find adx(4) inversions fast on any stock ... just use my fast chart and look down below rsi(4) any time it starts heading into the brown ...

USES: find an adx(4) inversion just starting and plot it out into the future by the "7 calendar day rule" or increment of 7 days i.e. 14 or 21 ... for predictive possibilities to watchthe chart for ... OR ... if contemplaing a buying or selling a stock - why not check to see if their is an adx(4) buy signal coming or just came ???
 
AceStockPlayer said: 
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October 27, 2013 11:18 PM
Lilshark FAST CHART

Hey, shark...I have been foolin' around with your FAST chart....I ran about a dozen stock symbols through it....yep, it does work pretty good!

However, I find the RSI-4 seems to tell the precise turn better than the ADX-4, at least with some of the stock symbols I ran. Of course, my sample size was small compared to the probably hundreds of symbols you have run through it.

I re-constructed what I think your FAST CHARTS show, except I put in TWO ADX graphs, one with the (4) setting and the other with the traditional (14) setting. The reason I did this is that the 14 setting is still needed in my opinion to see what the general trend is. The ADX(4) is moving too fast to establish a true trend....you need the ADX (14) to tell you if there is a trend in place.

So, to modify your system slightly, you would use the ADX (4) to tell a person when to commit funds toward a trade....but that commitment should be made ONLY IF the intended trade is in sync with the trend showing on ADX (14). Now, I understand why you are running your ADX with a 4 setting, and that is to eliminate as much lag as possible and get a good clean buy signal. However, in doing that, you have eliminated the CONFIRMATION signal (which is ADX-14), which is sort of like an over-riding factor in this case.

In other words, if you are betting long on a stock but the ADX(14) is rising with a rising -DI line, then that is a bearish trend you are betting against. Remember that the guy who invented BOTH ADX and RSI (yes, it was the same guy! His name is Professor Wilder) says that when TREND is STRONG, then you should not take a bet in the opposite direction of that trend. In other words, when ADX shows a strong trend, then trend trumps the oscillators like RSI. A bet on RSI against a strong directional trend will usually produce weak results.

In reducing ADX to a 4 speed, you have reduced its effectiveness in measuring trend, and so ADX-4 becomes more of an oscillator like RSI than a measure of trend. There is nothing wrong with this approach, except in my way of doing things, I feel the need to have at least one good trend measure to act as a check to a short term signal. Now, you do have MACD in your charts, and that is a trend measure, but I find ADX(14) is often more precise in demonstrating the strength and endurance of a trend than is MACD, and so I like to have ADX(14) on my charts to see what the trend is.

So, I think you should have both ADX graphs on your chart...both the ADX (4) and ADX (14)...imho.

Otherwise, I like your system, and I think it should return many profitable returns, especially where the hammer lows are concerned.

Of course, no system is perfect, and if you talk with 100 different chart technicians, you will get a 100 different opinions on how to read a chart....so, in the end, what really matters are the results....if this FAST CHART can generate profitable trades, then that is all that really matters.

My Re-creation of a LilShark FAST CHART

This site and its message board reflects opinions of individuals only, and should not be understood to offer advice on investing or trading. Investing in stocks, bonds, options, futures or other uninsured investments can lead to substantial financial losses. Always consult a Registered Investment Advisor/Broker. Visit my blog at http://www.Blog.AceStockTrader.com .

 
littleshark said: 
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Posts: 30787
November 22, 2013 2:05 AM (edited on: November 26, 2013 )
NOTE : the chart above by ACE is how HE would change my fast chart to suit what HE wants it to do - 

that is NOT the way I set up the fast chart, as it would then not do ANY of the things that I want it to do ... 

ACE is not wrong - we just have different gaols of what we are trying to accomplish ... 

so my fast chart stays as in the link in post above by WSK - who linked them for me ...


graph

I just was trying to link a chart by WSK instrutions ... it worked the first time I tried it !!!
 
littleshark said: 
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Posts: 30787
November 25, 2013 10:16 PM
copy & paste attempt of Wally World post on penny board ... his charts didn't paste but you can see them on pg.21 of Nov. penny board :

WallyWorld:
November 25, 2013 2:51 AM Quote This Flag Private Message 
LTS (or is it BTS now?), am a bit overwelmed by the your postage volume =:0
So, only focusing on your 11/24/13 2:32pm "XIV chart challenge".

Decided to post a reply over here on your Pennys board where I can find you.
To make sure I understand your intent, I've marked up your XIV chart
per your post's instructions and attempted to summarize your method 
to a few simple steps (see below). Lastly, I've applied it to NuGT & ATML.

Method to Find/Enter at Low:
1. First, start with Full STO which must be low in range [ex: <20]
2. Then, monitor Price & MACD & ADX(14) black
3. Next, ignore days when Price & MACD diverge in opposite directions
4. Only when Price & MACD change direction TOGETHER and
ADX(14) changes direction, that marks the spot for the low entry point

Here is a markup of the above on LS's XIV chart:



Here is a markup of the above method on NuGT & ATML:
(added some WallysWrld marks in red/black)





Thoughts:
a. An equity's chart is simply historical record of PAST trading action, so
the trick (as Upp mentioned) is to position before the fact (i.e. before turn occurs).

b. Because ADX(14) black often changes direction (sometimes several times) a day, 
using it as the low entry pt signal for step 4 won't be certain until trading stops.
Being a day late could be a problem in some cases (ex: NuGT July 1 & Sept 18).

c. By using ADX(14) +DI(green), one can get a 1 day jump before ADX(14) black changes
direction (see 6 red markups on bottom of NuGT) and take part in the Jun 28 & Sept 17 jumps 
which also allows a more graceful exit if a trap occurs like July 1 & Sept 18.

d. My +DI(green) method is not fool proof, as WallysWrld aptly demonstrated on NuGT
(see black markup on NuGT). And now demonstrates again (see vertical red markup) since
as I write, pre-market manipulators dumped $Gold like Oct 15th. Appears the world 
changed into Disneyland over the weekend ... gold no longer has value since 
Iran & "the great satan" USA are now BFF's ... & gold options expire today as well [smile]

e. Conclusion, I still find your method a useful addition to the toolbox. It ensures
some dicipline to avoid other more egregious entries like my recent NuGT & like you say it 
should be used together with other tools. It would have kept Wallys "SS NuGTs" ship out of 
harms way on the black/red vertical line events for sure. Thanks for the hard work & sharing LS [smile]

Note: I may not reply anytime soon, as it looks like Cap'N Wally & the squirrels will be busy this 
week ... bailing water out the SS NuGTS [frown]

WallysWrld
Although I lose money on every trade, I make up for it in volume ... !
 
littleshark said: 
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November 25, 2013 10:29 PM (edited on: February 4, 2014 )
EDIT: the rules etc. are now on the penny NOVEMBER board pg23 in posts 4:41pm, 5:15pm, 5:38pm, & 5:57pm ... post 6:49 is just a bonus EXTREME example ... enjoy ...

OK wally ... where do we start ??? 

my system is an ADX system ... so need to understand how to read the adx lines to use it ...

2nd ... most of my testing was done on my fast chart using rsi(4) to develope the rules ... I am constantly amazed myself how those same rules work perfectly on adx(14) on the daily chart and on adx(9) on the weekly chart too !!!

lately I have been replacing rsi(14) on the daily charts with full sto or slow sto ... but have kept rsi(4) as the oscillator on my fast chart ...

many of the best systems out there are very focused on one particular type of chart set up ...

and my adx price inversion buy signal system is too ... the very best place to use it is during an uptrend on the bull flag retraces to nail the exact low of the retrace !!!

everyone keeps wanting to use it to find the low of the long falling knife - not its purpose - (but JUST TONIGHT I may have uncovered a way to tell a falling knife bear flag apart from the falling knife actual bottom ... that will require much back testing and forward testing to see if my brand new idea is valid ... )

I have also discovered that often the rules do keep you out of the bear flag traps during the long falling knives - because when those adx buy signals generate there, most of the time the rsi &/or the macd or the adx gr/red lines will be lagging the buy signal and the rule is you can't buy the adx buy signal until ALL the indicators are in sinc ... so the lagging indicators keep you out of the bear traps if use the rules correctly - sweet - especially sweet since the rules were developed to get you into the bull flag at the exact low - and here we find the same rules also protect you from falling knife bear traps - 

it just keeps on amazing me how powerful this is !!! ... IF !!! you learn and then follow the rules !!!
 
littleshark said: 
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November 25, 2013 10:48 PM
Wally let's get started ... XIV daily chart, same as you marked up ... 

before I can get to your comments and chart markings ... since this is an ADX system we have to learn how to read the black adx line correctly ... that took me quite awhile even with ACE & Upn8th tring to guide me ...

designed purpose of the black adx line is to measure the STRENGTH of the trend - not the direction of the trend !!! ... big difference to realize ... 

so starting at left side of the chart - adx black line happens to already be inverse to 
price, but what you have to see is that the rising adx black line is reading the dropping price as "downtrend increasing in strength"

and when the adx black line peaks near the end of JUNE and starts back down it is STILL reading the previous downtrend and is reading that the downtrend strength is DECREASING now ... 

the black line is not YET reading the strength of the new uptrend that has started !!! that is what you have to see - realize - for everything else to work !!!

next see the acceleration in uptrend Friday 7-5 & Monday 7-8 on the hlc bars ??? 

that acceleration of uptrend strength is what always makes the adx black line flip from reading the decreasing strength of the previous downtrend 

and start to read the increasing strength of the current uptrend - from 7-8 on 

the adx black line is flipped over and traveling WITH price now - not inverse to price any more !!!

let's just keep following the adx black line on the linked daily chart ... the black line keeps reading the INCREASE in strength of the UPTREND and follows price up(travels WITH price !!!) until price peaks in early August ... 

and then black line keeps following down WITH price reading that the UPTREND strength is weakening(NOT READING THE DECLINE IN PRICE YET !!!) through Monday AUGUST 26 (those verticle chart lines are always Mondays) ... 

now look at price on Monday August 26 and see how price gaps down on TUESDAY August 27 ??? that ACCELERATION in DOWNTREND strength is what causes the adx black line to stop falling with price and turn up INVERSE to falling price 8-27 !!! 

because the adx black line then stops measuring that the "previous uptrend strength is weakening" AND STARTS measuring the down trend strength from then on and that is what makes the black line go INVERSE to price ... 

price keeps falling but black line rises, telling you that the downtrend STRENGTH is INCREASING still ...
 
littleshark said: 
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November 25, 2013 11:32 PM
cont'd from last post ... YOU HAVE TO UNDERSTAND THAT !!! ... if you don't "see" it ... stop and go back and reread that as you look at the chart I linked until you get it ... 

when adx black line goes inverse to price 8-27 we have what we need !!! ... 

we can now track that inverse black line each day until it peaks and turns down - 

THAT EXACT DAY is the buy signal AND that day will come 1 day after the low prints !!! always !!! 

because the adx black line can't do anything else - by its very nature of measuring trend strength - NOT TREND DIRECTION !!!!!!!) - 

and so when price bottoms last day of August and starts back up 1st day of Sept. - see that little dip in the black line ??? - downtrend strength weakens and the adx black line has to turn down because it is reading that weakening of the downtrend strength ... 

in this case it is hard to see on the daily chart until a couple days later but that gets you in close to bottom too ... and that is why I go to the fast chart, as will see it with more detail there

(look at Sept. 1 now on the fast chart) ... see how the fast adx(4) turns down Sept.1 - the exact day after the low prints !!! - just like I said it would ALWAYS do - 

the reason it took a couple more days on the DAILY chart, is because on the fast chart we see that while the macd blk/red line cross up did occur in sinc with the fast adx(4) black line buy signal, the rsi(4) and the adx(4) green lines were lagging Sept. 1 ... the rsi(4) did not "get in sinc" and upcross the 50 line until 1 day later and the adx(4) green line did not "get in sinc" until it upcrossed the red line 2 days later - and you can't buy the adx buy signal until ALL the fast indicators get "in sinc" ... 

and those lagging indicators on the fast chart, are what caused the daily chart black line to delay 2 days before really truning down hard enough to see it on the daily chart ... this stuff is so minutely accurate that it is scarey !!!

then notice that the next buy signal Oct. 10 on ... DAILY ... chart is much clearer and better example and right after the low gets printed ... 

that is what i can't get people to see ... it works the same on a fast chart setting or on a daily chart setting or on a weekly chart setting ... but can see it most clearly onthe fast chart and some inversions won't even show on the daily or weekly chart that do show on my fast chart !!!

if you understand that all, you are almost done ... just need to see the rules and how to apply them yet - that is the easy part ... after you grasp the principle that I just showed you ... that gives the buy signal one day after the low prints !!!
 
littleshark said: 
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Posts: 30787
November 26, 2013 12:20 AM
before we get into the "seqence of perfect pattern events" that define the rules ... let's take a break ... and look at some of your chart comments ...

Wally said: "a. An equity's chart is simply historical record of PAST trading action, so
the trick (as Upp mentioned) is to position before the fact (i.e. before turn occurs)"

my reply is ... charts are full of repeating patterns ... when you find the ones that HAVE TO repeat because of the way the indicators like the adx are designed, then you can spot those patterns starting and know how the pattern will print out for the next few days or longer before it does print out ...

so once you see the adx inversion start - you are able to anticpate the bottom coming by the repeating pattern by watching the black line ... BUT ... can wait until the low actually prints and then get in the very next day before the run really gets going - you can also jump in before the buy signal actually prints but you increase your risk uneccessarially - 

EXCEPT one may want to jump the gun if playing with options to get the cheaper price before the masses see the move and drive up the options price ... When we look at the "sequence of perfect pattern events" I will show all the signals that tell you BEFORE the buy signal prints, if it will be a strong or weak signal !!! so you know when to buy those options early and when to wait ... and a way to predict the day of the low a week before the low prints, with 80% accuracy ... 

Geeeeeshhh ... i really gotta find time to start studing options, so I can play them too !!! ... or buddy up with one of you guys and i will find the buy signals for you and then you tell me which options to buy when ... team work ... and a smarter than me guy could write code for a screener that would find the adx inversions for us - I can tell what to screen for - dummy me just can't write the code ...

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CHART THEORY- Chart Pattern Examples [icon_pulldown] : Examples of Chart Patterns

 
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littleshark said: 
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Joined: Aug 22, 2010
Posts: 30787
November 26, 2013 1:16 AM
Wally said:
4. Only when Price & MACD change direction TOGETHER and
ADX(14) changes direction, that marks the spot for the low entry point

My reply ... NO!!! ... every system HAS TO be based on only ONE thing and then has to have at least one confirmation tool ... otherwise your are using the shot gun approach ... you want to be looking through the scope of the sniper rifle for that EXACT correct entry point !!!

my system is an ADX system ... it is NOT a rsi or a macd or a slow sto system ... it is not the hammer system ... it is not the 3 candlestick reversal system ... it is not the bollinger band system ... there are systems for those ... but you have to choose your weapon and stick to it ... 

here we have chosen the ADX BLACK LINE weapon ... and I have chosen on daily chart full sto as the confirmation oscillator and on the fast chart rsi(4) as the confirmation oscillator ... they are like the bullets in the gun ... 

but be VERY CLEAR that the gun we are using here is the ADX BLACK LINE !!! ... 

and then on the daily chart and on the fast chart I also have the macd with blue bars and the adx green/red lines as confirmation bullets also in daily chart settings and in fast chart settings ... 

WHEN WE GET ALL OF THOSE INDICATORS TO AGREE "IN SINC" WITH THE ADX BLACKLINE, THEN WE HAVE A STRONG BUY SIGNAL ... 

when some are lagging the adx black line buy signal, you have a weaker buy signal and have to WAIT for the lagging indicators to catch up before buying the adx black line buy signal ... if they never get all in sinc - you never buy that adx black line buy signal ... which often happens on falling knife bear traps, keeping you out of harms way ...
 
ticktrader said: 
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Posts: 1255
November 26, 2013 11:46 PM
LS,
Using IBM as an example, even if price now bounced off its quarterly 20, monthly 50 and the weekly 200 sma's the better opportunity will be looking to get short at
the top of the bounce.
IBM Yearly-weekly charts.
 
littleshark said: 
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Joined: Aug 22, 2010
Posts: 30787
November 26, 2013 11:54 PM
thanks Tick ... will study that, but probally first tommorrow - it is almost 11pm here now ... a new idea for me ... greatly appreciate you sharing and opening up my field of view ... 

If one wants to find adx inversions as they start ... just need to write a scan that finds rsi(4) when it goes "INTO the brown zone under the 30 line ... that is when the inversions almost always get triggered to start ... and once you see the adx black line inversion get started ... you just track it each day until the buy signal prints ...
 
ticktrader said: 
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Posts: 1255
November 26, 2013 11:59 PM
Thanks Ls, I have been thinking that it may help with my rsi breakout watch
lists. PLM, ATL, RVLT, FLIR, NAV and several others have originated from those basic scans.

[littleshark:] "thanks Tick ... will study that ... a new idea for me ... greatly appreciate you sharing and opening up my field of view ... 

If one wants to find adx inversions as they start ... just need to write a scan that finds rsi(4) when it goes "INTO the brown zone under the 30 line ... that is when the inversions almost always get triggered to start ... and once you see the adx black line inversion get started ... you just track it each day until the buy signal prints ..."
 
ticktrader said: 
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Joined: Jan 28, 2013
Posts: 1255
November 27, 2013 12:04 AM
Once I study your system a little more we should be able to work together on
breakout ideas! I will write a scan that incorporates rsi breakout with adx inversion
over the next few days.
 
littleshark said: 
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Posts: 30787
November 27, 2013 12:14 AM
Tick ... I did the system on the adx because that is what measures trend strength and what happened to jump out at me on the charts ...

but a person could just as easily do a system based on rsi ...

or a system based on macd ...

or a system based on anything ... anything that one knows and understands that is ... so one can read what it is saying ...

I have always liked the rsi ... just recently started using stochastics again because of some video's I watched ...

it will be a pleasure working with you on future ideas and comparing chart views on plays ...

my online brokerage has free programable scan screeners for me to use - I have just never gone there and looked at them yet ... just like I have not studied options yet ... i need to start being more careful with my time and direct it at the things that will improve my trading returns the most ... instead of chatting about anything and everything all day long ... I need to start to focus ...
 
ticktrader said: 
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Posts: 1255
November 27, 2013 12:40 AM
Focusing on making money is probably best for us all [smile]
Posting does take quite a bit of time away from much more productive activities.

[littleshark:] "Tick ... I did the system on the adx because that is what measures trend strength and what happened to jump out at me on the charts ...

but a person could just as easily do a system based on rsi ...

or a system based on macd ...

or a system based on anything ... anything that one knows and understands that is ... so one can read what it is saying ...

I have always liked the rsi ... just recently started using stochastics again because of some video's I watched ...

it will be a pleasure working with you on future ideas and comparing chart views on plays ...

my online brokerage has free programable scan screeners for me to use - I have just never gone there and looked at them yet ... just like I have not studied options yet ... i need to start being more careful with my time and direct it at the things that will improve my trading returns the most ... instead of chatting about anything and everything all day long ... I need to start to focus ..."
 
littleshark said: 
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Joined: Aug 22, 2010
Posts: 30787
November 27, 2013 11:23 AM
Am focusing on the money ... but my eyes get all blurry with every tick down ... sigh ...
 
littleshark said: 
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Joined: Aug 22, 2010
Posts: 30787
November 27, 2013 1:10 PM
Tick ... IBM charts nice ... I now see why you like monthly ... sure does smooth out compared to weekly so can see trend better ... thanks for opening me up to that view point ... ... 

I believe you are the one who told me to start watching if rsi is over 50 line or under 50 line for in bull or bear territory - you made just one sentnce then as I recall - but it did change for the better how I looked at rsi since ...

in the spirit of pay back ... consider this ... I shortened my 3 year weekly chart up to 1 year for more detail ... chart

4 adx(9) price inversion buy signals since the big price drop in April started the falling knife trend ... notice how the rules did not let you buy any of those bear trap adx buy signals :

1)adx buy signal 3rd week of April ... the rule : "ALL indicators have to be "in sinc" to buy the buy signal" ... macd black line did not upcross red line !!! so can't buy 

2-3-4) adx buy signals since July 1 - rsi never upcrossed the 50 line so you can't by any of those either (the 3 peaks in the adx black line since July 1)

and so the rules designed for buying the low of the bull flag during an uptrend - just kept you from going long 4 bear traps - even though the rules were not written by me for that purpose - but when applied, they work any way ... sweet ... 

sometimes zeroing in for detail, once you find your trade set up on your longer timeframe charts, can be useful ???

hope that usage helps in some way ...

P.S. ... this new idea I have come up with but have done NO hindsight backtesting on it yet, to see if the "idea" holds water ... "if the rules keep you out of bear traps like that - then, during the falling knife, when the rules let you buy the adx buy signal - will that one be the falling knife bottom ??? ... sounds logical ... needs to be tested to find out ... if it does - then i have found the "Holy Grail of Trading !!!"
 
littleshark said: 
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Posts: 30787
November 27, 2013 1:59 PM
Tick ... new adx discovery ... I am thinking that I need to start studing, and writing down rules, for what adx does at the tops ... 

so on etf.'s ... find the counterparts ... uvxy ... xiv. and place them side-by-side to compare what happens at the top on the counterpart of the one that is bttoming ... and look at the mirror images !!! ... so if can't figure out a top on an etf ... instead just look for anadx bottom buy signal in the counterpart !!! to know if the top is in on the other one - eliminates all guessing on etf tops ...

to bad stocks don't have a mirror image counter part too ...

but if I study a bunch of etf counterparts pairs ... and develope rules for those tops ... then those rules should work on stock tops too ... 

heehee ... maybe I should just take a mirror and look at my current rules in the mirror and then I woud have the mirror image of them in the mirror - just take a picture of the mirror - and walla - the list of topping rules is made !!! ... heehee ... won't work huh ???

ok ... how about I take a topping chart and print out it's chart and then turn the chart upside down, so the top is on the bottom of the chart and then just use my bottoming rules ??? ... that won't work either huh ??? ... sigh ...
 
ticktrader said: 
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Posts: 1255
November 27, 2013 2:10 PM
Ls, Very nice work... my weekend will be spent studying your system in more
detail. Thanks for sharing your hard work!
 
littleshark said: 
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Joined: Aug 22, 2010
Posts: 30787
November 27, 2013 2:14 PM
[ticktrader:] "Ls, Very nice work... my weekend will be spent studying your system in more
detail. Thanks for sharing your hard work!"


Hard work ?? ... can I call something that I am having so much fun with - work ??? heehee ... 

is there a language that is the exact opposite of english ??? ... then I could write my bottom rules in that language and have a set of topping rules ! ... that won't work either I suppose ... sigh & double sigh ... just can't find a short cut ... heehee ...
 
littleshark said: 
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Joined: Aug 22, 2010
Posts: 30787
December 4, 2013 4:34 PM (edited on: January 19, 2014 )
fast

fast2 EDIT 1-19-14 ... this one in testing mode - i am not likng the results - I won't use it - psar best left on the daily chart, it seems to me ...

daily

daily2

weekly

3 year weekly
 
AceStockPlayer said: 
[image]

Joined: Aug 16, 2010
Posts: 12325
December 31, 2013 12:20 PM
An Example Chart of my Favorite Settings for the Daily View....

I show the Fast RSI's across the top graph (lag lines set to StockRSI14 and RSI-2)...all of favored Moving Average Lines which are 13, 50, 100 and 200 day lines. On a closer view, I will also use the 3 EMA line. I also like to watch the CMF (34) with a 13-day lag line for a zero-cross signal for longer term trades...use CMF in conjunction with A-D line.

daily chart (click here)

This site and its message board reflects opinions of individuals only, and should not be understood to offer advice on investing or trading. Investing in stocks, bonds, options, futures or other uninsured investments can lead to substantial financial losses. Always consult a Registered Investment Advisor/Broker. Visit my blog at http://www.Blog.AceStockTrader.com .

 
AceStockPlayer said: 
[image]

Joined: Aug 16, 2010
Posts: 12325
December 31, 2013 12:25 PM
My favored Weekly Chart Settings are....

I use the 10, 40 and 80 week MA lines....the 10 week = the 50 day on a daily chart...the 40 week = the 200 day and the 80 week = the long term bull-bear support line which would be the 400 day line.

I tend to like OHLC bars on the weekly chart to see open and close points for each week. I also use two ADX lines, the 10 setting and the 24 setting. The 24 setting is a Long Term Signal to see when a trend is coming to an end or beginning to pick up...the 24 line can track a trend for many months! The 10 is a shorter signal on ADX, but still will move slowly compared with the ADX 14 on a daily chart. I like the 9.20.7 setting on MACD for the weekly. (12.26.9 is too slow for a weekly measure) Notice the emphasis on 9 or 10 period settings on RSI, Stochastics, ADX and MACD when using a weekly chart, which is within guidelines of the Market Technicians Association (MTA). 

Watch for consistently higher highs and higher lows for long term up trends...the opposite for long term downtrends....drawing in trend lines will help you to see these trends. Low ADX readings (under 15) and tight congestion among the major MA lines (10,40, 80) or at least the 10 and 40 can mark a critical break point before a stock moves quickly to the upside...or downside.

Set the timeframe at 2 years or more...this one is a 3-year timeframe. Pay attention to base consolidations and make sure the stock hasn't had more than about 3 or 4 bases over the last few years without a base re-set....otherwise, it is a risky stock and could lose substantial value (in most cases, but not all).

Example of a Weekly Chart

This site and its message board reflects opinions of individuals only, and should not be understood to offer advice on investing or trading. Investing in stocks, bonds, options, futures or other uninsured investments can lead to substantial financial losses. Always consult a Registered Investment Advisor/Broker. Visit my blog at http://www.Blog.AceStockTrader.com .

 
AceStockPlayer said: 
[image]

Joined: Aug 16, 2010
Posts: 12325
December 31, 2013 12:41 PM
Mo-Celerator Chart Example....

The Mo-Celerator is designed as a way to spot momentum using the key MA lines...don't use the Mo-celerator by itself....the MoCelerator Chart is designed to help the trader to better spot trends or short term downturns, but it should not be used alone because the MoCelerator does not focus on trend lines nor on price....but I find too many traders focus only on trend lines and price which is what the big traders want you to see....the MoCelerator helps you to see things from a different perspective. Use it as you like....or don't like, you can ignore it too.

Mo-celerator' charts spot early trends and accelerating surges before they become apparent to the trading public. It ignores confining limits like the resistance trend lines and bollinger bands. I am not suggesting that a trader should ignore resistance lines, but the Mo-celerator presents another perspective where the trader might consider that some resistance lines or BB lines may not always hold....the Mo-celerator is designed to keep the trader into the trade longer than normal to make bigger gains than they otherwise might. These charts are designed to spot stocks/ ETFs that are about to send 'the machines' into a buying or selling frenzy. A Mo-celerator chart combines the surprise of early momentum with a possible setup for 'acceleration surge'.

Mo-Celerator Chart Example (click here)

This site and its message board reflects opinions of individuals only, and should not be understood to offer advice on investing or trading. Investing in stocks, bonds, options, futures or other uninsured investments can lead to substantial financial losses. Always consult a Registered Investment Advisor/Broker. Visit my blog at http://www.Blog.AceStockTrader.com .

 
koog said: 
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Joined: Aug 18, 2010
Posts: 2951
December 31, 2013 6:01 PM
Basic Standard setting 6mo Daily6mo Daily

Basic standard setting 3year Weekly3year weekly

I do like to see the time of day that most trades are made using a Fast chart
 
CMAC38 said: 
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Joined: Aug 18, 2010
Posts: 11550
January 2, 2014 11:09 AM
Picture of money chart.

moneystuff
 
AceStockPlayer said: 
[image]

Joined: Aug 16, 2010
Posts: 12325
January 2, 2014 12:53 PM
A study in the power of the 50 day line....

Some of you may know that I developed the Mo-Celerator Charts on the thesis that the 50 day line is a major controlling factor....the chart below is NOT a Mocelerator chart, but it points out how the 50 day can influence things on a chart...

One of the concepts of the Mocelerator is that a rising 50 day line is generally supportive and bullish... and a descending 50 day is generally a strong resistance line and therefore, bearish.

This chart on ALLT demonstrates that welll....there are many, many other examples like ALLT, but since I had this chart previously annotated, I decided to show this one. I am not currently invested in ALLT, but notice the trend has changed to bullish in the 2nd half of 2013.

A Study in the power of the 50 day line (ALLT) chart

This site and its message board reflects opinions of individuals only, and should not be understood to offer advice on investing or trading. Investing in stocks, bonds, options, futures or other uninsured investments can lead to substantial financial losses. Always consult a Registered Investment Advisor/Broker. Visit my blog at http://www.Blog.AceStockTrader.com .

 
littleshark said: 
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Joined: Aug 22, 2010
Posts: 30787
January 4, 2014 12:03 PM
playing around with TT's "T" daily chart on the nasdaq board pg.5 ... 

I couldn't add the 21ma on CCI on free stockcharts, but the upcrosses of the 50 line have some use 

I added various top indicators - but settled on slow sto - TT had no top indicator 

macd black line above or below the red line seems to be a MAJOR signal point at turns 

and also has importance when price rises back above the 13ema again, it seems to me ... when that happens, but macd black line is below red line and falling, the run doesn't last long(Friday Nov. 15) - best long plays are when black line up crosses the red line AND price gets above the 13ema ... it seems to me ... 

any way those some of are what my eye saw ... and here is my changed version of TT's chart T

I sped up the slow sto to an "8" setting to get the line cross downs to happen sooner at the price peaks ... 

I had added bb's and 50 line, but that cluttered up this particular chart, and made it harder for me to see what the rest of the chart was saying IMO ... T (c-line is the 21ma) ... 

the 50ma is a VERY important line and is on my standard daily chart ... but here I was trying to stay with TT's chart to see what I could learn by studying and tweaking with it ... here we are studying the 13ema/21ema relative to price and using macd and other indicators for confirmation ... this particular chart is not a study of the 50 line ...

ACE gives a good study of that in a post above ... 

many of the ta video's I have watched on youtube, confine them selves to testing one thing with at least 1 confirmation indicator ... to develope a system for that particular one thing - the one thing here is the 13ema/21ema relationship with macd and cci indicators for confirmation 

mainly I am looking for signals of when to buy or sell - and when to avoid the trade ... 

each can look at TT's chart on nasdaq board and play with it as they see fit ...

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CHART THEORY- Chart Pattern Examples [icon_pulldown] : Examples of Chart Patterns

 
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ticktrader said: 
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Posts: 1255
January 4, 2014 2:52 PM
The primary point of the NOcelerator Jitterbug version 1.2 beta is indicator
synchronization. It is designed as a basic weekly chart for mid term
trading that should help prevent over reacting to every move.
Why plot one set of averages on indicators and another set on price?
 
littleshark said: 
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January 4, 2014 9:45 PM
probally because I don't know what I am doing ??? as I fumble around looking for something that works ??? - only explaination I can come up with any way ... 

I only experimented with the daily chart ... 

thanks for your explaination of the weekly charts' purpose there ... when you assume some of us(me) will be able to figure it out, you may be giving more credit than deserved ...
 
AceStockPlayer said: 
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Joined: Aug 16, 2010
Posts: 12325
January 18, 2014 12:22 PM
Two recent leaders in the IBD 50 stocks index show why it's important to pay attention to the under-lying action in the AD and CMF graphs...

Take a look a these two stocks that were recently leaders in the IBD 50 index. In fact, both stocks had been ranked #1 in the index in recent weeks. QIWI and FLT recently sold off hard and are no longer ranked in that index....but the warning signs were there in the AD and CMF graphs.

QIWI was IBD's #1 ranked stock in December of 2013. For good reasons, it was in a rare ascending base, the most bullish of all bases for investors. However, QIWI is a good study in understanding how money flows in and out of a stock BEFORE the results reflect that movement. The underlying signals from the Accumulation-Distribution (A-D) line and the Chaiken Money Flow (CMF) were offering stern warning that the big money institutional investors were abandoning the stock. Both CMF and AD began to plunge together in November, and the situation was not correcting itself in December even as the price of the stock rose. (This is called the distribution phase of the trading cycle, meaning that "the smart money" was abandoning the stock before the sell-off phase set in.) FLT showed similar bearish action in its AD and CMF graphs, though a bit more subtle than that found in QIWI's graphs.

Some technicians prefer the On-Balance Volume (OBV) graph which attempts to combine the factors of both cash flow and accumulation into one reading. I prefer looking at each separately because sometimes, the AD line can be falling but the CMF line is rising or stable. The CMF line is the more important of the two, because that tells me if the institutional money is still in the stock. The AD line is measuring the number of up-ticks vs. down-ticks, but a lot of ticks can reflect small money trades (retail investors). OBV does not parse out these differences as well as looking at CMF and AD separately, in my opinion.

QIWI daily chart

FLT daily chart

This site and its message board reflects opinions of individuals only, and should not be understood to offer advice on investing or trading. Investing in stocks, bonds, options, futures or other uninsured investments can lead to substantial financial losses. Always consult a Registered Investment Advisor/Broker. Visit my blog at http://www.Blog.AceStockTrader.com .

 
littleshark said: 
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January 22, 2014 9:22 AM (edited on: December 3, 2016 )
pg.4 [littleshark:] 

fast ... 4-16-15 new bb(3,2) version ... try different time frames - 3month - 6 month ... or try BB(3,1) instead ... I expect one could make a version of this for a weekly chart too ??? ... FAST BBB ...

5-16-2015 adding new BBB OVERLAY chart invention ... can I patent that ??? ,,, another version ,,, 200,2 version ... Mystery chart ... major BBB ... blue/red bands above or below green bands seem to alert top or bottom is close WHEN anti-stacked below or stacked above ... 

alternate FAST "3 day spread" chart added 4-27-2014 ... 13ema/10ema "channel" spread indicator ... I will call it "FAST2" from now on ... 

daily

daily2 EDIT: 9-14-14 I replaced the RSI(14) with the "fast setting" CMF(8) ... as i find it foretells price pops for me - others may disagree ... RSI(14) is still on the DAILY chart ... and of course once opened - anyone can go below the chart and change indicators to whatever they wish to use ... changes won't effect my links at all .. go ahead and play with variations all you want too ... 

EDIT 10-24-2014:
adding DAILY3 chart to the "Full Picture" system ... 

weekly

3 year weekly"

WEEKLY2 MONEYFLOW added 11-24-2014 - lower indicators don't print until end of day ... or ... WEEKLY2 TREND with macd & adx ...

10-26-14 : still testing FAST WEEKLY2 for best set up .. bb 10,2 with 2ema & 6ema channel ...

5 energies ...

the simple trend chart ,,, try your plays in it ... 9-6-15 adding Enchanted version (KISS) ... ,,, ... 9-26 new TREND TURN signal chart view ... 10-21-2016 5ma-50BB-100ma version ... 


edit 6-22-15: if you want to study the indicators and average lines ,, sometimes INVISIBLE makes those clearest ...

new Tricksy System chart - see 2-19-2016 Penny Board pg. 11 for new System ENTRY/EXIT SYSTEM ...

Psar fast(red) & regular(green) Psar dot settings ... it is nice when they agree ,,, especially as a trend turn signal at a CHART LOW bottom, with all chart indicator EXCESSES already corrected, as a "bottom in" candlestick pattern(RH ~ ORRC ~ "3CRP" ~ etc.) print occurs ...
 
littleshark said: 
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Joined: Aug 22, 2010
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January 22, 2014 7:48 PM (edited on: March 29, 2015 )
this a SHACK CHART that he posted on the nasdaq board ... I placed it here, because i want to remember the chart set up ...


EDIT March 29 2015 ... addding this :

[Bull:] "Thanks Littleshark, I have studied and used that system in the past and think that it's excellent. Here is the chart setup that I like for BB trading. You can get by with a stochastic but the %B performs much the same and shows precise BB/price relationship. Thanks again for digging up the videos!!"
 
littleshark said: 
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January 22, 2014 8:11 PM (edited on: October 6, 2016 )
pg.4 [CMAC38:] "Picture of money chart.

moneystuff" or 12-18-14 NWGC ... 


added 4-29-2014 a WSK chart set up AAPL ...

10-6-2016 cmac volume by price chart ...
 
littleshark said: 
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February 6, 2014 3:35 AM (edited on: May 8, 2014 )
copy & paste from penny board to save this for future use :



aegy & fffc ... geesh it hurts to miss basing breakouts like those when you had them on your watch list as they were basing ... HAVE to study those intently ... so i can jump on the next baseing break out ... now what were the signals ???

FAST AEGY & FAST FFFC charts during basing BEFORE the BREAKOUT :

congested 3-10-20 lines ... 

rsi(4) up out of the brown with higher low &/or above 50 line BEFORE the break out ... 

with price closing above the c-line ... 

and with 3ema and 10ema switching to ABOVE the c-line a few days BEFORE the break out !!! ... 

adx green line going above red line well before the break out and staying ABOVE !!! ...

macd blk/red lines traveling along the zero line ...

adx black line above gr/red lines ...

not bad for a "fast" chart that i invented - that maybe no one else has it any where in the world ??? - i've never seen any one post such achart in last 30 years ...

basing stock pre-breakout signs lesson 101 by sharky ...
 
littleshark said: 
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February 7, 2014 3:03 PM (edited on: May 8, 2014 )
CMAC ... JALA you once asked me to find 'em just as they are about to break out ... 

you found this one a year ago but didn't know WHEN to buy it exactly and you said you didn't get in for the run ... 

well buddy, after a year plus of testing and chart study ... i now can tell you how to know when to buy those stocks you are watching & waiting on ... 

use my new rule "buy when the 10ema upcrosses the 50ma and price is above the 50ma" ... 

check the entry that gave on JALA on daily2 chart ... 

and check that as an entry on any other stock as it took off ... % correct entry is high on that system ... 

so now we don't have to wonder any more ... an age old problem solved by Sharky ...
 
littleshark said: 
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February 16, 2014 6:13 AM
info on how my systems work :

penny board page 58 cmac post 2-15 7:59pm and my posts pg58 2-16 at 2:02am & 2:22am & 2:47am & 3:19am ...

penny baord pg.50 2-11-14 at 1:10am & 1:33am ... warning post describing SOME of the various risks of trading penny stock ... a must read for any one new to penny stock IMO ...

more system rules and examples on pg.3 of THIS board 9-9-13 9:30am post and then drop down to 11-25-13 post 9:29pm and the posts after that ... includes the "predictive" 7 calendar day system ... ... always nice to see into the future - right ???
 
littleshark said: 
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February 23, 2014 5:50 PM
guys try your plays in this fast chart "MONEYSTUFF" version ... can't change the A/D setting so that is a standard setting ... but i did change the CFM from "20" to "5"
 
littleshark said: 
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February 26, 2014 7:27 PM
penny board pg.69 February 23, 2014 3:01 PM Edit Quote This Flag Private Message 
>>> !!! ... ATTENTION !!! ... kiddies ... you don't want to miss ACE's lesson on reading A/D & CMF on XLY on pg.26 of nasaq board 2-23-14 at 9:55am ... 

once you have that back ground ... 

see my new CMF FIND on the fast chart same pg. 2-23-14 at 2:34pm ... (:- .........

CMAC ... YOU ... should find that VERY intriqueing !!!
 
littleshark said: 
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February 26, 2014 7:42 PM
fast chart perfect pattern :

1.blue bars should rise 3 days before the adx black line inversion buy signal generates...more thant 3 days of rising foretells a stronger buy signal coming and less than 3 days of rising blue bars foretells a weaker buy signal coming.

2. macd black line should up cross the red line the day of the price low which is the day before the adx buy signal.

3. rsi4 needs to upcross the 50line to be "in sinc" so you can buy the signal

4. adx green line has to upcross the red line to be "in sinc"

5. the day after the buy signal the 3ema cross of the 10ema in the perfect pattern

6. the next day after "5" the 3ema and 10ema upcross the bb-center line (20day)
 
littleshark said: 
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March 19, 2014 10:16 PM
if you are going to play with penny stocks ... read this first - so you understand the game ... scams ...
 
littleshark said: 
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June 27, 2014 2:59 PM
starting myself a list of some trading "guidlines" :

cmac ... since I noted it a couple weeks ago ... and you agreed then ... we really need to watch for divergences as STRONG signals of whether the patterns are likely to complete or not ... often we forget to look for them !!!!!!!!!! ...

also ... when we see a move up ... we should always check to see if there is increased buy volume bars to support it ... if not, then the move up is suspect ...

RULE #1 : always check the 3 year (or longer or monthly chart) on a new stock to determien life of the stock, and trend and past horizontal support and resistance lines ...
 
littleshark said: 
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July 25, 2014 2:05 PM (edited on: December 18, 2016 )
a WOODY chart of his favorite play ... UVXY ...

EDIT 8-4 ... correction ... that is a Woody chart ... but is of P.H.'s favorite play ...
 
littleshark said: 
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August 6, 2014 9:48 AM
ACE's charts are on page 4 ...
 
littleshark said: 
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August 16, 2014 3:14 AM (edited on: March 4, 2015 )
i am starting a new langauge ... beginning of words are CAPITOLIZED ... letters in the middle of words are small letters ... here is the list of abreviations that i will use when writing posts from now on ... the list will be added to as i make up more abreviations :

BB _ Bollinger Bands ... BC _ Black Candlestick ... BCS _ Black Candlestick System ... Bo _ Breakout ... BS _ Buy Signal ... Bt _ Bottom ... Bu _ bullish or bull ... Bf _ bullflag ... Be _ beraish or bear ... BI _ BOTTOM IN ...

CDW+- _ "Calendar Day of the WEEK + or - 1 DAY" system ... CTB _ Chart Theory Board ... Cg _ congested ... CLOD _ Close Low Of Day ... CLOW _ Close Low Of Week ... COB _ Charts Only Board ...

Dg _ Dogi ... DbT _ Double TOP ... DbB _ Double Bottom ...

FP _ Full Picture ... 

HRVC _ "Hugest Red Volume Capitulation" bar ... Hf _ Headfake ... 

Id _ Indecision ... IS _ In Sinc ... 

Lg _ Lagging ... 

MC _ Minute Clues ...

ORRC _ Open Red Reversal Candlestick ...

PI _ Price Inversion ... PP _ Perfect Pattern ... Pb _ pullback ... PvPt _ Pivot points ... PL _ Price Labels ... PLT _ PL tops ... PLB _ PL Bottoms ... PLL _ PL Lines ...

RC _ Red Candlestick ... Rst _ resistance ... RHCB _ RED HAMMER Capitulation BOTTOM ...

SC _ Subtle Clues ... SD _ Slam Dunk ... SL _ Swing Low ... SCL _ Shorthand Code List ... SWCBC _ "Shooting Star WC follwoed by a BC" topping pattern ... SLMLT _ "Stop Leaving Money Lay on the Table" system ... 

TTD _ This Time is Different ... TI _ TOP IN ... 

Up _ upside ... 
WC _ White Candlestick ...
 
littleshark said: 
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September 12, 2014 11:19 PM (edited on: October 24, 2014 )
SHIPPERS ... by Shack ...
 
littleshark said: 
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Joined: Aug 22, 2010
Posts: 30787
September 30, 2014 4:22 PM (edited on: October 25, 2014 )
adding this to the "library" here for posterity :


ACE said to :
Shark....Options Answers

Volume is the number of contracts written or traded on THIS day of trading.

Open Interest represents the number of contracts held by investors from PREVIOUS trading days. So, when you see volume 2 and open interest 0 that means there were no previous contracts being held by traders and so today represents the first trades in that contract. 

Generally speaking, the more open interest, the more liquidity there is in a contract which makes for tighter bid/ ask spreads. A contract with very little open interest and low volume will have wide spreads and often will trade only on the bid and ask price which are set by the market maker controlling the contract.
This site and its message board reflects opinions of individuals only, and should not be understood to offer advice on investing or trading. Investing in stocks, bonds, options, futures or other uninsured investments can lead to substantial financial losses. Always consult a Registered Investment Advisor/Broker. Visit my blog at http://www.Blog.AceStockTrader.com .
 
littleshark said: 
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Posts: 30787
October 25, 2014 4:37 PM (edited on: March 4, 2015 )
Full Picture System : FAST _ FAST2 _ DAILY _ DAILY2 _ DAILY3 _ WEEKLY _ WEEKLY ZOOM IN _ 7 charts ... have added a couple more weekly charts in chart linking post above ... 
IT system ... includes macd blk/red cross down confirmation of top in 
ADX system with "perfect pattern" 
Calendar Day of the week system + or - 1 day
Black Candlestick system
CLOD or CLOW bottom system
"3 day channel" system on FAST2 chart 
MFI/CMF(8) system on DAILY2 chart
RSI's System
cmac falling knife bottom basing scalping system 
weekly chart stock "lives" system
price pop as it runs sideways into rising average line system 
"Blood in the Streets" system ... 
"Price Labels" for immediate trend system ...

didn't invent - but like systems :
Red Hammer system 
Bollinger Bands system 
open red candlestick reversal system
shooting star top candlestick
3 candlestick reversal system 
2 candlestick shooting star + BC top in system 
"swing low" or "swing high" system
positive & negative divergences
Pivot Points

__________________
ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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Reply with quote  #6 

CHART THEORY- Chart Pattern Examples [icon_pulldown] : Examples of Chart Patterns

 
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littleshark said: 
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March 12, 2015 11:15 PM (edited on: December 14, 2016 )
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littleshark said: 
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March 12, 2015 11:49 PM (edited on: December 14, 2016 )
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littleshark said: 
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littleshark said: 
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March 13, 2015 12:29 AM (edited on: December 14, 2016 )
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littleshark said: 
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littleshark said: 
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March 22, 2015 2:40 PM
march 2015 pennyboard page 64 for "how to choose which charts to own" & pg.64 bottom post/cont'd pg.65 top post "signs of a bottom" rules ...
 
koog said: 
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November 8, 2015 4:44 PM (edited on: December 21, 2016 )
I am placing a link here on the Charts Theory board to each of my favorite chart setups...
The Money
5 Energies
6Mo Standard
CMAC's Pivoting Sunset
And Littleshark's Slow Bband and Fast Bband Overlays
Weekly
Littleshark's Tricksy
The %B MFI10 chart using .8 and 80
Ace's Triple XXX
CMAC's Perfect Conditions.....Modified...Weekly....
Shacknasty's Keltner Force chart. I modified candles and volume color..
 
littleshark said: 
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February 1, 2016 9:48 AM
pasting this from Feb. 1 Penny bard - just because want to save it for posterity for new forum members to ponder on :

(paste)

IBB ... compare now to last two times RSI went brown zone ... 

one might wonder ??? >>> why are blue bars and RSI showing some positive divergence to price now ??? ... ,,, ... BECAUSE > annotate horizontal line on 1st ADX green line dip at far left of the chart and you will then see WHY ?? at the right of the chart ... (advances usually start after adx green line goes under 10 line)


one useful tool we often fail to utilize is "annotate" ... annotate VERTICAL lines on each of the 4 RSI brown dips to help truly analyze the whole chart differences ... what is different at that VERTICAL line THIS TIME ???

tip ,,, each day annotating a horizontal line on last price is always a good idea to see how price is reacting to the past ...

tip ,,, angled lines on the last two PLT's and last two PLB's usually instantly shows what wedge pattern price is being controlled by ... 

tip ,,, horizontal lines on past lows and past highs often brings next support or resistance into view ... and also often makes "indecision" points jump out as those horizontal lines cross the before mentioned PL lines !!! 

yet how often do we actually look at stuff like that each day ??? ... ,,, ... doing it each day on our ACTUAL money plays - would make us instantly aware when something major changes - instead of noticing the change days later in hind sight !!!
(end paste)
 
littleshark said: 
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February 12, 2016 11:46 AM
by Koog on Penny board:


February 12, 2016 9:46 AM Quote This Flag Private Message
Yes, I used the Inspect check box at the top of the chart for a horizontal line at Stockcharts..
I seen it first using the streaming chart at Investing.com At the top of that page put a symbol in the box and enter. It will give you a nice streaming chart from 1 min to 1 month. Be sure and click the candlestick because it'll default as a solid mountain chart... A streaming chart is nice ...


then:

{Littleshark}Koog ... I didn't find where "Inspect check box" is at on GRPN chart above ??? ... HELP ME find it ...

{KOOG}Look where you typed in the symbol (GRPN)... Next, to the right, is (Daily) in the period box.... After that is (Update) where you click to update the chart .... Then is a small magnifying glass, then the word Inspect, then a small box.... Click that small box and put a check mark in it.... Then hover over the chart.... That will give you a horizontal line... Be sure to uncheck the box when you are finished or it'll cause problems elsewhere on other charts that you may have open...

and:

HERE is a link to a streaming GRPN chart at Investing.com ... If you click on this link it'll take you to the default chart. You will need to click on the candlestick view at the top left corner of the chart. Then you can choose the time frame of your choice... There is also an interactive chart that I have tinkered with that has some indicators and moving average lines to add....

To change to a different symbol (stock) type the symbol in the box at the top of the page and hit enter..
 
littleshark said: 
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February 23, 2016 6:17 PM (edited on: December 7, 2016 )
ACE "style" Triple X chart system ... JNJ ...


March 14 reading Chart School lessons on using average lines for Long Term trend - Intermediate trend - Short term trend - signals ... and Support/Resistance lesson ... had some stuff in one of the lessons about macd - macd & PPO are based on EMA average lines - so don't match up with SMA average lines on a chart exactly ... to match them up ... use EMA average lines as they do in trend lesson ... and change macd to match your ema average lines on the chart with a 1 at the end ,,, macd crosses of zero line will then match the ema line cross overs ... as in this "Short term trend" identifying chart that I developed from reading the Chart School lessons:

SPX

read the Chart School trend lesson to see what average lines one is supposed to use on Monthly and Weekly and daily charts ... 

and to see what EMA average lines one is supposed to use for Intermediate trend signals ,,, and for Long term trend signals ... 

the SPX daily chart above uses their recommendations for "Short Term" trend signals ... 

BUT you need to read the lessons to see when the signals are "bullish" - "neutral" - "bearish" ... depending on where they occur in relation to the longer 50ema line ...
 
littleshark said: 
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March 17, 2016 1:37 AM (edited on: January 3, 2017 )
the BB bands changed to the "Short term Decision Point" chart ema's adx 3 with ema's version ... (veriant version)
 
AceStockPlayer said: 
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Posts: 12325
March 19, 2016 12:44 AM
One more time....for those who don't understand what the Triple-X ("Triple Cross") system is...

I won't be saying too much more about it for awhile, but on the other hand, I keep showing readers these signal charts and maybe you don't know that the 3 main elements of the signal are? 

This NFLX chart will explain it in easy to understand concepts...it is actually a very simple system....

And like anything else, it should be combined with other signals for the best results...for instance, the Triple-X on this NFLX chart has occurred near a wedge line breakout, thus you have two signals both telling you that the stock is in a good entry point now....

The Triple-X also works for those looking for short opportunities or simply those traders looking for an exit signal....no guarantees with this system (nor any other system out there)....but as you might have noticed, it works quite well on a lot of charts....it does require a little patience as this is a SWING TRADER's system, so if you are a day trader, you may struggle with a concept where you have to stay in the position for at least several days...and sometimes weeks... However, because the timeframe is longer, your chances of making very large profits are increased, imho....

NFLX daily chart with Triple-X principles explained

BTW, I reference the ADX 65 graph in this chart, but the ADX 50 can also be used instead of the ADX 65....I tend to use the ADX 65 with large cap stocks and ETFs and the ADX 50 with small and mid-caps and otherwise with high beta stocks. 

When you hear me reference an "early" signal, what that means is that two of the three crosses ("elements') of the Triple-X system are in place. Many early signal trades are successfully carried out, imho...but not all, and that's why it is important to watch for all three crosses to truly confirm the strength of the move....Never act if only one of the three crosses is in place, but if there is one cross that is more important than the other two, it's most likely the cross of price against the 50 dma line. Good luck with the system, and sure, you can experiment with it in trying to add your own embellishments to it...but also be careful not to forget the KISS principle, because making the simple system over-complicated can dilute its effectiveness.

This site and its message board reflects opinions of individuals only, and should not be understood to offer advice on investing or trading. Investing in stocks, bonds, options, futures or other uninsured investments can lead to substantial financial losses. Always consult a Registered Investment Advisor/Broker. Visit my blog at http://www.Blog.AceStockTrader.com .

 
littleshark said: 
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Joined: Aug 22, 2010
Posts: 30787
November 8, 2016 4:40 AM
POT stock lists:

a) 11-7-2016 close ... pot -.05 ... also stocks that Stockcharts doesn't chart in this price range : pura,rfmk,usmj,ngbl,mjmj,mdcn,latf,mrib,exmt,erbb,pzoo,incc,

b) 11-7-2016 close ... POT .05~.50 ... POT .05~.50 cont'd ... also FRLF that Stockcharts doesn't chart ...

c) 11-7-2016 close ... POT .50 plus ... POT .50 plus cont'd ... also MJNE that Stockcharts doesn't chart ...

change time frame or chart indicator as desired after opening a chart ...

c) lists include 4 big board stocks(non OTC Market) ... all the other stocks are OTC Market stocks ='s Over The Counter Market ...
 
littleshark said: 
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November 8, 2016 5:21 AM (edited on: November 29, 2016 )
9-29-2016 adding low priced lists:

low #1 ,,, low #2 ,,, low #3 ...

----------------------------------------------------------------------------------------------------------------------------------------------------------------

Oct.5 GAP test watch lists:

GAP 1 list ... GAP 2 watch list ...

extend chart time frame as needed to see some of the GAPS ... so far ~ few GAPS have filled ='s once down ,,, they tend to stay down the test seems to show ...

-----------------------------------------------------------------------------------------------------------------------------------------------------------------

August/Sept. Penny Board watch lists:

list 1 ... list 2 ... list 3 ... list 4 ... list 5 ... list 6 ... list 7 ... list 8 ... list 9 TGD ??? ...

------------------------------------------------------------------------------------------------------------------------------------------------------------

Penny Board "blood" paper test buy list ...

prices were below BB(50,2) lower BB band at new lows when "paper test bought" on Oct.4 -5-6,2016 ...

test rules gave us 2 months to exit with a "paper profit" on the buys ... the test wants to see if a "buy blood & hold" strategy would produce a profit with in two months on average ... 

testing the "theory" that "new chart lows below BB(50,2) lower BB band ~ should be ~ oversold conditions" ... 

blood test list ...

note that at time of "test paper buy" COSI had no "Q" on it ,,, and MGTI was just MGT ...

one other purpose of the list ~ is to check the stocks on our chart views to see what signals there were before price took back up ,,, for future use ...

as of 11-7-2016 close ~ only EXK is giving us a gain ...
 
littleshark said: 
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November 14, 2016 11:19 AM (edited on: December 29, 2016 )
From Penny Board 11-14-2016 am ... 

[CMAC38:] "So sharky, on NUGT is the 20 lower bb going to come out past the 50 and give the stacked 3,20,50 on the lower bb's?"



YES ,,, 3ma direction says so ... 

plus ,,, you don't have to count back 20 days ~ get there by just counting back 4 Monday lines ... 

you can see that higher prices are going to keep dropping out of the 20ma & 50 ma averages(10 Monday lines back) ... 

so the average lines will keep falling ... 

and the BB bands will have to follow ... 

20ma will fall faster then 50ma ,,, 

so the 20ma bands will down cross the 50ma bands ...

for a bottom ~ watch for a bottom pattern on solid line ,,, and for lower chart indicators blk/red line up turns ,,, and for a long tail below BB(3,2) lower BB band ... 

some may then wait for a break out of the bottom pattern neckline ~ to get a later but less risky entry ...

a higher low will be an ALERT signal after the bottom ,,, and a break out of the higher low past previous plt high ~ will be an entry signal ...

watch for a top on UUP as another signal that $GOLD may be ready to bounce ... (see chart and chart read in a post just above ~ on Penny Board)

and look for a bottom on TLT ,,, has an ORRC intraday so far ,,, why ??? ,, because TLT price drops as yield rises ~ signaling inflation ='s higher interest rates ~ which are considered bad for no interest paying GOLD ...

cmac ,,, those are the patterns and signals that I have learned in the past month or so on TRICKSY chart view ... hope that helps with today ~ and with drawing in the WHITE SPACE future action now ...

NUGT Price as Solid Line has no bottom pattern printing yet ...

and no positive divergence ,,,

EXCEPT has some positrive divergence today intraday so far on the %B ... 

if you have studied many charts on TRICKSY view ,,, you should know that most often %B will be the first to print some positive divergences ,,, similar to macd sometimes does that early while prices are still falling ...

%B could have an inverted H&S left shoulder at this moment ,,, early to say that ,,, but is something one should watch for development ,,, "if" a head forms on %B ,,, one would want to watch price and the other indicators for patterns to start on those also then ... and the stacking of the lower BB Bands ... don't miss the signal of a lower band turning back up to support price after the bottom prints ...
 
littleshark said: 
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November 14, 2016 11:26 AM
cont'd from post above ,,, in this TRICKSY version ... watch for the bull's gaining strength signal of the 8ema up crossing the 8ma ...

see that easier on the TRICKSY "volume by price" version ...
 
littleshark said: 
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November 20, 2016 7:42 PM
new Saturday 11-19 weekend blood watch list for TRICKSY entry signals ...
 
littleshark said: 
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November 22, 2016 4:13 PM
watch the new week end blood watch list ...

IMUC ,,, a RH inside the TRICKSY "buy me" signal candlestick of the previous day ... RH body held in the DEMAND bar ... expect the RH here is marking a higher low bottom IMO ... price should rise now ... we'll see ... the VBP bar was SUPPLY resistance to the 11-21 WC ... 

but I see it as DEMAND support now since price pulled back in consolidation ...

as the weekend Chart School lesson said ,,, the candlesticks simply represent the sum total of the crowds fear or greed ... 

as the price starts to rise on the chart ... that fear starts to turn into greed ... the higher price rises ... 

the RH has a long tail below ~ so it seems greed won the day over fear emotion ...

I really liked how the Chart School lesson described crowd fear & greed ...
 
littleshark said: 
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November 28, 2016 1:13 PM
 
littleshark said: 
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December 7, 2016 12:46 PM (edited on: December 30, 2016 )
Chart School trend lesson Decision Point lesson ...

Chart view for PH ... ema variant #1 for average lines acting as support on dips ... !!! ema's !!! ~ NOT MA's(Nov.3 & 4) ... per Chart School lesson linked above ..

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acestocksplayer

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Reply with quote  #7 

CHART THEORY- Chart Pattern Examples [icon_pulldown] : Examples of Chart Patterns

 
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littleshark said: 
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December 10, 2016 11:26 AM
Trading basics:

Trading an Uptrend by definition "two higher highs & two higher lows":

connect the highs and extend the line out into the white space ... connect the lows and do same ...

buy lows at bottom line ... book profits when price gets close to upper line ...

rinse & repeat ... UNTIL uptrend gets broken by either :

1) a LOWER low or LOWER high printing

2) price breaks & closes below your bottom uptrend line ...

p.s. ... Stair Step System helps a lot too in trading an uptrend ...

---------------------------------------------------------------------------------------------------------------------------------------------

OK ... your turn to post a KISS simple "Trading Basics" post ...

this "could' get to be fun & educational ...

"remove the "noise" ... and show the "basics" of successful trading ...
(end)

please replyon Nasdaq Board or Penny Board ... where all will see your reply ... this board gets seldom used ... so makes a good reference liabrary where we can find past posts in a hurry ... 

see ACE's chart examples and explainations on pg. 4
 
littleshark said: 
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December 10, 2016 4:04 PM
cmac trading advice:

Here is where it starts IMO.

1. Determine the risk of the trade.
2. Determine the size of the position.
This must take into consideration the account value and how the new trade amount influences the total account value and position balance. Risk management is crucial.
3. No trade can be made without stop exit and profit plan. One or more profit points.
No defineable and complete plan means there is no trade.
4. Hard and fast rule. When your stop loss is hit, you are out period no exceptions. You can always get back in when, if, a new buy signal occurs.
5. Hard and fast rule. Take profits. Period, end of story.
6. Emotional management is best fulfilled by sticking to the above rules.
7. Every trade will not produce profits which makes the above rules mandatory.

Determine what kind of trader you want to be and what your goals are.
Choose (create) a trading system consistent with both. The system must also be consistent with emotional make up as well as risk being properly managed.

Charts and TA cannot be of benefit if the above isn't followed.
 
littleshark said: 
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December 28, 2016 11:23 AM
WOODY :


December 28, 2016 9:19 AM
ACE ... 13ema ... Elder says trade in the direction of 13ema slope. When Force(13) positive bulls in control. Trade using Force(2) ... buy when negative (or add to position) and sell when positive. If Force(2) makes a new low for the past 30 days time to bail. Hope I've paraphrased that correctly. Divergences valid indicators.

XGD chart
(end)

find his chart pg.24 Nasdaq board on Dec.28-2016 ...

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Reply with quote  #8 
Quote:
Originally Posted by acestocksplayer

CHART THEORY- Chart Pattern Examples [icon_pulldown] : Examples of Chart Patterns

 
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littleshark said: 
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March 12, 2015 11:15 PM (edited on: December 14, 2016 )
deleted
 
 
 
 

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March 22, 2015 2:40 PM
march 2015 pennyboard page 64 for "how to choose which charts to own" & pg.64 bottom post/cont'd pg.65 top post "signs of a bottom" rules ...
 
koog said: 
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Posts: 2951
November 8, 2015 4:44 PM (edited on: December 21, 2016 )
I am placing a link here on the Charts Theory board to each of my favorite chart setups...
The Money
5 Energies
6Mo Standard
CMAC's Pivoting Sunset
And Littleshark's Slow Bband and Fast Bband Overlays
Weekly
Littleshark's Tricksy
The %B MFI10 chart using .8 and 80
Ace's Triple XXX
CMAC's Perfect Conditions.....Modified...Weekly....
Shacknasty's Keltner Force chart. I modified candles and volume color..
 
littleshark said: 
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February 1, 2016 9:48 AM
pasting this from Feb. 1 Penny bard - just because want to save it for posterity for new forum members to ponder on :

(paste)

IBB ... compare now to last two times RSI went brown zone ... 

one might wonder ??? >>> why are blue bars and RSI showing some positive divergence to price now ??? ... ,,, ... BECAUSE > annotate horizontal line on 1st ADX green line dip at far left of the chart and you will then see WHY ?? at the right of the chart ... (advances usually start after adx green line goes under 10 line)


one useful tool we often fail to utilize is "annotate" ... annotate VERTICAL lines on each of the 4 RSI brown dips to help truly analyze the whole chart differences ... what is different at that VERTICAL line THIS TIME ???

tip ,,, each day annotating a horizontal line on last price is always a good idea to see how price is reacting to the past ...

tip ,,, angled lines on the last two PLT's and last two PLB's usually instantly shows what wedge pattern price is being controlled by ... 

tip ,,, horizontal lines on past lows and past highs often brings next support or resistance into view ... and also often makes "indecision" points jump out as those horizontal lines cross the before mentioned PL lines !!! 

yet how often do we actually look at stuff like that each day ??? ... ,,, ... doing it each day on our ACTUAL money plays - would make us instantly aware when something major changes - instead of noticing the change days later in hind sight !!!
(end paste)
 
littleshark said: 
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February 12, 2016 11:46 AM
by Koog on Penny board:


February 12, 2016 9:46 AM Quote This Flag Private Message
Yes, I used the Inspect check box at the top of the chart for a horizontal line at Stockcharts..
I seen it first using the streaming chart at Investing.com At the top of that page put a symbol in the box and enter. It will give you a nice streaming chart from 1 min to 1 month. Be sure and click the candlestick because it'll default as a solid mountain chart... A streaming chart is nice ...


then:

{Littleshark}Koog ... I didn't find where "Inspect check box" is at on GRPN chart above ??? ... HELP ME find it ...

{KOOG}Look where you typed in the symbol (GRPN)... Next, to the right, is (Daily) in the period box.... After that is (Update) where you click to update the chart .... Then is a small magnifying glass, then the word Inspect, then a small box.... Click that small box and put a check mark in it.... Then hover over the chart.... That will give you a horizontal line... Be sure to uncheck the box when you are finished or it'll cause problems elsewhere on other charts that you may have open...

and:

HERE is a link to a streaming GRPN chart at Investing.com ... If you click on this link it'll take you to the default chart. You will need to click on the candlestick view at the top left corner of the chart. Then you can choose the time frame of your choice... There is also an interactive chart that I have tinkered with that has some indicators and moving average lines to add....

To change to a different symbol (stock) type the symbol in the box at the top of the page and hit enter..
 
littleshark said: 
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February 23, 2016 6:17 PM (edited on: December 7, 2016 )
ACE "style" Triple X chart system ... JNJ ...


March 14 reading Chart School lessons on using average lines for Long Term trend - Intermediate trend - Short term trend - signals ... and Support/Resistance lesson ... had some stuff in one of the lessons about macd - macd & PPO are based on EMA average lines - so don't match up with SMA average lines on a chart exactly ... to match them up ... use EMA average lines as they do in trend lesson ... and change macd to match your ema average lines on the chart with a 1 at the end ,,, macd crosses of zero line will then match the ema line cross overs ... as in this "Short term trend" identifying chart that I developed from reading the Chart School lessons:

SPX

read the Chart School trend lesson to see what average lines one is supposed to use on Monthly and Weekly and daily charts ... 

and to see what EMA average lines one is supposed to use for Intermediate trend signals ,,, and for Long term trend signals ... 

the SPX daily chart above uses their recommendations for "Short Term" trend signals ... 

BUT you need to read the lessons to see when the signals are "bullish" - "neutral" - "bearish" ... depending on where they occur in relation to the longer 50ema line ...
 
littleshark said: 
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Posts: 30787
March 17, 2016 1:37 AM (edited on: January 3, 2017 )
the BB bands changed to the "Short term Decision Point" chart ema's adx 3 with ema's version ... (veriant version)
 
AceStockPlayer said: 
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Joined: Aug 16, 2010
Posts: 12325
March 19, 2016 12:44 AM
One more time....for those who don't understand what the Triple-X ("Triple Cross") system is...

I won't be saying too much more about it for awhile, but on the other hand, I keep showing readers these signal charts and maybe you don't know that the 3 main elements of the signal are? 

This NFLX chart will explain it in easy to understand concepts...it is actually a very simple system....

And like anything else, it should be combined with other signals for the best results...for instance, the Triple-X on this NFLX chart has occurred near a wedge line breakout, thus you have two signals both telling you that the stock is in a good entry point now....

The Triple-X also works for those looking for short opportunities or simply those traders looking for an exit signal....no guarantees with this system (nor any other system out there)....but as you might have noticed, it works quite well on a lot of charts....it does require a little patience as this is a SWING TRADER's system, so if you are a day trader, you may struggle with a concept where you have to stay in the position for at least several days...and sometimes weeks... However, because the timeframe is longer, your chances of making very large profits are increased, imho....

NFLX daily chart with Triple-X principles explained

BTW, I reference the ADX 65 graph in this chart, but the ADX 50 can also be used instead of the ADX 65....I tend to use the ADX 65 with large cap stocks and ETFs and the ADX 50 with small and mid-caps and otherwise with high beta stocks. 

When you hear me reference an "early" signal, what that means is that two of the three crosses ("elements') of the Triple-X system are in place. Many early signal trades are successfully carried out, imho...but not all, and that's why it is important to watch for all three crosses to truly confirm the strength of the move....Never act if only one of the three crosses is in place, but if there is one cross that is more important than the other two, it's most likely the cross of price against the 50 dma line. Good luck with the system, and sure, you can experiment with it in trying to add your own embellishments to it...but also be careful not to forget the KISS principle, because making the simple system over-complicated can dilute its effectiveness.

This site and its message board reflects opinions of individuals only, and should not be understood to offer advice on investing or trading. Investing in stocks, bonds, options, futures or other uninsured investments can lead to substantial financial losses. Always consult a Registered Investment Advisor/Broker. Visit my blog at http://www.Blog.AceStockTrader.com .

 
littleshark said: 
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Joined: Aug 22, 2010
Posts: 30787
November 8, 2016 4:40 AM
POT stock lists:

a) 11-7-2016 close ... pot -.05 ... also stocks that Stockcharts doesn't chart in this price range : pura,rfmk,usmj,ngbl,mjmj,mdcn,latf,mrib,exmt,erbb,pzoo,incc,

b) 11-7-2016 close ... POT .05~.50 ... POT .05~.50 cont'd ... also FRLF that Stockcharts doesn't chart ...

c) 11-7-2016 close ... POT .50 plus ... POT .50 plus cont'd ... also MJNE that Stockcharts doesn't chart ...

change time frame or chart indicator as desired after opening a chart ...

c) lists include 4 big board stocks(non OTC Market) ... all the other stocks are OTC Market stocks ='s Over The Counter Market ...
 
littleshark said: 
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Joined: Aug 22, 2010
Posts: 30787
November 8, 2016 5:21 AM (edited on: November 29, 2016 )
9-29-2016 adding low priced lists:

low #1 ,,, low #2 ,,, low #3 ...

----------------------------------------------------------------------------------------------------------------------------------------------------------------

Oct.5 GAP test watch lists:

GAP 1 list ... GAP 2 watch list ...

extend chart time frame as needed to see some of the GAPS ... so far ~ few GAPS have filled ='s once down ,,, they tend to stay down the test seems to show ...

-----------------------------------------------------------------------------------------------------------------------------------------------------------------

August/Sept. Penny Board watch lists:

list 1 ... list 2 ... list 3 ... list 4 ... list 5 ... list 6 ... list 7 ... list 8 ... list 9 TGD ??? ...

------------------------------------------------------------------------------------------------------------------------------------------------------------

Penny Board "blood" paper test buy list ...

prices were below BB(50,2) lower BB band at new lows when "paper test bought" on Oct.4 -5-6,2016 ...

test rules gave us 2 months to exit with a "paper profit" on the buys ... the test wants to see if a "buy blood & hold" strategy would produce a profit with in two months on average ... 

testing the "theory" that "new chart lows below BB(50,2) lower BB band ~ should be ~ oversold conditions" ... 

blood test list ...

note that at time of "test paper buy" COSI had no "Q" on it ,,, and MGTI was just MGT ...

one other purpose of the list ~ is to check the stocks on our chart views to see what signals there were before price took back up ,,, for future use ...

as of 11-7-2016 close ~ only EXK is giving us a gain ...
 
littleshark said: 
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Joined: Aug 22, 2010
Posts: 30787
November 14, 2016 11:19 AM (edited on: December 29, 2016 )
From Penny Board 11-14-2016 am ... 

[CMAC38:] "So sharky, on NUGT is the 20 lower bb going to come out past the 50 and give the stacked 3,20,50 on the lower bb's?"



YES ,,, 3ma direction says so ... 

plus ,,, you don't have to count back 20 days ~ get there by just counting back 4 Monday lines ... 

you can see that higher prices are going to keep dropping out of the 20ma & 50 ma averages(10 Monday lines back) ... 

so the average lines will keep falling ... 

and the BB bands will have to follow ... 

20ma will fall faster then 50ma ,,, 

so the 20ma bands will down cross the 50ma bands ...

for a bottom ~ watch for a bottom pattern on solid line ,,, and for lower chart indicators blk/red line up turns ,,, and for a long tail below BB(3,2) lower BB band ... 

some may then wait for a break out of the bottom pattern neckline ~ to get a later but less risky entry ...

a higher low will be an ALERT signal after the bottom ,,, and a break out of the higher low past previous plt high ~ will be an entry signal ...

watch for a top on UUP as another signal that $GOLD may be ready to bounce ... (see chart and chart read in a post just above ~ on Penny Board)

and look for a bottom on TLT ,,, has an ORRC intraday so far ,,, why ??? ,, because TLT price drops as yield rises ~ signaling inflation ='s higher interest rates ~ which are considered bad for no interest paying GOLD ...

cmac ,,, those are the patterns and signals that I have learned in the past month or so on TRICKSY chart view ... hope that helps with today ~ and with drawing in the WHITE SPACE future action now ...

NUGT Price as Solid Line has no bottom pattern printing yet ...

and no positive divergence ,,,

EXCEPT has some positrive divergence today intraday so far on the %B ... 

if you have studied many charts on TRICKSY view ,,, you should know that most often %B will be the first to print some positive divergences ,,, similar to macd sometimes does that early while prices are still falling ...

%B could have an inverted H&S left shoulder at this moment ,,, early to say that ,,, but is something one should watch for development ,,, "if" a head forms on %B ,,, one would want to watch price and the other indicators for patterns to start on those also then ... and the stacking of the lower BB Bands ... don't miss the signal of a lower band turning back up to support price after the bottom prints ...
 
littleshark said: 
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Joined: Aug 22, 2010
Posts: 30787
November 14, 2016 11:26 AM
cont'd from post above ,,, in this TRICKSY version ... watch for the bull's gaining strength signal of the 8ema up crossing the 8ma ...

see that easier on the TRICKSY "volume by price" version ...
 
littleshark said: 
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Joined: Aug 22, 2010
Posts: 30787
November 20, 2016 7:42 PM
new Saturday 11-19 weekend blood watch list for TRICKSY entry signals ...
 
littleshark said: 
[icon_avatar]

Joined: Aug 22, 2010
Posts: 30787
November 22, 2016 4:13 PM
watch the new week end blood watch list ...

IMUC ,,, a RH inside the TRICKSY "buy me" signal candlestick of the previous day ... RH body held in the DEMAND bar ... expect the RH here is marking a higher low bottom IMO ... price should rise now ... we'll see ... the VBP bar was SUPPLY resistance to the 11-21 WC ... 

but I see it as DEMAND support now since price pulled back in consolidation ...

as the weekend Chart School lesson said ,,, the candlesticks simply represent the sum total of the crowds fear or greed ... 

as the price starts to rise on the chart ... that fear starts to turn into greed ... the higher price rises ... 

the RH has a long tail below ~ so it seems greed won the day over fear emotion ...

I really liked how the Chart School lesson described crowd fear & greed ...
 
littleshark said: 
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Joined: Aug 22, 2010
Posts: 30787
November 28, 2016 1:13 PM
 
littleshark said: 
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Joined: Aug 22, 2010
Posts: 30787
December 7, 2016 12:46 PM (edited on: December 30, 2016 )
Chart School trend lesson Decision Point lesson ...

Chart view for PH ... ema variant #1 for average lines acting as support on dips ... !!! ema's !!! ~ NOT MA's(Nov.3 & 4) ... per Chart School lesson linked above ..

__________________
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Enjoy the forum! Thanks, Mike
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Littleshark

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Reply with quote  #9 
ACE ,,, those candleglance lists from 2016 above still open if click on them ,,, even though they are not highlighted anymore ... ACE ,,, since you went to the new "board background" this weekend ... links in new posts are not highlighted any more  either ???
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slamminsam

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Reply with quote  #10 
Ace - I'm going to try to post my chart about NUGT.  I hope this is alright with you.  I'm still trying to learn how to maneuver this "new" site.  I posted a chart earlier, but I don't think it went through......so let me know....if this works out.  OK?  Thanks......Slammin sam
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acestocksplayer

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Reply with quote  #11 
HEY SLAMMER....YOU ARE WELCOME TO POST CHARTS LIKE ANYONE ELSE...

Great to see you back here! Go ahead and experiment a little...I might try and create a video to show people how easy it is to post charts...it really is easy once you see how it is done.

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ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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slamminsam

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Reply with quote  #12 
Mike - I'll try to post NUGT P/F chart again - which indicates it "should" go to 16.....Support is between 10 and 11, but doubtful it'll go down that far.  When I post the chart is says print preview - then I'm assuming it will be posted.  Is tis correct?  Slammin Sam
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slamminsam

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Reply with quote  #13 
Mike - I'm beginning to think I can't post charts on this particular board.  it doesn't come down at the bottom of the options - only "add reply" and More Reply Options.  Why isn't a "attach chart" available?  Thanks.  Sam

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Littleshark

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Reply with quote  #14 
HI Sam ,,, here I can't link a chart by doing the code ,,, have to use the tool bar icon for "link a chart" or for "insert photo" ... which are much easier then doing the code ...

when you click on the empty reply box ,,, a tool bar appears at the top ... do you see the tool bar of options ??? ... run your mouse cursor across the tool items ...

the green one will say "insert a photo" ... using that will insert your chart into the post ... 1) left click on the green icon ,,, 2) follow instructions > can insert photo or chart from "my computer" or another choice ... ask ACE for help if can't get it to work ... 3) hit ok ... your chart should show up in the post ...


or using the tool icon just to the left of the tool bar green icon ,,, will just provide the "link to the chart" ,,, will have to click on the link to see the chart ... like this ... http://schrts.co/6Urjvs ... click on the link to see the chart ... or better ~ mouse  "RIGHT click" on the BOLD blue link ,,, and choose "open in new window" ,,, the chart will appear ,, just close that window when done with the chart ,,, and you will be right back here in the original window ...

(to make the link stand out ,,, first add some dots or words after the link ,,, then run cursor over the link to make it blue ,,, then click on "B" for bold in the tool bar above ... it will get black ,,, then click to the right of the link someplace and that will end BOLD print ~ restricting bold only to what you had made blue ...)

hope this helps some Sammy ...

I don't know how to "insert photo" but ACE does it all the time so his charts show ,,, ask him if you can't get it to work by clicking on the green icon in the tool bar at the top of YOUR reply post box ...

Sammy ,,, you are posting on a board that ACE made to bring forward some of the stuff from the "old forum" ... ok to post here Sammy ,,, your posts will stand out here as this board seldom gets used ,,, good place to practice posting charts etc. ...

once you have it perfected ,,, post on the most recent months Nasdaq over $3.00 board(Feb. board) ,,, or on Penny Board for Feb. ...

you can also start your own "Sammy board" too if you wish ,,, like you had on the old forum ... ask if need help doing that ...

I see cuemaster(who used to post on your board to you) has registered here now ,,, he may be able to help with posting also ???

I hope something here helps Sammy ... once you get it figured out ,,, it is very easy to post charts or links to charts or articles ...

you can private message ACE or anyone also ...


ask here if you need help with that process ... it took me a few tries to get it right ... but is very easy to do now ...

if you want my phone number or someone else's phone number(like ACe's etc.) ,,, to help you by phone ,,, ask ,,, and I will at least "Private Message" you my Phone number ...
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Littleshark

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Reply with quote  #15 
ok Sammy ,,, I sent you a "private message" ,,, with instructions on how to do "private messages" ...

Sammy ,,, to read my message to you ... after you log in ,,, just look at top off this page ,,, off to the right ,,, see "private message" box ... & see "1 unread" ...

just click on "private message" and you will see your in box appear ... click on the message I sent you to read it ...
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