I often find all manner of reference to Technical Analysis whilst reading threads, questioning certain elements, asking for advice on indicators and also requesting advice on a stock and whether it's a good time to buy, sell, hold or remain indifferent. I am the first to admit that my own TA is still in its infancy, but I do spend time on expanding my knowledge (hopefully in the right direction!).

Rather than having to ask a TA question on a particular thread, perhaps this thread could be used as a forum for TA queries and become a knowledge base. Just a thought, if there is little or no interest, the thread will sink without trace and that will be the end of that. I will personally add a few snippets to help those with less knowledge (if that's possible) to keep things rolling. There is a danger that the thread will receive countless requests for opinions on a variety of stocks and there is only so much I can do alone, therefore I would more than welcome input from other posters, no matter how rudimentary they believe their own knowledge to be, hopefully some real experts will take the time to contribute.

Blair said "trust me"!.

The problem with TA is that it reflects the market, but doesn't lead it!

I use TA a lot in making B/S decisions, but in a market where sentiment is as edgy as it is at the moment would prefer to sit mainly in cash. I think I will watch others find the way out of the present turbulence.

If you like cup and saucers have a look at SPrice and volume of NIS. Almost perfect Saucer which sadly didn't come to much.

my chart guru reckons that if Dow breaks down through 13255, which is pretty much where it now sits, then 12000 becomes the downside target, though of course there would be upward spikes en route

break of 13205 will send the dow to 12700-12750 where there is strong support

You may well be correct, but it shouldn't be forgotten that there are also false breaks that can fool us all and set people scampering around not knowing which direction we're heading. I remain bullish with the FTSE100 PE on a multiple of about 12.

perhaps foolishly, have opened a Dow long, but only because i shall be able to monitor it carefully ..... may well close it tonight or at least set a tight(er) stop o'night

hmm not a day trade I hope lol

the dow = losers index

was just reading some of your "ta" posts from around the 11 July on this thread about TAN.. a classic lesson in why MAs mean shite all.. its just an indication of what has already happened...

you need forward thinking indicators not backwards..

my trades for today using the method I talked to cynic about on Falkland thread.. but only a shorter term timeframe.. I also use a couple of other momentum indicators for DAX.. but commods are easy with that method..

DYNA ..... looks like you called Dow wrong then doesn't it! ..... having bought at 12258 have now raised my stop to 12295 with Dow currently at 12350, so profit guaranteed ..... trust you did not short at a similar level!

as for MA's, of course they are (relatively) historic otherwise they could not be averages! ..... tealeaves tell the future and trends + momentum indicate likelihood

i am sure you are such a clever girl (or une femme d'une certain age) that 97.5% of your calls are correct, because apparently it is all so easy; in which case congrats and how come you have not become a tax exile?

i did'nt call it cynic you did, I just asked if it was a daytrade..

you were the one saying you dont daytrade lol!!..

cynic, my trades go through a limited company.. no need to be an exile.. and yes I get them wrong.. Im not saying its the holy grail, but with that method days like this are more common than not

on that note Ill leave you to your "TA" lol

Id love to see what TA told you to try and catch the falling knife on the DOW.. sounds like a bottom pick to me..

good luck with it sir

Seems a bit of a spat going on here, for what reason I'm not too sure. The whole idea of starting this thread was not to have a session of 'mine is bigger than yours' but to share trading methods based on TA. There is probably an argument for every type of indicator whether it be RSI, MAs or Donchian Channels. All have their uses dependant on the scenario at the time. Forward looking indicators, hmm, if they worked so well, we would all be millionaires, the holy grail of Technical Analysis.

pth

evening PT ..... what a silly girl; tells us all how daytrading is like taking sweets from a child, then tries to have a pop and can't take when it comes back to bite! ..... as it happens have raised trailing stop on Dow to 13325 and could well raise it further before the night is out ..... u and i are pretty much in accord methinks

closed Dow at 13335 = + 77 ..... too good a profit to let it be frittered away by greed

forward looking indicator means price action dumbos

its the only way with TA

byeeee

so much for "I dont daytrade"

lol ..

so would you be stupid and greedy enough to have just let a respectable profit run, especially in such brittle times? ...... damn fool if you would!

possibly the worst TA thread Ive ever come across!!.. now Ive had time to read properly

maybe you should all invest sometime elsewhere like T2W or Elite or such like.. rather than this old peoples home

so bugger off then!

cynic , your putting words in my mouth. Yes I would have closed it.. and probably earlier than that..

however I am questioning your "oh so high and mighty Im not a daytrader" stance to me on other threads.. then I see this

talk about lying!

no