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Author Topic: Chart setup  (Read 705 times)
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829
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« on: May 29, 2008, 09:14:06 AM »

I have tried to mirror the sample charts listed here, is there anything I missed?

I have setup my scottrade charts with:

Upper Indicators: Parabolic SAR, Bollinger Bands, & Price Channel

Lower Indicators: MACD, RSI, & DMI
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Greg
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« Reply #1 on: May 29, 2008, 10:05:38 AM »

ADX and or %B , both give the same thing..
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I know not what I do.  So, I just do it....
829
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« Reply #2 on: May 29, 2008, 12:29:21 PM »

Thank you, but what is %B? Bollinger Bands?
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Greg
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« Reply #3 on: May 29, 2008, 01:25:19 PM »

Thank you, but what is %B? Bollinger Bands?

Follow the current prices between the Bollinger bands...most of the time it follows the green ADX
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829
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« Reply #4 on: May 29, 2008, 01:27:27 PM »

Thank you.
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Tommy86
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« Reply #5 on: June 03, 2008, 10:31:20 AM »

829:

http://stockcharts.com/h-sc/ui?s=MGI&p=D&yr=0&mn=3&dy=0&id=p07489187766

there is your chart, safe it under favorites, just change the tickersymbol.
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Option and Forex Trader.

Just ask me for annotated charts, opinions and so on, I´ll be happy if I can help.
829
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« Reply #6 on: June 03, 2008, 10:35:22 AM »

Thank you.
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Dr PennyStock
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« Reply #7 on: June 03, 2008, 03:41:18 PM »

Hi 829

Welcome to my forums.

I have just two little suggestions to complement Tommy's advice, change the range of the chart to "Fill the Chart", you have a much better overall look of the chart, and change the Volume from Overly to Separate, this helps to see the chart more cleaner and better identify the important points (support, resistance, etc.)

I strongly advice make these changes.

Here is the chart: http://stockcharts.com/h-sc/ui?s=MGI&p=D&b=5&g=0&id=p98412552016
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829
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« Reply #8 on: June 03, 2008, 11:42:15 PM »

Thank you, I will play with both once I learn more about charting.
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