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I use a few 'exotics' such as PVI (Positive Volume Indicator) to gauge the punters sentiment, I use EquiVolume to see where there is likely to be volume pressure, I look at the Heikin Ashi charts to gauge how strong the upward or downward movements are, I use fibonacci levels but I find they tend to be pretty much the same as my horizontal support and resistance lines, so a bit superfluous other than for confirmation. The EW is not really something I would use. I think I would be out of the stock before it resolved fully. I use to have MAs and stop loss on my charts but I found I tended to ignore them, so I dropped them. I can't get the Market Profile to work on IC, I would probably glance at that if I had the option.

It shouldn't be edge-of-seat stuff if one is properly trained in basic charting. Way, way back in the day, I was blessed to be trained by some amazing chartists on IC forum when it was a busy interesting place. We all pretty much used IC charts so it was easy to compare what they were doing. They were amazing traders and many of them shared their secrets. I watched, learned, asked questions, read lots of charting books, and practiced.

I really hope I can offer something to someone to help them get an edge with their trading, that would be lovely.

I don't think it is amazing, it is just practice. I try to practice everyday, whether I am trading or not. It is like playing a musical instrument, you need that hour or two a day of practice. If I have been sick for a while and not able to practice, I notice it takes its toll on my charting comprehension.

This is a chart with the rising support/resistance lines I drew on this chart. You will notice how the volumes react at certain points of support and resistance. This is always a good confirmation for me I have my supports and resistances on the correct levels as all the other traders. I also agree about a pullback, the rising resistance has failed to be broken too many times and now it looks weak. The volumes also confirm this.

[ATTACH=full]91665[/ATTACH]

<blockquote data-quote="Ann" data-source="post: 1012074" data-attributes="member: 2506">I use a few &#039;exotics&#039; such as PVI (Positive Volume Indicator) to gauge the punters sentiment, I use EquiVolume to see where there is likely to be volume pressure, I look at the Heikin Ashi charts to gauge how strong the upward or downward movements are, I use fibonacci levels but I find they tend to be pretty much the same as my horizontal support and resistance lines, so a bit superfluous other than for confirmation. The EW is not really something I would use. I think I would be out of the stock before it resolved fully. I use to have MAs and stop loss on my charts but I found I tended to ignore them, so I dropped them. I can&#039;t get the Market Profile to work on IC, I would probably glance at that if I had the option.It shouldn&#039;t be edge-of-seat stuff if one is properly trained in basic charting. Way, way back in the day, I was blessed to be trained by some amazing chartists on IC forum when it was a busy interesting place. We all pretty much used IC charts so it was easy to compare what they were doing. They were amazing traders and many of them shared their secrets. I watched, learned, asked questions, read lots of charting books, and practiced. I really hope I can offer something to someone to help them get an edge with their trading, that would be lovely.I don&#039;t think it is amazing, it is just practice. I try to practice everyday, whether I am trading or not. It is like playing a musical instrument, you need that hour or two a day of practice. If I have been sick for a while and not able to practice, I notice it takes its toll on my charting comprehension.This is a chart with the rising support/resistance lines I drew on <a href="https://www.aussiestockforums.com/posts/1009612/" target="_blank">this chart</a>. You will notice how the volumes react at certain points of support and resistance. This is always a good confirmation for me I have my supports and resistances on the correct levels as all the other traders. I also agree about a pullback, the rising resistance has failed to be broken too many times and now it looks weak. The volumes also confirm this.[ATTACH=full]91665[/ATTACH]</blockquote>

[QUOTE="Ann, post: 1012074, member: 2506"] I use a few 'exotics' such as PVI (Positive Volume Indicator) to gauge the punters sentiment, I use EquiVolume to see where there is likely to be volume pressure, I look at the Heikin Ashi charts to gauge how strong the upward or downward movements are, I use fibonacci levels but I find they tend to be pretty much the same as my horizontal support and resistance lines, so a bit superfluous other than for confirmation. The EW is not really something I would use. I think I would be out of the stock before it resolved fully. I use to have MAs and stop loss on my charts but I found I tended to ignore them, so I dropped them. I can't get the Market Profile to work on IC, I would probably glance at that if I had the option. It shouldn't be edge-of-seat stuff if one is properly trained in basic charting. Way, way back in the day, I was blessed to be trained by some amazing chartists on IC forum when it was a busy interesting place. We all pretty much used IC charts so it was easy to compare what they were doing. They were amazing traders and many of them shared their secrets. I watched, learned, asked questions, read lots of charting books, and practiced. I really hope I can offer something to someone to help them get an edge with their trading, that would be lovely. I don't think it is amazing, it is just practice. I try to practice everyday, whether I am trading or not. It is like playing a musical instrument, you need that hour or two a day of practice. If I have been sick for a while and not able to practice, I notice it takes its toll on my charting comprehension. This is a chart with the rising support/resistance lines I drew on [URL='https://www.aussiestockforums.com/posts/1009612/']this chart[/URL]. You will notice how the volumes react at certain points of support and resistance. This is always a good confirmation for me I have my supports and resistances on the correct levels as all the other traders. I also agree about a pullback, the rising resistance has failed to be broken too many times and now it looks weak. The volumes also confirm this. [ATTACH=full]91665[/ATTACH] [/QUOTE]

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