Tech/a on Technical Analysis

[tech/a]

 

[tech/a]

 

[tech/a]

 

[tech/a]

 

[tech/a]

 

[tech/a]

 

[tech/a]

Just a quick survey---are people getting anything out of this.
Would you like me to continue when I can?

 

[$20shoes]

Tech I love this stuff. I should comment more as it really suits some of the more discretionary trades I make and I really get a lot out your posts. Keep up the good work IMO.

 

[tech/a]

Like this Lithium chart

 

[greggles]

Just a quick survey---are people getting anything out of this.
Would you like me to continue when I can?

I'm finding it very useful thanks tech. I appreciate your efforts and would like to see the thread continue. It's turning into a great technical analysis resource.

 

[BlindSquirrel]

Just a quick survey---are people getting anything out of this.
Would you like me to continue when I can?

Yes, please continue.
Just a quick noob Q though, I've tried searching for an answer but no luck; what does v/c stand for? Volume/consolidation?

 

[tech/a]

Blind Squirrel

Volume Control

Its referring to a bar with very high volume.
It can take a number of forms
Wide Range High Volume finishing on a high (Bullish)
OR Finishing on a low (Bearish).
Very high volume on shorter bars (Less range) Indicate
Distribution (Supply) or Accumulation (Absorption of supply
buy demand)
Wide range bars with closes mid way or towards the lower quartile
Indicate a slant toward Bullish or bearishness dependent on the
place of the bar in the context of the chart.

Note Than to read volume and Range you need very liquid stocks.

V/C bars Typically will trade 10 X the volume average over 20 days.

Context within a chart will give you indications of what the V/C bar consists of
Meaning
Supply or demand over coming Supply
Continued Supply over coming Demand

Found just before turning points in Up and Down moves.
AT turning points in up and down moves.
Before or during consolidation pauses both long and short.

I'm hoping that posting enough examples in very different situations will
help those interested in finding and identifying opportunities when they
occur.
How to trade winners and of course losers.

You'll note that the V/C bar's range often acts as support and resistance.
I find that area most reliable if trading doesn't go more than 50% of the
range of the V/C bar. Lower and that Support or resistance is very weak.
These areas I shade on the chart.
They are Boxed including the preceding day for clarity so you can see the bar!!

 

[jjbinks]

Hi TA,

Definitely learning something new from each chart you post.

Would love if you can post some any future trades. (I find it really hard to apply volume in analysis for futures contracts). (Maybe I can post some stuff and get your feedback?)

Thanks
JJ

 

[tech/a]

OK Ill have a look
Im not trading Futures right now
and wont be over the nights this week.
BUT
Can have a look at the SPI during the day on say a 15 min chart.
Tues/Thurs or Fri--Wed I"m on a golf course!

 

[Smurf1976]

Just a quick survey---are people getting anything out of this.
Would you like me to continue when I can?

Extremely interesting and informative.

 

[tech/a]

Blind Squirrel

I was going to shorten your Handle to B/S
but thought what would be very unfair!

 

[barney]

Like this Lithium chart

Been a couple of "L" stocks starting to look interesting …… In your travels Tech, you might keep a lazy eye on LPD …

Had its first spike after a sustained downtrend and currently in consolidation mode ….

The spike was solid on good volume so I expect it will move again.

 

[tech/a]

Yes thanks will keep an eye on it.

 

[just_jay]

nice vol and range on GUD. tracking along nicely in your books =)

APA. Testing the bottom of VCB from 5th March. Some resistance at 9.83. Wait and see?

 

[mikeroxoz]

Reading with interest Ducky and keen to learn so please keep them coming