Search results

Great, I had no idea what timeframe to go with on the indexes, so I just left it on one that was easy on the eyes until I get a bigger screen. But I'll switch to daily candles I guess? And I will check out that sentiment site too. Thanks!

This is a little too in code for me to follow, still a beginner, but thanks!

Def more swing trading so far. Day trading just moves too fast for me still. Here's the sentiment page I've set up on Thinkorswim. I'm still at a point where something needs to be glaringly obvious for me to notice it, but just in case anyone thinks there's anything obvious I'm leaving out.

Thanks, first I'm hearing of baselines, will check out the video in a bit!

General advice question. I'm still a rookie at Swing Trading and Technical Analysis. I'm trying to get better at integrating market sentiment into my trades, was kinda ignoring that initially, because I was so overwhelmed by everything else. Books I've read on this so far have recommended...

I read his Options for Dummies book, bit over my head as I'm still very new to trading, but it seemed competent and clear.

Love ocular proof, nice phrase! Gonna borrow that. I'll start watching hammers more carefully and go back and reread the sections on them in the couple candlestick books I've read so far. On MA crossover, I don't know if this is sound or not, but here's been my reasoning. I learned early...

Great. I'm kinda adding one piece of the puzzle at a time. Pretty happy with my EMA SMA crossover for now, and I'll start adding Hammers into the mix as well. Simple to add them on ToS to the chart, longer the wick the better the signal on those right? Does one read Hammers the same at...

Read my mind, thinking I'll get a Dell. I've been doing all this on my macbook and I'm just getting sick of squinting. I'm a bit older to be so new to trading, I know my eyes will thank me for getting a nice 27" screen.

Hm, I'll give that a try. Right now I'm one chart setup too, hopping back and forth between 1m and 5m also freezes my decision-making. I need a much bigger screen, maybe two. Still clueless on how to drill down thru timeframes.

Here's the first one from today, 9:20 to 11. Blue line is 50 SMA, White is 200 SMA. Not sure how to add pivot points yet, the arrows are just set to engulfing candles.

I use ToS. Looks like I can chart MNQ if you mean this Micro Nasdaq 100 Index, and M2K appears as well, how come? What should I be looking for there?

Thanks for the links! One you posted from tradingsetupsreview.com looks great, gonna read it tonite.

Thanks so much Easymon, this is great! I haven't tried Fibonacci ratios at all yet, just read a bit on them, but I'll try them out. So when you say your strong preference is candlesticks + support/resistance, does that mean you're skeptical on moving averages being helpful?

Sure here's premarket and today's chart for AMD. I've been using 9 day EMA crossover with 200 SMA and watching the RSI as well. Today seemed like a good morning to get in, but I let analysis by paralysis take over. Still really just getting started with Technical Analysis so any pointers more...

No, haven't tried that applying them that way yet. I've only been using really basic EMA/SMA crossovers to get in and out of trades, but I'm still pretty lost in terms of how to set price targets.

Thanks Kroxobor, so far I've been using a 9 EMA and 25 SMA with the 200 SMA there just to keep my bearings. What I don't understand yet is what happens when you examine those from different timeframes: say 1 min, vs 1 hour or longer. Seems to change how you should interpret the signals, but I...

I've been trading in shorter time frames like 1-5 mins yes.

Hey All, I'm new here, interesting discussion so far. I'm also still very new to technical analysis, so sorry if this is too beginner of a question, but I'm wondering how looking at different timeframes (1m, 5m, 15m, 1h) affects the way one interprets moving average?