Hey guys/gals:
Bill has posted instructions on how to post charts on the thread. If anyone can find those instructions, I'm happy to post charts from Level II in his absence.
Anybody?
Hey guys/gals:
Bill has posted instructions on how to post charts on the thread. If anyone can find those instructions, I'm happy to post charts from Level II in his absence.
Anybody?
The MACD is a lagging indicator, but right behind what is going on. During the day, it is a great indicator for day traders as when to buy and sell. If you look at it on a daily basis on a chart it will show you a trend to go by. If you look at it on a weekly basis it will show you where a stock is going. It can fool you however during a day, because it can cross over a few times and if you don't have a margin account, then you could get lost in the dust. You have to use it in a manner that is in accordance with what you want to do with a stock.
One example: A few months ago, a trading friend of mine was in BAC. A couple of us said to watch the MACD and when it was crossing to put in a stop limit. Well, it crossed, fell back and the stop limit was set off. Right after that it crossed the other direction again and the stock ran up way beyond where we thought it would end.
So you have to use it as a buy and sell tool for your specific desires. It is a very good indicator though.
I hope that makes some sense...
Here is how to post charts and such:
I use a program called Paint.NET. It is FREE and is paintbrush.exe on steroids. It is very easy to use and works great.
!) Alt PrtScn
2) Open Paint.NET and then Edit, then Paste
3) Then use the rectangle select button in the tools box to the left (It is the upper left icon)
4) Select the information on the image that you want
5)Then select Image on the top menu and choose Crop to selection.
6)Optional: you can re-size the image with Image then choose Resize. If you screw anything up, you can go back with Edit then Undo.
7) Save the image to your computer as a .JPG
8) Upload it to a server (where you have a web page ((maybe your service provider provides a website space for you)) or a site that you can upload pictures to) Maybe photobucket or something similar.
9)Then insert the image link in a post here. Use Insert Image button.
Hope this helps.
Have a great day, warriors!
Anyone else feel that .04 is a "round number" resistance for behl? .051 is a new 52 week high. All kinds of bells and whistles would go off if we made it there.
which one of you sold your evfl for .001?
behl still chugging along, be nice if we break out over 04 and hold there.
Dr.Dave
just for kicks,why not buy the company,go american made,put the oil back on our shores instead of over seas....!!!
its hard to day trade some of these pics,I want to work at bringing jobs back into our country,even if its only cash that I bring to the table...
The charts only tell you about the past,then you get the board out, put your fingers on the pointer ,shut your eyes and spell out the loto number..lol
Why not invest and build a company,you will end up with the big cash investing in a future ,but of course that takes work,so I guess you will have to leave that to our hard working mexican brothers across the border....
Seeing your money in your account go up and down like a roller coaster hurts..work hard at what you know..make your money work harder..you need something to think about why you are (sweating)...opps did I swear...
all things take time ..you start with a tree when you build a house right...
Even dry wall starts with dolamite..cars start with iron ore..I am not knocking ..but I dont understand the drive up window thought on making money ......Now we are learning new market skills to ease our retirement years...companies take time to build ...you want your money to go some place,start with the chart history,victom of circumstance
or,historical victom,then business plan,for direction,then chart for good entry,
then hang on to what counts,and go for the ride...in the trades it takes discipline when you do the work yourself...discipline is also required before you do well investing..its so easy to lose your southern end ....