StockFetcher Forums · Shared Symbol Lists · Karen's Garbage (Not worth reading)<< 1 2 3 >>Post Follow-up
Cheese
1,374 posts
msg #146397
Ignore Cheese
2/2/2019 12:12:44 PM

@karennma

From the What Do I Know department:

Joanne's chart https://stockcharts.com/public/1107832/chartbook/417100117
is for 60-min trading only (presumably, signals may not apply or
carry over to the next trading day). My understanding of her
Triple Buy rules are as follows:

1. The pink line is the MA(50) line. I could see it touching the tops
and bottoms so it seems to act like short-term support and resistance
on an hourly chart. When price breaks down through the line MA(50)
line it is a sell, and when price is above a rising pink line MA(50)
then it is a buy or hold

2. The Money Wave is Slow Stochastic %K(14,1) on this hourly chart.
On a daily chart, Joanne uses Stochastic %K(5,1). The rules are
similar: sell when $K breaks down through the orange area of
the Money Wave chart panel, then wait until Slow Stochastic %K(14,1)
turns around, climbs above the green zone from below, then buy.

3. Buy when the thick MACD line is above the thin trigger line.

Those are just my understanding of Joanne's rules
AND IT WON'T BE THE FIRST TIME I COULD BE DEAD WRONG
Many people like her and follow her maybe because she was a real money
manager and her simple rules have been pretty good in many cases.
There is no holy grail, but if I look at several charts from
the chart lists of Joanne Klein, David Larew, Cobra Yong Pan,
Greg Polites, and read the technical analysis explanations of Marc Slavin,
then I feel a little better informed about the state of the markets.

For her views of the markets, you may want to browse her daily and
weekly charts where she has some clever SIMPLE rules of using
narrowing and widening lines to prepare for buy and sell.

Happy investing and trading. I think you are pretty smart and you must
be doing fine. Don't be too hard on yourself. In general, the average
options traders are better at trading than the average stock traders.



Cheese
1,374 posts
msg #146398
Ignore Cheese
2/2/2019 1:13:46 PM

@karennma
Some peeps on cobra's seem to like coolbizone coolbiz1 who has a paid subscription service
but also tweets some free stuff some of the time. For example, here iare some of
his AMZN tweets on Jan 31:
https://twitter.com/coolbizone/status/1091086401444110336


Cheese
1,374 posts
msg #146400
Ignore Cheese
2/2/2019 2:29:24 PM

@karennma

I am not an expert by any stretch of imagination, but it would seem from this chart
by David Larew end of day Friday that your AMZN might be okay

https://twitter.com/ThinkTankCharts/status/1091677509689712641

Good luck to you

StockFetcher Forums · Shared Symbol Lists · Karen's Garbage (Not worth reading)<< 1 2 3 >>Post Follow-up

*** Disclaimer *** StockFetcher.com does not endorse or suggest any of the securities which are returned in any of the searches or filters. They are provided purely for informational and research purposes. StockFetcher.com does not recommend particular securities. StockFetcher.com, Vestyl Software, L.L.C. and involved content providers shall not be liable for any errors or delays in the content, or for any actions taken based on the content.


Copyright 2022 - Vestyl Software L.L.C.Terms of Service | License | Questions or comments? Contact Us
EOD Data sources: DDFPlus & CSI Data Quotes delayed during active market hours. Delay times are at least 15 mins for NASDAQ, 20 mins for NYSE and Amex. Delayed intraday data provided by DDFPlus


This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.