"Technical Analysis is not just about MACD, pivots, support, and resistance. Is about making sense of the propagation of strengths and weaknesses through time, and ultimately making a winning trade!" -- Boon
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“Despite three years of falling prices, which have significantly improved the attractiveness of common stocks, we still find very few that even mildly interest us. That dismal fact is testimony to the insanity of valuations reached during The Great Bubble. Unfortunately, the hangover may prove to be proportional to the binge.” -- Warren Buffett, March 2003
"Technical Analysis is not just about MACD, pivots, support, and resistance. Is about making sense of the propagation of strengths and weaknesses through time, and ultimately making a winning trade!" -- Boon
Related posts:
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Boon
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3 comments:
Dear Sifu Boon,
Can you help me out on understanding further of propagation & time frame.
Any reading material?
Hi malgen!
Please call me Boon if you don't mind. I am just an ordinary person like many others.
Perhaps you could have a read on Dr Elder's Tripple Screen technique. However, I must say that my concepts of time frames, invariants, and propagation are developed independently. When I first started out learning TA, I had to learn and implement many of the algorithms myself. Due to my experience and expertise in numerical modelling (I did a PhD in it), I later found that invariants are the key for piecing together many of the TA techniques ever developed.
Best wishes
Boon
you are the only who could give accurate chart reading than anybody else i have known, really.
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