RE: CHARTS -T LINE TIPS14 Aug 2017 13:19
Thanks very much Lefkosia.There is enough here to keep me good for weeks, as I am very new to this.I usually try to keep things simple so if I actually do start trading with these techniques I shall probably confine myself to relatively few selections and not get carried away trying to refine them too much by adding too many ''extras''.When things get too complex that's where trouble usually starts for me at any rate.
I'm still not really conversant with ema8 exponential and T Line. Is there a graph and voice and pointer used VERY SLOWLY to explain it?? GCE maths is my limit lol and graphs not my forte.
The candlesticks I can grasp pretty easily as they are simple visual signals.Understanding EMA etc is more of a mystery. I ''get'' the Stochastics and observing the two lines either converging ot diverging, No prolem there. It's the various numbers you associate with the moving averages which I need to work on.
Watched S Bigalow's video. I can grasp the general principle and seems something I can get to grips with given a bit more time.
I was intrigued by his analogy of 'EMA8 exponential' being likened to Fibonacci numbers and the 'Golden Mean'.Very interesting.
Thanks again for taking the time to explain. BOb