Discover and read the best of Twitter Threads about #charting

Most recents (6)

Waiting for a daily close above the resistance by 3% margin is a trading tactic Edwards & Magee discussed in their book Technical Analysis of Stock Trends.

For some of you this might be a too late entry. Remember that trading tactics can be different for each trader/investor.
As there is no perfect stop-loss placement, there is also no perfect entry condition. Sometimes you can miss the breakouts due to gap openings. I'm sure many of you managed to position well into this H&S continuation breakout. Image
There are several ways to trade a chart pattern. From anticipatory positions before the breakout to buying during re-test after a breakout...

However, there is only one way to identify a text-book classical chart pattern. This one was a H&S continuation.
Read 6 tweets
TREND TRADING

This is going to be a long thread which talks about Trend trading investing in the Indian Stock Market.
I learned very early "Trend is your Best Friend" but hardly found any practical method that can be applied in Investing and Trading

I had to burn my fingers and finally learned some concepts of the trend. I have been applying these concepts and have been richly rewarded
Firstly, it's important to understand that Trend works differently in a shorter time duration when compared to a longer duration.

Likewise, it's differently done for Index and for Stocks. Cut, Copy, and Paste cannot be applied here.
Read 20 tweets
Point and Figure Charts now come with built-in Bullish and Bearish pattern recognition

🚀Double Top
🚀Double Bottom
🚀Triple Top
🚀Triple Bottom
🚀High Pole
🚀Low Pole
🚀Significant Column

Go to Appearance tab and activate the patterns

#pnf #patterns #charting #pointfigure
Bullish Double Top and Bottom
Triple Top and Triple Bottom
Read 4 tweets
Indicator on Indicator (beta) -

Another premium feature in other popular platforms is now available for FREE in GoCharting.

Please follow the steps in this thread

#premium #indicators #charting #advanced Image
Click on the Indicator series legend and select "Add Indicator" option Image
A new Indicator selection menu will appear to choose from Image
Read 5 tweets
Due to the rapidly evolving situation, I'm sorry to say that there will be no new #Charting episode this week. There's no shame in playing it safe. BUT - did you think I wasn't gonna make charts anyway? Let's do this in 280 characters or less! (THREAD)
#Onward tops the box office, despite barely eking out a $10 million weekend gross. #Bloodshot debuts in second place, but #IStillBelieve & its $12 million budget may be the real winners here. Ironically, after being pushed due to controversy, #TheHunt was barely noticed.
Just how bad was this weekend? Here's the gross for the second weekend in March for the last 10 years. COVID-19's first significant effects on the North American market are crystal clear. The bad news? This is just the beginning, as most theaters that were open are now closed.
Read 12 tweets
A ton of new enhancements based on feedback received from all closed Beta users will go for a weekend deployment
#gocharting #beta #charting 🙏🙏
All enhancement have now been deployed
Fibonacci Extension drawing tool added
Contributor: @Crumbs_Social @ThisIsCryptoDE

gocharting.com/screenshots/H6…
Read 23 tweets

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