RE:RE:Reading Charts - question to oldfx1oldfx1 wrote: I don't use RSI for a trade signal as it can remain very overbought and very oversold the correct SMA is my go to indication of positive momentum losing steam and postive
momentum returning, in these small caps the typical 50-100-200 have lttle value as they
are better used for large caps and indexs. The KAMA is one of my favs as it nails the action
and it stops me from watching/reacting off a daily candle indication....its all about the CLOSE
not the daily price action
RHT weekly chart for the passive investor = 2 trades in 7 months !
Interesting comments oldfx, I'm intrigued and always a learner of TA as it does go hand in hand with FA. I like to keep it simple, not a novice in looking at support/resistance, trend lines etc; but certainly no TA guru. I use EMA's to track the price better than MA's, maybe I'm out to lunch with that strategy. Never heard of KMA's until now. I do have a basic sub to stockcharts which I find useful, use more the weeklys to take out the daily noise. Mill2000, interested to hear your feedback just the same. TIA.