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over9k's planning thread for Basic chart analysis/chart reading 101

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Ok, any newbies interested and reading this thread? Don't want to put the effort in if only a couple of people are going to read it.
I will read it for sure. Just don't become to techinccal
Ok, any newbies interested and reading this thread? Don't want to put the effort in if only a couple of people are going to read it.
Very interested I will read it for sure...now will I understand it though.
 

Joe Blow

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Ok, any newbies interested and reading this thread? Don't want to put the effort in if only a couple of people are going to read it.

With a good thread title, I can guarantee that thousands of people will read it, as ASF ranks well on Google and people will find it that way. It sounds like an interesting thread. If you go ahead with it, just make sure the thread title is the same as what people would type into Google to find that content.
 

over9k

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Ok, any newbies interested and reading this thread? Don't want to put the effort in if only a couple of people are going to read it.
Ok seems like quite a few guys are interested, I'll get onto it when I can. Still sick with a shocking head cold so haven't been all that productive lately.

I was thinking I'd call it "Basic chart analysis/chart reading 101"?

What do you think @Joe Blow ?
 
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Ok, any newbies interested and reading this thread? Don't want to put the effort in if only a couple of people are going to read it.
Complete newby here and very interested in your offer and tech/a's analysis. I watch Bloomberg for an hour or so each day trying to understand the markets by listening to their experts but so far this thread is better. Keep up the good work!
 

over9k

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Ok so before I begin, quick question for all the newbies out there: Is there anything you want me to focus on specifically/anything in particular that you're struggling to get your head around?

I was going to just do a general guide but if there's something which is a common thing for people to get stumped on or whatever then I'll obviously spend some extra time on it.

So yeah, if there's any special requests, let me know :)
 
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Ok so before I begin, quick question for all the newbies out there: Is there anything you want me to focus on specifically/anything in particular that you're struggling to get your head around?

I was going to just do a general guide but if there's something which is a common thing for people to get stumped on or whatever then I'll obviously spend some extra time on it.

So yeah, if there's any special requests, let me know :)
For myself it's more to do with the setting usage on the charts. I am using nabtrade and I have the volume and momentum with bar graph. Range setting I can't find should I have them set to specific setting or just as they preload? That is where I am at.
 

over9k

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Hmm I don't use nabtrade so I'm not sure about the specifics of the UI and therefore what the default setting is, but there's a metric called "implied volatility" (or just IV for short) that might be able to give you a good starting point, have you heard of that?
 

over9k

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Yep agreed, separate planning thread would be better
 

tech/a

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Thought Id just mention that I will be doing some Basic Charting RELATIVE TO MY Discretionary TRADING METHOD only on my "Without the Bullsh*t" Thread.

Covering

Reading bar charts

(1) Individual Bars.
(2) Volume
(3) Gaps
(4) Volume Control Bars.
(5) Fixed Fractional Position sizing.
(6) Pattern identification ---That I look for NOT EVERY pattern known!
(7) Support and Resistance.
(8) Trade Management relative to MY Discretionary METHOD
(9) Outlier Moves.
(10) Constructing a Watchlist.
(11) Finding Prospects.

PLUS anything else related to understanding the Trading method
that people bring ask about.

I will do this in a separate thread to this and the other thread.

Look forward to your work Over 9K
 

over9k

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Ok @tech/a I was actually planning on covering how to read a candle graph, ranges, trends, support & resistance, consolidation, volume, and then a tiny bit on correlation too. Did you want me to do mine first just so we don't end up overlapping each other and you then know the base knowledge to jump your guide off from?

I was thinking that the intermediate level would be the point at which you/I/we would start introducing other metrics like RSI and teaching how to read those and then just increase the complexity/metrics used from there?
 

tech/a

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Over 9K dont have any problems with your presentation.

Im sure there will be some overlap but Im sure you will or could present
information I wont and Vice Versa. Id expect Q&A would be different.

I will be constantly referring back to the usage of the analysis with examples
on my own methodology type trades --how to use them.

I would be surprised if the common ground wasn't littered with different info.
You may have more time than me so Your very likely to be well ahead in presentation.
Your format/structure will be very different Im sure.

Please dont hold back. (ignore what Im doing!).
 
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Over 9K dont have any problems with your presentation.

Im sure there will be some overlap but Im sure you will or could present
information I wont and Vice Versa. Id expect Q&A would be different.

I will be constantly referring back to the usage of the analysis with examples
on my own methodology type trades --how to use them.

I would be surprised if the common ground wasn't littered with different info.
You may have more time than me so Your very likely to be well ahead in presentation.
Your format/structure will be very different Im sure.

Please dont hold back. (ignore what Im doing!).
Fantastic. Can't wait, as I have a lot to learn.
Thanks guys
 

over9k

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Alright guys I haven't forgotten about you, I've nearly drafted this and will try to get it cleaned up & posted before the markets open tonight.
 

Gunnerguy

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Love to see some charting stuff to help us all.

Gunnerguy
 
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